Pelangi Magna is a flat amongst a large development of land area by Magna Prima Berhad in Kepong. Under a joint development project with DBKL, Magna Prima Berhad through its subsidiary, Magna Park Sdn Bhd in the year 2000, launched the 35ha precinct that included 1,200 low-cost flats, apartments, shop-offices, retail centre and commercial plots known as Metro Prima (MP). Pelangi Magna are amongst the low-cost flats built sandwiched between two other MP flats, Mutiara Magna and Suria Magna. It is located across from the commercial site of Metro Prima. The flats are just off the main road of Jalan Kepong exiting into Jalan Metro Prima or Jalan Prima 3. The flats are built on leasehold land and units are roughly 700-800 sf in built up. Built over 14 stories, there are over 360 units stretched over 2 blocks. Close by are recreational centers, Metro Prima DBKL football field and The Challenger Sports Centre. Less than 1km away from Pelangi Magna is the Taman Kepong KTM station. Schools located close by and within walking distance are, SRK Kepong Baru and SRJK (C) Kepong 1 & 2. Slightly further away is SK & SMK Bukit Maluri respectively. The area is easily accessible via the Selayang-Kepong highway which leads into Jalan Kepong. The DUKE highway and North-South highway and is also accessible within 15 minutes of the area. The Metro Prima area is surrounded by Taman Kepong and Kepon Entrepreneurs Park.
Property Details
Name: Pelangi Magna Address: No.1, Jalan Prima 3, Metro Prima, 52100 Kepong, Kuala Lumpur Developer: Magna Prima Berhad Completion Date: 2001 Type: Flat Tenure: Leasehold No. of Units: 336 No. of Storey: 14 No. of Blocks: 2 Built-up: 725 sf - 800 sf Subsale Price: Rental: Facilities
Carpark (open air) Playground LiftsMarket Trends
Latest transaction in Pelangi Magna, Kepong
SPA Date |
Address |
Size |
Price |
19/12/2017 |
A-XA-X, JALAN PRIMA X |
732 ft2 |
185000 |
07/11/2017 |
A-X-X, JALAN PRIMA X |
732 ft2 |
190000 |
18/08/2017 |
B-X-X, JALAN PRIMA X |
732 ft2 |
210000 |
28/07/2017 |
A-X-X, JALAN PRIMA X, OFF JALAN KEPONG |
732 ft2 |
150000 |
28/03/2017 |
A-X-X, JALAN PRIMA X, OFF JALAN KEPONG |
732 ft2 |
150000 |
Analysis
Pelangi Magna is more than 10 years old and looking like it needs a new coat of paint. But the area is booming and high dense as it is surrounded by many other low-cost flats and high-rises. Located in a thriving township, the Metro Prima area has much to offer residents around the area. The amenities and services available to residents more than cater to the needs of all walks of life. From the flats, the Metro Prima & Jusco Shopping Centre and Carrefour hypermarkets is just 5 minutes walk away. A weekly night market just a few roads away is a big draw to residents as well. While the flats are not guarded or enclosed with facilities, there is much available to the residents nearby. Fast-food restaurants like KFC, Pizza Hut and Dominos, petrol stations, banks, learning centres, a hawker centre and others are within walking distance to the flats. The high occupancy in the flats ensures a stable and steady rental.