Pelangi Damansara Sentral is a 16-storey building which consists of 193 units of residence suites, 3 level of Commercial Space and 8 Level of Car Park. Pelangi Damansara Sentral is strategically located within neighborhood of the Golden Triangle of Damansara. It is surrounded by exclusive vicinity, such as Pelangi Damansara, Mutiara Damansara, Sunway Damansara, Bandar Utama, and Damansara Perdana. Amenities wise, Pelangi Damansara Sentral comes up top again as, there are prominent shopping complexes such as The Curve, TESCO, IKEA, Ikano Power Centre, One-Utama all within walking distance else if not a within a short drive.In terms of accessibility, Pelangi Damansara Sentral is well connected to main highways such as Lebuhraya Damansara Puchong (LDP), Lebuhraya Lembah Klang (NKVE), Pencala Link and SPRINT Highway. It allows residents to access to any places from Damansara-Kuala Lumpur.
Property Details
Name: Pelangi Damansara Sentral Address: Persiaran Surian, Seksyen 39, Petaling Jaya, Selangor Developer: Metro Kajang Holdings Completion Date: Mid 2010 Type: Serviced Residence / Retail Tenure: Leasehold No. of Blocks Phase 1: 3 Phase 2: 3 No. of Units Serviced Residence: 193 Retail: 33 Car Park: 743 Built-up: 674 - 1,027 sf Launch Price: RM171,000 - RM278,000 Layouts
Type A (1,027 sf) Type B (856 sf) Type C (674 sf) Retail Shop (26x70) Office (26x80) Facilities
Gymnasium & Sauna 24m x 8m infinity swimming pool with wadding pool Yoga zone Children play area Green landscaped area Cafeteria The lobby drop-off point Mini mart Laundry Multi-purpose hall Cafeteria Market Trends
Latest transaction in Pelangi Damansara Sentral, Mutiara Damansara
SPA Date |
Address |
Size |
Price |
24/10/2011 |
PS-XA-X, Persiaran Surian, Mutiara Damansara |
674 ft2 |
310000 |
15/08/2011 |
PS-X-X, Persiaran Surian, Mutiara Damansara |
1027 ft2 |
328000 |
22/07/2011 |
PS-XA-X, Persiaran Surian, Mutiara Damansara |
1027 ft2 |
400000 |
21/07/2011 |
PS-X-X, Persiaran Surian, Mutiara Damansara |
1027 ft2 |
390000 |
19/07/2011 |
PS-X-X, Persiaran Surian, Mutiara Damansara |
1027 ft2 |
380000 |
Analysis
The developer of Pelangi Damansara Sentral, Metro Kajang Holding, has been around for a long time and has completed projects all over the Klang Valley. It is pretty well known and experienced developer which has involved in more than 19,000 units of residential, commercial and industrial land, industry factory especially in Kajang. On this unsown 1.7-acre piece of land, they are planning a development similar to their earlier Saville Residence along Old Klang Road, with large retail space on the lower floors and residences on the higher floors. Furthermore, there are limited units of shops on 3 floors, together with 4 levels of parking, then the common facilities podium level, and finally 10 levels (from level 7 to Level 16) of units for the residents. The retail space will act as individual shops that cater for the open market, not exclusively for the residents as they have a wider choice of where to shop given the proximityPelangi Damansara Sentral has its qualities and lower density is one of the attractive criteria. There are just below 200 units here, limiting the maximum total number of residents. Besides that, there are 20 units per floor, serve by 4 lifts, so exclusivity is not one of the high points. In terms of views, the best one is pool view and there are some that face the highways or Pelangi Damansara 2. However, one can choose for those facing the shoplots. The overall concept here is going with small units. Pelangi Damansara Sentral consists of 3 types of layout - a studio unit at 674 sf, an intermediate size unit at 856 sf, and the largest at 1,027 sf. All units come with 2+1 rooms only. Some units on the podium level have a small attached garden.Apparently the target market of Pelangi Damansara Sentral is slightly different from Pelangi Damansara 1 & 2, where the latter are targeting families. While, Pelangi Damansara Sentral is targeting expatriates, and of course investors that will be subletting out to these people. If you have an intention to invest for good rental return, it is advisable to grasp an attractive unit with a little effort to furnish it satisfactorily. You definitely will not have problem getting a tenant.