Pelangi Damansara

Persiaran Surian, Mutiara Damansara,, Bandar Utama, Selangor

About this project

Pelangi Damansara is a beautifully design development located along Persiaran Surian in Kota Damansara. It contains all the facilities to make a living perfect and was developed by Cekap Corporation, which is a subsidiary company of Metro Kajang Holdings. It is a very famous development and is considered to be a high density middle cost apartment’s development. The development provides all the facilities to its residents and to make sure that the residents have everything within the development, the developers constructed a mini market within the development so that the residents can buy all the necessary things for a living and do not have to leave the development as well. The development also takes care of the children needs as well and has a beautiful children’s playground where the children can enjoy their time and without worrying the parents. Pelangi Damansara is indeed a great place to live in. It is surrounded by a variety of amenities and the residents have access to almost everything within their walking distance. For example, just in front of the development, there is a commercial center, which consists of a huge supermarket, groceries, restaurants with quality food and great cafes. If the residents go a little further walking around for 10 minutes, there is a Mutiara Damasara’s entertainment which is a shopping and a leisure hub, which consists of the Cineleisure Damansara, IKEA, The Curve, IKANO Power Center, Tesco Damansara and Kidzania. If the residents want to enjoy more amenities they can visit One Utama and Tropicana City Mall by driving just for 10 minutes. Furthermore, there is a PJ Trade Center and KPMG Tower located in the near proximity of the development as well. Pelangi Damansara was strategically developed by keeping in mind the importance of the accessibility of the location. It can be easily accessed via Penchala Link, Lebuhraya Damansara Puchong and North Klang Valley Expressway. The residents of the Pelangi Damansara do not have to worry about reaching any place and secondly it is also very near to working areas such as Damansara Uptown, Bandar Utama and Taman Tun Dr Ismail. Most importantly, the development also have access to the public transportation such as bus and taxi which makes it an ideal place to live because you can easily move to and from the location whenever you desire. Furthermore, the development is also equipped with modern state of art gymnasium where the residents can work out, a jogging track and a swimming pool is also present for the resident and the residents can enjoy a healthy lifestyle without even leaving the development. The development also offers a car parking facility to its residents and there is an option for 1 car parking bay per single unit available for its residents. Most importantly, to make sure that the residents of the development stay safe and away from any kind of wrong doings from people outside the development, there is a 24 hour security system present in the development. It is also equipped with modern and state of art security gadgets to make the living in the development safe for its residents. The development contains 8 blocks and consists of 17 storeys. There are 2240 units available within the development and the developers have an option to select from different unit designs. The starting built up area of the unit starts from 674 sf and goes up to 1180 sf. The launching price of the units starts from RM 118,000 and goes up to RM 168,888 depending on the selection of the design of the unit. The subsale price starts from RM 230,000 and goes up to RM 750,000. The owners can also obtain rental which starts from RM 750 and goes up to RM 2800 depending on the design and selection of the unit. There is a maintenance fee of RM 55 per month which the residents have to pay. Pelangi Damansara is a great place to live and this project was developed by a famous and renowned company. The developers are famous for many other similar projects and have also developed Pelangi Utama, Pelangi Heights, and Saville @The Park Bangsar. Furthermore, since the date of establishment of this company and up till now, it has developed more than 200,000 units of residential, commercial and industrial properties. They have worked hard on this development to make sure that the residents live a tension free life and enjoy their stay at the Pelangi Damansara. Nearby properties in Kota Damansara worth checking out are Arnica Serviced Residence, I Residence @Kota Damansara, Palm Spring, Tropicana Gardens Dianthus, and D’rimba Damansara. Credit : Propertyguru 4.12.2019
Property Type
Condominium/Apartment
No of block
8
No of storey
17
Completion Year
2003
Beds
2 - 4 bedrooms
Built up
377 sqft - 1830 sqft
Tenure
Leasehold
Transacted Price
RM 35,000 - RM 710,000
Asking Price (Sale)
RM 130,000 - RM 430,000
Asking Price (Rent)
RM 700 - RM 2,000
Developer name
Cekap Corporation (subsidiary of Metro Kajang Holdings)

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Swimming Pool
  • done
    Fitness Centre
  • done
    Park and Garden
  • done
    Convenience Store

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 94 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
27 Sep 1231 Jul 19657 ft²24491100,00015.4
12 Mar 1326 Jul 19797 ft²34323288,0006.3
21 Aug 1302 Jul 19904 ft²442332100,0005
06 Jul 1217 May 19797 ft²389275100,0005.8
24 Jan 1115 May 19592 ft²3380140,00015.6

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 89 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 12 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
23 May 1701 Feb 19797 ft²339398-30000-6
21 Mar 1827 Aug 18646 ft²70190-78000-90.1
23 Oct 1413 Jun 18764 ft²417419-1000-
23 Oct 1413 Jun 18764 ft²417419-1000-
09 Jun 1710 Apr 181,001 ft²569589-20000-4

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 7 more unprofitable transactions

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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