Pelangi Square, Mutiara Damansara
Pelangi Square (also known as Pelangi Business Centre) is a leasehold shop-office development that is located in Mutiara Damansara, Petaling Jaya. The built-up available at this property is 1,492 sf to 1,760 sf for offices and 1,492 sf to 21,120 sf for shop-offices. Other neighbouring developments around here are 10 Boulevard, Bistari De Kota, Cova Square, Dataran Pelangi Utama, Dataran Sunway, Merchant Square, Sunsuria Avenue, Sunway Surian Avenue, The Place and Wisma Bentley Music.
This shop-office development has some amenities nearby, for example, transit stations and universities.
The current rental yield of Pelangi Square is 5.22% for offices. The highest rental yield ever recorded was 5.4% in Q3 2018 (office); while the lowest one was 4.0% in Q3 2017 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Pelangi Square for offices is 1,760 sf with a median price of RM260 psf. For price wise, the most expensive one is 1,500 sf with a median price of RM300 psf; while the cheapest one is 1,760 sf with a median price of RM260 psf.
Lastly, the most popular layout and size (built-up) combination at pelangi square for shop-offices is 21,120 sf with a median price of rm420 psf. For price wise, the most expensive one is 10,560 sf with a median price of RM430 psf; while the cheapest one is 1,492 sf with a median price of RM380 psf.
Latest Pelangi Square sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 25 Sep 2023 | Shop-Office | 1,760 sf | RM420,000 |
| 23 Sep 2023 | Retail | 8,800 sf | RM4,600,000 |
| 5 Sep 2023 | Shop-Office | 21,120 sf | RM8,800,000 |
| 17 Aug 2023 | Shop-Office | 1,760 sf | RM420,000 |
| 8 Aug 2023 | Shop-Office | 1,492 sf | RM568,000 |
| 19 Jul 2023 | Retail | 10,000 sf | RM4,000,000 |
| 30 May 2023 | Office | 1,760 sf | RM460,000 |
| 18 May 2023 | Retail | 8,822 sf | RM4,400,000 |
| 8 May 2023 | Shop-Office | 21,120 sf | RM8,700,000 |
| 6 May 2023 | Shop-Office | 1,896 sf | RM338,000 |
Latest Pelangi Square rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 16 Nov 2023 | Office | 1,700 sf | RM1,599 |
| 25 Oct 2023 | Office | 1,896 sf | RM3,500 |
| 24 Oct 2023 | Office | 1,760 sf | RM2,800 |
| 23 Oct 2023 | Office | 1,760 sf | RM2,600 |
| 24 Sep 2023 | Office | 1,760 sf | RM3,500 |
| 8 Sep 2023 | Single Room | -NA- | RM550 |
| 8 Sep 2023 | Medium Room | -NA- | RM650 |
| 8 Sep 2023 | Single Room | -NA- | RM470 |
| 4 Sep 2023 | Office | 1,798 sf | RM2,500 |
| 26 May 2023 | Retail | 1,400 sf | RM8,000 |