Pelangi Indah

 
Pelangi Indah is amongst the few modern condominiums located at 4 ½ Miles of Jalan Ipoh, a revived neighbourhood in the middle of the Kuala Lumpur city. 
 
Previously an abandoned project by MBF Property during the year 2000, It was taken over by Moore Stephen, where it was stalled. The project was finally revived and completed by the third quarter of 2003 through the endeavours of Syarikat Perumahan Negara Bhd (SPNB). The condo is currently managed by Clement Management Sdn Bhd.  
 
Located adjacent to the main street of Jalan Ipoh, this limited freehold property consists of two 25-storey blocks that accommodate a total of 580 units. 
 
The built-up sizes for the units range from 869 sq ft to 2,084 sq ft. The entire plan is more or less identical with three bedrooms and two bathrooms except for the duplex penthouses with four bedrooms and three bathrooms. 
 
Schools such as SK Batu 4, SJK (C) Mun Choong, SJK (C) Lai Chee, SMK Dato' Ibrahim Yaacob and Chong Hwa Independent High School among others, are all located approximately 5 minutes of driving distance. Other nearby neighbours include Sri Intan 1, Sri Intan 2, and Seri Gembira.
 
Among the nearest shopping centres in the region are Brem Mall, Selayang Mall, AEON Metro Prima, AEON Big Kepong, Tesco Extra Selayang, Giant Batu Caves, Warta Lama and Pasar Borong Selayang. 
Other amenities include restaurants, food stalls and shops. The CIMB Bank is among the nearest banks from Pelangi Indah.
 
Under a 700m distance from the residences is KTM Batu Kentonmen Station, which has direct access to transportation hubs such as KL Sentral and Bandar Tasik Selatan via the KTM train. The public bus is also available within a three minutes walking distance to the bus stop located on the main road. 
 
Due to its strategic location, Pelangi Indah is a mere 15 minutes drive to Kuala Lumpur City Centre (KLCC) via major roads such as Jalan Kuching and Jalan Tun Razak. 
 
Concerning connectivity, this development is well connected to various highways such as Duta-Ulu Kelang Expressway (DUKE) and SPRINT Expressway which connects Damansara Link, Penchala Link, Kerinchi Link and North-South Expressway (NSE). Hence, residents can effortlessly reach the NKVE, Mid Valley, Mont Kiara, Kepong, Batu Caves, Rawang and Petaling Jaya via Jalan Duta.




Property Details

Name: Pelangi Indah

Address: 4 1/2 Miles, Jalan Ipoh, 51200 Kuala Lumpur

Developer: Syarikat Perumahan Negara Berhad

Completion Date: Sep 2003

Type: Condominium

Tenure:

No. of Blocks: 2

No. of Storey: 25

No. of Units: 580

No. of Bedrooms: 3 & 4

No. of Bathrooms: 2 & 3

Built-up: 869 - 2,084 sf

Maintenance Fee: RM0.18 psf

Subsale Price: RM 300,000.00 - RM 400,000.00

Rental: RM 17,355.00 - RM 60,000.00

Facilities

24 Hours Security Guards / Patrol

Balcony / Patio

Barbeque Area

Cafeteria

Covered Parking Lots

Landscape Garden

Lifts (3 Units For Each Block)

Mini Market

Playground

Swimming Pool

Wading Pool

Market Trends

Latest transaction in Pelangi Indah, Jalan Ipoh

SPA Date	Address	Size	Price
22/01/2018	B-X-XA, BATU X X/X, JALAN IPOH	883 ft2	258000
19/01/2018	A-X-X, JALAN TEROLAK	1023 ft2	375000
05/01/2018	B-XA-X, OFF JALAN IPOH	883 ft2	278000
27/11/2017	B-X-X, BATU X X/X, JALAN IPOH	1206 ft2	380000
24/11/2017	A-X-X, OFF JALAN IPOH	1206 ft2	250000

Analysis

Geologically positioned at "N3 11 51, E101 40 37," the strategic location of Pelangi Indah provides residents with a clear and scenic view (the higher part of the building) of Kuala Lumpur City Center (KLCC), Kuala Lumpur Tower,  Petronas Twin Tower, Genting Highlands and Batu Caves. Seeing that Pelangi Indah is a 20-storey building, nearly all of its units (especially the upper floors) have the luxury of breezy cool air.Despite the fact that Pelangi Indah is spoilt with their ease of access and surrounded with plenty of amenities, it has its split of imperfections as well.

Traffic at most major roads is crammed throughout the majority of the times, mainly at Jalan Ipoh and Jalan Kuching. While this generally happens just for the period of peak hours, traffic flow will return smoothly in less than an hour.Furthermore, Pelangi Indah is also located nearby to the KTM Komuter station. The sound from the travelling train might prove to be a nuisance for buyers who wish to enjoy a peaceful lifestyle in this urban residential.

Undeniably, Pelangi Indah is an ideal place to call home. It is great for all kinds of residents; families, students, single adults and best for newlyweds to begin a small family. Besides, with the value of money spent, it is certainly worth it to get a roomy and comfy condominium that is hard to be found in Kuala Lumpur city.Well located and packed with excellent amenities a stone's throw away, Pelangi Indah is a good investment for buyers. It is highly likely that buyers can lease out or sell off their properties in expectation of higher value returns.