Menara Pelangi

Lorong Ang Seng 2, Brickfields, 50470 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

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From
RM 600K
Size
800 sqft

Property Transactions

6 subsales grouped by size

Median
RM 410,000
PSF
RM 481
Price Size
transactions middle 50% (P25–P75)
800 sqft
Condo
RM 390,000
Level 5
797 sqft · RM 490 PSF
RM 385,000
Level 7
797 sqft · RM 483 PSF
850 sqft
Condo
RM 412,000
Level 10
861 sqft · RM 478 PSF
RM 410,000
Level 11
861 sqft · RM 476 PSF
950 sqft
Condo
RM 520,000
Level 17
926 sqft · RM 562 PSF
RM 410,000
Level 8
926 sqft · RM 443 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 410,000

RM 481 psf

Median transaction price

High

Rental Yield Data

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Lorong Ang Seng 2, Brickfields, 50470 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

Maps

Menara Pelangi in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2023, with a median price of RM 410K and a median price per square foot (PSF) of RM 481.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 410K, with most transactions falling within a stable range of RM 385K to RM 455K, and a typical market range of RM 398K to RM 422K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 481, with most transactions between RM 445 and RM 517. The usual range is RM 464.40 to RM 497.40, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 36 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.