Pelangi Condominium

Pelangi Condominium is a medium cost apartment located in one corner of the Sentul township, in a community called Taman Pelangi, a matured garden with over 20 years of history. Greenery, lakes and a river surround this quiet and serene neighborhood. Recent developments have increased traffic but also highlighted this established neighborhood.With only 288 units, Pelangi Condominium is home to many families who send their kids to the nearby Chinese vernacular schools. A lovely view of either the Batu Caves, KL Tower and KLCC is a favorite amongst residents. Public transportation via RapidKL Sentul Timur and KTM Depot Sentul is less than 2.5 km away. It is located just off the DUKE (Duta Ulu Kelang Expressway). Also near the Sentul Link and easy access to Jalan Mahameru, MRR2, Karak Highway, Jalan Ipoh, Jalan Duta, this area is just minutes away from the city center and other parts of Kuala Lumpur. Amenities are aplenty with residents frequenting the Sentul Pasar (market) located just 1km away from Pelangi Condominium. Those not wanting to venture out of the condo can enjoy the many facilities provided within the property. Taman Pelangi is sandwiched between Taman Rainbow and Sentul Pasar Dalam and divided by Jalan Sentul Pasar, wherein lies the huge YTL revitalizing project of Sentul East and Sentul West.

Property Details

Name: Pelangi Condominium

Address: Jalan Pelangi 9, Taman Pelangi, 51100 Kuala Lumpur

Developer: Inner Glamour (now known as Platinum Victory Development)

Completion Date: 2004

Type: Condominium

Tenure: Freehold

No. of Blocks: 3

No. of Storey: 13

No. of Units: 288

Built-up: From 1,123 - 1,300 sf

Maintenance Fee: RM0.10 psf

Launch Price: RM178,000 - RM300,000

Subsale Price:

Rental:

Facilities

Tuition centre

Covered parking

Gym

Swimming pool

Mini market

Nursery

Playground

Salon

Futsal

Basketball

24-hour security

Jogging track

BBQ area

Market Trends

Analysis

Pelangi Condominium is the developer's maiden housing project. After a successful launch and 100% sold out in sales, the condominium was voted 5th place for its management in the year 2005. Platinum Victory Development (previously known as Inner Glamour) then went on to tackle larger developments like purchasing a 32-acre freehold site in Taman Melati Utama, which comprises of condominiums, shop offices and shoplots. As such, the developer became well known for its Platinum Hill and Platinum Lake condominiums. Now the developer is focusing on developing Setapak Lake City, a 140-acre leasehold mixed development. With the area of Sentul being re-developed and given a face-lift by many established developers like Platinum and YTL, Sentul is fast becoming a sought-after property area with increasing value. Residents can still enjoy the lush green and peaceful surroundings amidst all the development and not have to pay and arm and a leg. Pelangi Condominium with its extensive facilities and surrounding amenities is still an affordable and suitable choice for families and professionals alike.