Platinum Hill PV6

Platinum Hill PV6 is adding to another collection to the Platinum Hill series by Platinum Victory. Sitting on freehold title, it is a luxury condominium building located in the Taman Melati / Setapak area. It was 100% sold out during launch.As you enter into Platinum Hill PV6, an impressive grand entrance lift lobby will cheerfully greet you. Platinum Victory does not seem to have spared any money, as each individual is rather spacious, with a generous built-up area of 1,328 to 1,384 sf. The units here are all 4 bedroom units, with a long, large balcony. All units are Satellite MATV ready, and come with 2 car parking bays. The area is a serene and tranquil environment, with breathtaking views of the landscaped lake and its lush, green surroundings.Although the facilities at Platinum Hill PV6 are what you would find in any other ordinary condominium building, the difference is the planned layout of this area. In between the gazebo and the swimming and wading pool area, there is 2 majestic lion with angel wings statue water features that sprouts out water into the swimming pool. There is also a children's playground, gymnasium, laundrette, mini market, multipurpose hall, car wash area, and CCTV. There is also a 24 hour security service complete with CCTV and card access.Platinum Hill PV6 is easily accessible via the DUKE Highway and the Middle Ring Road II (MRR2). Public transportation is also close by, with the Taman Melati RapidKL train station located within 500 metres of this condominium building. As it is connected by the MRR2, DUKE Highway as well as the LRT Station, Platinum Hill PV6 is located just several minutes away from Kuala Lumpur's Central Business District. Other township facilities near Platinum Hill PV6 include schools, a Surau, Masjid Salehuddin Al-Ayubi, banks, food and beverage outlets, golf courses, shopping malls, universities, and hospitals.

Property Details

Name: Platinum Hill PV6

Address: Jalan Melati Utama 4, Taman Melati Utama, Setapak, Kuala Lumpur

Developer: Platinum Victory

Completion Date: 2008

Type: Condominium

Tenure: Freehold

Built-up: 1,328 - 1,384 sf

Launch Price: From RM175,000 onwards

Facilities

Swimming pools

Wading pools

Children's playground

Extensive landscaping

Gymnasium

Launderette

Mini Market

Multi-Purpose hall

Car Wash area

Surau

Satellite MATV ready

CCTV

24-hour security service

Market Trends

Analysis

Platinum Hill PV6 is another luxurious condominium building by Platinum Victory. With an impressive entrance as well as a spacious living area, there is no doubt that the units are of satisfactory quality and an affordable price for any investor. For investors who wish to rent out a unit here, the catchment of tenants are middle to high income tenants, which is always good news.Platinum Hill PV6 is easily accessible via the MRR2, Duke Highway, as well as several LRT stations within 1 km radius for those who are more public transportation inclined. It is a very convenient area, and investors should be assured of good rental returns with the surrounding area having a variety of shops, golf courses, restaurants, banks, hospitals, colleges, schools, and universities. The universities close by are TAR College and UIAM. However, most importantly for the potential investor, these condominiums have good capital appreciation. The original launch price was around RM175,000 per unit, and in 2009 there was a transaction of RM360,000 for a unit.