RM450,000 (RM372.52 psf)

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Pelangi Astana is a 20-storey leasehold condominium comprising a total of 180 units and is located in Bandar Utama, Selangor. Completed in 2003, it was developed by Metro Kajang Holdings. 

According to Michelle Tang of Kith and Kin Realty Sdn Bhd, the buyer had multiple viewings of different units in the same condominium and was particularly fond of this unit for its view.

Rather than facing the roadside view like other units, this unit offered the pool view, which was a much quieter environment. Besides that, it was also slightly bigger than the rest because it was a corner unit.

“It was exactly what the buyer was looking for – the asking price was not too high from his budget and yet had a slightly bigger space compared to other units.

“The previous owners no longer wanted to take care of the unit as they were aging and decided to let it go rather than leaving it empty,” Tang shared.

According to EdgeProp Research, an average transacted price of RM376,000 or RM331 psf in 2019 was recorded for a total of five units in Pelangi Astana while an average transaction price of RM350,000 or RM286 psf for two units was recorded in 2020.

As of early Sept 2021, a total of seven units were listed for sale in EdgeProp.my with an average asking price of RM460,714.29 or RM408.28 psf while five units were listed for rental with an average asking price of RM1,500 or RM1.35 psf.

Interested to buy a unit in Pelangi Astana? Or click here for more property listings in Bandar Utama. Click here to know more about Michelle Tang and potential good deals.

Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.

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