Pelangi Ara, Kayu Ara
Pelangi Ara is a leasehold condominium that is located in Kayu Ara, Bandar Utama. There are 2 units available at this condominium with built-up from 650 sf to 657 sf. Other neighbouring developments nearby are 1 Bukit Utama, Beverly Residence, Boulevard Residence, Casa Utama, Pelangi Utama, Puncak Damansara, Se terra, Sri Ara Apartment, Uptown Residences and Utamara.
This condominium has some amenities nearby, i.e. schools, universities, hospitals and transit stations. The following are some of the major schools here:
- SMK Bandar Utama Damansara 2
- SRA Kampung Sungai Kayu Ara
- The British International School KL
As for universities, there are First City University College, Kolej Malaysia Lincoln University (Laman Sesawang) and Wawasan Open University (Bandar Utama Regional Support Centre).
The current rental yield of Pelangi Ara is around 6.26%, compared to 6.77% 2 years ago in Q2 2021. The highest rental yield ever recorded was 6.77% in Q2 2021; while the lowest one was 4.69% in Q4 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Pelangi Ara is 3-bedroom / 650 sf with a median price of RM350 psf. For price wise, the most expensive one is 3-bedroom / 657 sf with a median price of RM350 psf; while the cheapest one is Studio / 657 sf with a median price of RM300 psf.
Latest Pelangi Ara sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 16 Oct 2023 | Low-Cost Flat | 650 sf | RM210,000 |
| 19 Aug 2023 | Low-Cost Flat | 657 sf | RM210,000 |
| 19 Aug 2023 | Low-Cost Flat | 650 sf | RM205,000 |
| 21 Jul 2023 | Low-Cost Flat | 650 sf | RM230,000 |
| 21 Jun 2023 | Low-Cost Flat | 657 sf | RM230,000 |
| 5 Sep 2022 | Low-Cost Flat | 650 sf | RM200,000 |
| 12 May 2022 | Apartment | 657 sf | RM200,000 |
| 13 Apr 2022 | Low-Cost Flat | 657 sf | RM190,000 |
| 18 Feb 2022 | Condominium | 650 sf | RM150,000 |
| 17 Feb 2022 | Low-Cost Flat | 650 sf | RM150,000 |
Latest Pelangi Ara rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 15 Sep 2023 | Low-Cost Flat | 657 sf | RM1,200 |
| 29 Aug 2023 | Low-Cost Flat | 657 sf | RM1,200 |
| 21 Aug 2023 | Low-Cost Flat | 650 sf | RM1,200 |
| 18 Jan 2023 | Low-Cost Flat | 650 sf | RM1,000 |
| 5 Jan 2023 | Single Room | -NA- | RM400 |
| 31 Mar 2022 | Medium Room | -NA- | RM220 |
| 26 Jan 2022 | Apartment Room | -NA- | RM303 |
| 17 Jan 2022 | Medium Room | -NA- | RM450 |
| 27 Oct 2021 | Low-Cost Flat | 650 sf | RM770 |
| 12 Oct 2021 | Low-Cost Flat | 650 sf | RM770 |