Taman Rainbow

Taman Rainbow is a freehold housing development located on the famous street of Jalan Ipoh in the state of Kuala Lumpur. Conveniently located, it is only 10 minutes away from the city centre of Kuala Lumpur, while both Mont Kiara and Bangsar are less than 15 minutes away. Petaling Jaya is approximately 25 minutes away, while the Kuala Lumpur International Airport (KLIA) is about an hour away.Taman Rainbow consists mainly of double storey terrace houses. Built-ups of these homes are rather large at between 2,000 sf and 5,900 sf, housing between 4 or 5 bedrooms, as well as having between 3 and 5 bathrooms. Coupled with its excellent location, prices of these houses are relatively astronomical at between RM1,200,000 and RM3,000,000 while the units for auction come at as low as RM661,450.As a very well established housing development, the houses in Taman Rainbow are usually sold partially or fully furnished. Buyers can expect to purchase houses with ready in-built kitchen cabinets, along with fan and light fixings; and very commonly air-conditioners as well. Renovations on the houses are also quite common as most of them are fully extended.Being a purely residential area, Taman Rainbow does not offer its residents any shops, mini marts or facilities. There is however what appears to be a large and unused area in the middle of the development that can be utilised for recreational activities. Amenities are however available within only a short walking distance, as Jalan Ipoh is lined with various shops such as stationary shops and eateries.The closest shopping mall to Taman Rainbow is Mutiara Complex which is less than 5 minutes away. Within this area are many more amenities such as launderettes, hair salons and mini marts. The closest medical centre is the Kuala Lumpur Hospital that is only 10 minutes away, while the famous Chung Hwa Independent High School is only 3 minutes away. Taman Rainbow is a very well located housing development, as Jalan Ipoh is a major trunk road that offers good connectivity to many highways such as the Duta - Ulu Klang Expressway (DUKE) and the Mahameru Highway which the entrance point is only 10 minutes away. Public transportation is just as convenient with the many bus stops located along Jalan Ipoh.

Property Details

Name: Taman Rainbow

Address: Off Jalan Ipoh, 56000 Kuala Lumpur

Type: Terrace

Tenure: Freehold

No. of Storey: 2

No. of Bedrooms: From 4

No. of Bathrooms: From 3

Built-up: From 2,000 sf

Subsale Price: From RM1,200,000

Rental: From RM2,850

Facilities

Field

Analysis

Taman Rainbow is excellently located in the heart of the city with convenient and excellent access to all the major roads in the city. Unfortunately for the residents, Jalan Ipoh where their housing development is located, also happens to be a highly travelled trunk road as well. As such, traffic congestion is horrifying at best during peak hours.The residents of Taman Rainbow is tenanted mostly by those of the Chinese nationality, with the streets of Jalan Ipoh being lined by highly popular dim sum shops, bak kut teh shops and various other roadside stalls that offer excellent food at very cheap prices. Crime rate in the area is on the high side with snatch thefts and break-ins being quite common.Houses in Taman Rainbow are considered to be very good investments despite the heavy traffic congestions and comparatively high crime rates that residents experience, due to its freehold title and fantastic location. As such, many old time residents have put their houses on the market at high prices for those who are looking for large landed properties close to the city centre.