Pelangi Utama, Kayu Ara

Pelangi Utama is a leasehold apartment located in Kayu Ara, Bandar Utama. There are 648 units available at this project with built-up from 920 sf to 1,137 sf. It was developed by MKH Bhd (aka Metro Kajang) with a launch price of about RM200 psf, and was completed around 2004.

MKH Bhd (aka Metro Kajang) is a gigantic property developer listed on Bursa Malaysia, and it has developed about 73 property projects in Malaysia. Other similar projects by the same developer are Inspirasi, Nexus Residences, Pelangi Astana, Pelangi Damansara, Residensi PR1MA Kajang, Residensi Pinang, Saville The Park and Tower B.

This apartment has many amenities nearby, i.e. schools, universities, hospitals and metro transport stations. The following are some of the main schools here:

• Pusat Sumber SK Bandar Utama Damansara 2
• SK Bandar Utama
• SK Bandar Utama Damansara 2
• SMK Bandar Utama Damansara 2
• SMK Bandar Utama Damansara 3
• SRA Kampung Sungai Kayu Ara
• The British International School Of KL

As for universities, there are First City University College and Wawasan Open University (WOU) Bandar Utama.

The current rental yield of Pelangi Utama is around 3.68%, compared to 4.0% 2 years ago in Q2 2019. The highest rental yield ever recorded was 5.68% in Q1 2011; while the lowest one was 3.18% 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 Utama is 3-bedroom / 920 sf with a median price of RM540 psf. For price wise, the most expensive one is 3-bedroom / 920 sf with a median price of RM540 psf; while the cheapest one is 3-bedroom / 1,137 sf with a median price of RM520 psf.

Latest Pelangi Utama for sale listings:

Latest Pelangi Utama for rent listings: