Danau Kota

Danau Kota (also known as Platinum Lake City) is a matured and fast-growing leasehold township situated in Setapak, Kuala Lumpur. The area is formerly a mining site which is the reason it is called 'Danau'. It is within close vicinity to other residential zones such as Taman Setapak, Taman Ibu Kota and Taman Setapak Indah.Danau Kota comprises of terrace houses, condominiums, apartment flats and shop-offices. 1-storey terrace houses have land area of 22' x 80' with 3 bedrooms and 2 bathrooms. 2-storey terrace houses in turn have built-up area of 1,400 sf with 3 bedrooms and 3 bathrooms. There are several condominiums located within Danau Kota, namely Platinum Lake PV10, Platinum Lake PV12 and Platinum Lake PV13. There is also an apartment named Langkawi Apartment. Flat apartments have built-up area of approximately 600 sf with a regular unit consisting of 3 bedrooms and 1 bathroom whereas shop-offices mostly have built-up areas ranging from 1,540 sf to 5,000 sf.Danau Kota is filled with amenities particularly along Jalan Genting Kelang. Residents and neighboring residential areas can enjoy an abundance of amenities at the shop lots area along Jalan Genting Kelang. Residents are spoilt for choice over the wide selection of restaurants, workshops, petrol stations and more all located within a stone's throw away from the many shopping malls and commercial centers within the area itself such as Platinum Mondrian, Plaza Crystalville, KL Festival City and StarParc Point. Basic amenities such as hospitals and clinics are also within close proximity, for example, Hospital Danau Kota and the also Columbia Asia Hospital. There is also a police station within the enclave, Balai Polis Setapak. Setapak Golf Range is also located in the vicinity. Apart from the basic amenities, there are also quite a number of schools sited within the vicinity such as SK Danau Kota 2, Sekolah Rendah Agama Taman Ibu Kota, SJK(C) Mun Yee, SK Danau Kota and more; all strategically spread amongst the many residential areas within the enclave.Danau Kota is easily accessible via Jalan Genting Kelang and also Duta-Ulu Kelang Expressway (DUKE). There is Wangsa Maju RapidKL LRT Station situated near the residential zones for the convenience of the residents nearby.

Property Details

Name: Danau Kota (also known as Platinum Lake City)

Address: Setapak, 53300, Kuala Lumpur

Type: Terrace House, Condominium, & Shop-Office

Tenure: Leasehold

No. of Storey

Terrace: 1 & 2

No. of Bedrooms

1-Storey Terrace: 3

2-Storey Terrace: 3

Flat: 3

No. of Bathrooms

1-Storey Terrace: 2

2-Storey Terrace: 3

Flat: 1

Land Area

1-Storey Terrace: 22' x 80' sf

Built-up

2-Storey Terrace: 1,400 sf

Flat: 600 sf

Shop: 1,540 sf - 5,000 sf

Subsale Price

1-Storey Terrace: From RM440,000

2-Storey Terrace: From RM608,000

Flat: From RM80,000

Shop: From RM2,500,000

Rental

1-Storey Terrace: From RM1,500

2-Storey Terrace: From RM1,700

Flat: From RM550

Shop: From RM2,500

Market Trends

Analysis

Danau Kota has been developing rapidly over the years. The development of the many malls and residential development has definitely place Setapak or more specifically the enclave on the map and with the many on-going projects such as Columbia Asia Hospital, Tesco and also Parkson, property values around the area is expected to increase in the coming years. Danau Kota is now a densely populated residential and commercial zone and is also one of the crime hotspots now and residents are not happy with this. Apart from the social crimes, traffic congestion along the main road which is Jalan Genting Kelang has not been resolved over the years and now, with the increasing development along this busy road, traffic congestion has gone from bad to worse.