Platinum Lake PV16 is an exclusive condominium developed by the renowned Platinum Victory, located in the vicinity of Setapak. This 2 tower leasehold development is the phase 4 and 5 of the Platinum Lake project, which has numerous other phases as well. Each of the blocks have 25 storey each with built-up ranging between 1,313 sf to 1,646 sf. This phase was launched at RM295,000 and after completion in Q2 2013, the current asking price of this property has increased to RM550,000. The rental value per month for an unfurnished unit can gross up to RM1,700.Platinum Lake PV16 comes with 4 layouts in total. Type A is a 1,646 sf unit with 3 bedrooms and 2 bathrooms; Type A1 is a 1,450 sf unit with 3 bedrooms and 2 bathrooms; Type B is a 1,313 sf unit with 3 bedrooms and 2 bathrooms; Meanwhile, Type B1 is a 4 bedrooms and 2 bathrooms unit which has a built-up of 1,313 sf. Among the facilities available at this development for the tenants are covered parking, swimming pool, wading pool, clubhouse, gymnasium, children's playground, 24-hour security, BBQ area, covered parking, jacuzzi, jogging track, tennis court, squash court, mini market, nursery, salon, sauna and cafeteria.In terms of amenities, Platinum Lake PV16 is also located closely to Jusco, Carrefour, Parkson, Columbia Asia Hospital, Tesco, Giant, Uptown Danau Kota, Tawakal Hospital, KL Hospital, Festival Mall, Platinum Mondrian PV128 and Plaza Crystalville. TAR College and UTAR is only located 2 km away from this residence. Public transportation is also available since LRT Wangsa Maju and LRT Melati Utama is located quite closely. This residence is also linked to other places via Jalan Genting Kelang, Middle Ring Road 2 (MRR2), DUKE Highway and Karak Highway.
Property Details
Name: Platinum Lake PV16 Address: No. 2, Jalan Danau Saujana Setapak, 53300 Kuala Lumpur Developer: Platinum Victory Completion Date: 2013 Type: Condominium Tenure: Leasehold No. of Blocks: 2 No. of Storey: 25 Built-up: 1,313 - 1,646 sf Launch Price: From RM295,000 Subsale Price: Rental: Layouts
Type A (1,646 sf) 3 rooms + 2 baths Type A1 (1,450 sf) 3 rooms + 2 baths Type B (1,313 sf) 3 rooms + 2 baths Type B1 (1,313 sf) 4 rooms + 2 bathsFacilities
Covered parking Swimming pool Wading pool Clubhouse Gymnasium Children's playground 24-hour security BBQ area Covered parking Jacuzzi Jogging Track Tennis & squash court Mini Market Nursery Salon Sauna CafeteriaAnalysis
Platinum Lake PV16 is a project of Platinum Victory as a part of Platinum Lake project. Being in this industry for almost 12 years, this renowned developer had also launched Platinum Lake PV13, Platinum Lake PV12, Platinum Lake PV15, Platinum Hill PV2, Platinum Walk, Platinum Suites, Platinum Mondrian PV128, Platinum Hill PV8, Platinum Hill PV3, Platinum PV128 and Putatan Platinum Apartment. Platinum Lake PV16 was successfully completed in the middle of 2013.As for now, all units in Platinum Lake PV16 (phase 4 and 5) are fully sold out as the buyers know the value of the property. The property was launched few years back and by the time the development was completed this year, the price has already doubled. Even the rental value is quite high as a fully furnished unit can be rented up to RM3,500 per month. This is due to the strategic location of the property located in the city centre. The buyers who invested in this property earlier had really made a good move as they have already got more than what they bargained for.
