Pelangi Damansara, Bandar Utama, Petaling Jaya

Pelangi Damansara (also known as Pelangi Apartment) is a leasehold apartment located in Bandar Utama, Petaling Jaya. There are 2,240 units available at this project with built-up from 750 sf to 1,044 sf. It was developed by MKH Bhd (aka Metro Kajang) with a launch price at around RM160 psf, and was completed in about Aug 2003.

MKH Bhd (aka Metro Kajang) is a very large-sized real estate company listed on KLSE, and it has constructed around 73 real estate projects in Malaysia. Other similar projects by the same developer are Inspirasi, Nexus Residences, Pelangi Astana, Pelangi Utama, Residensi PR1MA Kajang, Residensi Pinang, Saville The Park and Tower B.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
750 sf - 1,044 sf
Market Price
RM280,000 - RM430,000
Density
2,240 Units
Completed In
Aug 2003
Launch Price
About RM160 psf

This apartment has some amenities nearby, for example schools and metro transport stations.

The current rental yield of Pelangi Damansara is around 5.54%, compared to 4.4% 2 years ago in Q4 2018. The highest rental yield ever recorded was 6.11% in Q2 2011; while the lowest one was 3.72% in Q1 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Pelangi Damansara is 3-bedroom / 750 sf with a median price of RM370 psf. For price wise, the most expensive one is 3-bedroom / 932 sf with a median price of RM420 psf; while the cheapest one is 3-bedroom / 750 sf with a median price of RM370 psf.

Latest Pelangi Damansara for sale listings:

DateTypeBuilt-upPrice
TodayLow-Cost Flat650 sfRM130,000
TodayCondominium750 sfRM300,000
TodayLow-Cost Flat657 sfRM160,000
YesterdayLow-Cost Flat780 sfRM255,000
15 Oct 2020Condominium750 sfRM300,000
29 Aug 2020Condominium932 sfRM430,000
1 Oct 2020Condominium932 sfRM400,000
1 Oct 2020Condominium932 sfRM400,000
10 Oct 2020Low-Cost Flat1,044 sfRM418,000
8 Oct 2020Condominium800 sfRM290,000

Latest Pelangi Damansara for rent listings:

DateTypeBuilt-upRental
TodayRoom In House-NA-RM680
TodayCondominium850 sfRM2,000
TodayCondominium960 sfRM1,500
TodayCondominium960 sfRM1,600
8 Oct 2020Condominium932 sfRM1,500
8 Oct 2020Condominium869 sfRM1,200
9 Oct 2020Condominium932 sfRM1,500
9 Oct 2020Condominium869 sfRM1,200
12 Oct 2020Condominium932 sfRM1,500
16 Oct 2020Condominium850 sfRM2,000
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