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Pelangi Damansara, Bandar Utama

Pelangi Damansara is a high density middle-cost apartment with condominium facilities. It is located along Persiaran Surian. Among the nearest residential neighbors of this leasehold property are Palm Spring and Surian Condominiums.

Even though Pelangi Damansara is regarded as a middle-cost apartment, it offers facilities that are on par with condominiums. On site, there are a swimming pool, jogging track, playground, mini market and a gymnasium. The residents are protected by the management’s 24-hour security. All units are given a single parking bay, but an additional parking bay can be rented at RM120 per month at a nearby private parking area.

There are plenty of amenities within walking distance. Just in front of Pelangi Damansara is a block of commercial center that comprises a supermarket, groceries, restaurants and cafe. Also, just across the street, there is Pelangi Business Centre that houses plenty of restaurants, groceries and sundries. In addition, it is also situated near to Tropicana Golf and Country Resort and Seri Selangor Golf Club.

Pelangi Damansara is just within 10 minutes of walking distance to Mutiara Damasara’s entertainment, shopping and leisure hub that comprises of The Curve, Cineleisure Damansara, Tesco Damansara, IKEA, IKANO Power Centre and on-going development of Kidzania. A short drive will take the residents to One Utama and Tropicana City Mall. Propspective residents may also like to take note that the property is within close proximity to PJ Trade Centre and KPMG Tower.

The highlight of Palangi Damansara is its accessibility. The apartment can easily be accessed via Penchala Link, Lebuhraya Damansara-Puchong (LDP) and North-Klang Valley Expressway (NKVE). It is located nearby to a number of prime working areas including Damansara Uptown, Bandar Utama and Taman Tun Dr Ismail. Residents also enjoy easy access to public transportation of bus and taxi.

Property Details

  • Name: Pelangi Damansara
  • Address: Persiaran Surian, 47800 Petaling Jaya, Selangor
  • Developer: Cekap Corporation (subsidiary of Metro Kajang Holdings)
  • Completion Date: August 2003
  • Type: Condominium
  • Tenure: Leasehold
  • No. of Blocks: 8
  • No. of Storey: 17
  • No. of Units: 2240
  • Maintenance Fee: RM55
  • Launch Price: RM118,000 – RM168,888
  • Subsale Price: RM230,000 - RM750,000
  • Rental: RM750 - RM2,800

Facilities

  • Gymnasium
  • Jogging track
  • 24-hour security
  • Swimming pool
  • Covered parking
  • Children’s playground
  • Mini market

Market Trends

Analysis

The developer of Pelangi Damansara, Metro Kajang Holdings, was incorporated in 1979 under the name of Srijang Bena. It is an investment holding company with 49 subsidiaries and 1 associate company. Up to date, there are more than 200,000 units of residential, commercial and industrial properties developed by the group. Its latest property developments are Saville Residence, Taman Bukit Mewah, Pelangi Sentral, Pelangi Semenyih and Sentosa Villas.

Most residents at Pelangi Damansara complained about the poor workmanship and bad management delivered by the developer. Their complaints include bad floor and wall finishes, some leaking found at the windows and slow action by the management after complaint was made. The biggest drawback is insufficient parking space available for the resident. It is a common view to see residents’ cars parked on the roadside every single day and night. Besides that, it is also a common view to see the policemen summoning those cars in the morning and afternoon, while MBPJ officers take over their duty at night.

Not only that, the whole enclave is crowded with high-rise residential and commercial buildings which create high density in the area. There are low-cost apartments and Pelangi Square situated right across the street, and Pelangi Sentral serviced apartment is currently under development right beside it. Furthermore, there is a new bungalow development project right beside it. There is plenty more residential developments along Persiaran Surian towards Kota Damansara.

Traffic congestion in the surrounding roads is terrible at most times. This is due to most residents of the whole massive development of Kota Damansara are relying on Persiaran Surian for access. Other than the density factor, the congestion is also due to the illegal parking on the roadside. Pelangi Damansara is situated near to the 33 kV TNB high tension cables. It exposes the residents residents towards the risk of radiation hazard from the electromagnetic field (EMF) generated by the power lines. The nearest blocks to the cables are Block D and E, which facing Bandar Utama 9-hole Golf Course.

Investment wise, the price of Pelangi Damansara has not escalated much in years, but its rental rate has hiked a little bit. There are too many drawbacks possessed, and some residents claimed that they rather stay at low-cost flats nearby or Flora Damansara for better living experience.

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