Sale Price *

Average

RM 352 psf

Range

RM 340 - 374 psf

Rental Price **

Average

N/A

Range

N/A

Rental Yield **

4.94%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average

RM 352 psf

Range

RM 340 - 374 psf

Rental Price **

N/A

Range

N/A

Rental Yield **

4.94%

Rental income expressed as a percentage of the property's value.

Platinum Lake PV 15, Setapak Insights

Developer	:Platinum Victory Development
Architect	:
Main Contractor	:
Land Size (sqm)	:
GFA (sqm)	:
Plot Ratio (Incl. Bonus)	:
Project Name	:Platinum Lake PV 15
Street Name	:Jalan Danau Saujana, 53300, Kuala Lumpur
Postal Code	:53300
Property Type	:Condominium/Apartment
Tenure	:
District/Planning Area	:Setapak
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:23 units
Sold Price Range/Average*	:RM 340 psf - RM 374 psf / RM 352 psf
Leased Rental Range/Average**	:
Implied rental yield**	:4.94%
Historical High	:RM 394 psf in Dec 2017 for a 2,540-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 373 psf in Dec 2012 for a 1,313-sqft unit
Buyer Profile by Residential Status	:
Buyer Profile by Purchaser Address	:

*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

Amenities

24-hour Security

Car Park

Tennis Court

Swimming Pool

Fitness Centre

Park and Garden

Banquet Hall

BBQ Area

Beauty Salon

Convenience Store

About This Project

Standing prominently at the nerve centre of Setapak is Platinum Lake Condominium PV15, a solid L-shaped block of medium density apartments. Its a mirror image of PV16, next to it, and has a four-level podium of recreational facilities and indoor car park. PV15, developed by Platinum Victory Development, has sister developments surrounding it like condominiums PV10, PV12, PV13, PV16 and so on. A number of PV15s units face the serene view of Danau Kota Lake just opposite it. **##Location##**PV15s proximity to some vibrant commercial centres makes it a convenience freaks haven. Its prime location at the Jalan 3/23d and Jalan Danau Saujana junction positions it only a minutes walk from Plaza Crystalville and Platinum Mondrian PV128, as well as Columbia Hospital. Many Japanese, Korean, Malaysian and Western restaurants are within mere minutes walking distance. Shopping and services are aplenty, catering to every whim and fancy of the thriving neighbourhood. Tasik Danau Lake is within 4 minutes walk, Mydin Hypermarket within 6 minutes, and Prima-Setapak and Star-Parc business hubs within 10 minutes. Danau Kota National, Danau Kota Secondary, Danau Kota 2 Primary, Sekolah Rendah (A) Setapak, Mun Yee Chinese and Chong Hwa Secondary schools are all merely 3 to 10 minutes walk away. UNITAR, KL-Metropolitan College, Setapak Vocational College and many other academic-related sites are in the vicinity too.Tesco, Jaya Jusco, Parkson and Giant also add to this locations vibrant commercial-dom. In addition, KLCC is within 15 minutes drive, along with numerous adjacent amenities, facilities and services. Government services like JPJ, clinic and training centres are near with public transportations such as RapidKL-LRT Wangsa Maju and Star-LRT Danau Kota being close by too. Buses, TARC school bus and taxis ply through this area constantly. Accessibility is well-facilitated by Jalan Genting Klang, the Duta-Ulu Klang Expressway (DUKE), Jalan Gombak and Middle Ring Road 2.**##Analysis##**Platinum Lake Condominium PV15 is increasingly sought after as the ideal home for the working population and families besides for investment purposes. The rental rates fetch decent prices while the sub-sale prices are fair for such a location.Parking is adequate and facilities are plentiful. It is safe, quiet, clean and well-maintained. Impressive wide avenues and religious buildings complete this areas viability as a satellite-city hub with prospects for property rental and capital investment growth.

Sales Transaction of Platinum Lake PV 15

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Price Comparison with Nearby Properties (UP to 50)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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Price Comparison with Nearby Properties

(Properties Within 1km)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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