Menara Pelangi, Brickfields

Menara Pelangi is a freehold condominium located in Brickfields, KL City Centre. There are 280 units available at this project with built-up from 760 sf to 950 sf. It was developed by Grand Central Development Sdn Bhd, and was completed about 2000. Grand Central Development Sdn Bhd is a small-sized real estate organization held privately, and it has undertaken only this project in Malaysia.

Property Type
Condominium
Land Tenure
Freehold
Built-up
760 sf - 950 sf
Market Price
RM440,000 - RM490,000
Density
280 Units
Completed In
2000
Launch Price
-NA-

This condominium has many amenities nearby, such as universities, schools, hospitals and metro transport stations. The following are some of the major universities here:

As for schools, there are Buddhist Institute Sunday Dhamma School, Havil International School and SMK Vivekananda.

The current rental yield of Menara Pelangi is around 4.68%, compared to 5.62% a year ago in Q3 2020. The highest rental yield ever recorded was 7.3% in Q4 2013; while the lowest one was 4.0% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Menara Pelangi is 3-bedroom / 900 sf with a median price of RM510 psf. For price wise, the most expensive one is 2-bedroom / 760 sf with a median price of RM650 psf; while the cheapest one is 2-bedroom / 880 sf with a median price of RM500 psf.

Latest Menara Pelangi for sale listings:

DateTypeBuilt-upPrice
25 Nov 2021Condominium866 sfRM465,000
25 Nov 2021Condominium860 sfRM410,000
2 Nov 2021Condominium860 sfRM408,000
2 Nov 2021Condominium860 sfRM410,000
29 Oct 2021Condominium900 sfRM450,000
29 Oct 2021Condominium926 sfRM490,000
27 Oct 2021Condominium920 sfRM418,000
23 Oct 2021Condominium950 sfRM480,000
22 Oct 2021Condominium970 sfRM408,000
13 Sep 2021Condominium980 sfRM415,000

Latest Menara Pelangi for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,000 sfRM1,500
8 Jan 2022Condominium900 sfRM1,400
17 Dec 2021Condominium1,200 sfRM1,300
12 Dec 2021Condominium450 sfRM1,500
10 Dec 2021Room-NA-RM690
24 Nov 2021Condominium1,000 sfRM2,000
23 Nov 2021Condominium1,000 sfRM1,600
22 Nov 2021Low-Cost Flat900 sfRM1,600
18 Nov 2021Condominium1,000 sfRM1,500
20 Oct 2021Low-Cost Flat980 sfRM1,500
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