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Property Insights & Reviews : Menara Pelangi

Menara Pelangi

0 for Sale

1 for Rent

Freehold

F/H
Menara Pelangi is a 2-block condominium property situated behind the main road of Brickfields's Little India. It diagonally faces the Bangsar LRT station - just 7 minutes walk away. Accessible via major roads like Jalan Tun Sambathan and Jalan Trevors, and exiting via Jalan Bangsar, Menara Pelangi is sandwiched between other high-rise apartments like Sri Impian Condo and Pearl Court. KL Sentral is less than 1km away from Menara Pelangi, where frequent travelers will enjoy the facilities of KLIA Transit, KLIA Express, connecting train lines, KTM, Genting Express Bus and many others.Menara Pelangi is a low-density property developed by Grand Central Development about 11 years ago. The first four floors (Level 1-4) are for parking, while level 5 onwards are the residential floors. There are only about 280 units in total, as the highest floor only has 4 units while others have 8 units. The units range from 700 - 900 sf, and mostly are rented out. A wide variety of amenities surround Menara Pelangi. From fast food restaurants, banks and postal office, all provide quick and efficient service. The nearest shopping mall is Mid Valley City, which is a mere 10 minutes drive away or even the upscale Bangsar district for selective cuisine and expatriate atmosphere. The area is also known for being the 'divine location' as it is home to a few religious structures, some over 100 years old.

Property Details

  • Name: Menara Pelangi
  • Address: Lumpur No. 8 Lorong Ang Seng 2, 50470 Brickfields, Kuala Lumpur
  • Developer: Grand Central Development
  • Managed by: Menara Pelangi Management
  • Completion Date: 2000
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 2
  • No. of Storey: 18
  • No. of Units: 280
  • Built-up: From 790 - 946 sf
  • Subsale Price:
  • Rental:
  • Facilities

  • Covered parking
  • Gym
  • Swimming pool
  • 24-hour security
  • Playground
  • Launderette
  • Squash court
  • Market Trends

    Latest transaction in Menara Pelangi, Brickfields

    SPA Date Address Size Price
    11/10/2017 XB-X-X, LORONG ANG SENG X 926 ft2 550000
    12/09/2017 B-X-X, LORONG ANG SENG X 861 ft2 485000
    10/07/2017 A-X-X, LORONG ANG SENG X 893 ft2 480000
    10/03/2017 B-X-X, LORONG ANG SENG X 926 ft2 650000
    01/05/2016 Lorong Ang Seng X 926 ft2 480000

    Analysis

    Living in Menara Pelangi, so close to the LRT line has its advantages. But one would have to factor in the noise pollution from the LRT trains and also the heavy traffic along Jalan Bangsar adjacent to the property. Rental for such small units are a bit steep but Menara Pelangi is a high traffic and strategic location surrounded by many amenities. Travelers or commuters who would have use of the public transportation or even outstation travel would appreciate its closeness to the KL Sentral station and easy access to KL and PJ. Located within Brickfields, Menara Pelangi speaks for itself. Now considered a commercial extension of downtown Kuala Lumpur, the area was also recently spruced up and given a facelift in conjunction with the visit of the Prime Minister of India to the locality. Home to spice houses, textile merchants, Indian restaurants, grocers, and the likes, the area is fast booming and evolving with times. Not much is known of Menara Pelangi's developer and its management, but much of the units are rented out and at a pretty high rate, one can only guess that tenants are pretty decent. Water pumps and filters have been fitted in at the main pipes for better water system which is a big welcome to dwellers here.

    Location

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