The development checks all the boxes for today’s urban dwellers.
Poised as not just a convenient home but also a lucrative investment opportunity
In today’s fast-paced urban landscape, the demand for homes that balance connectivity, comfort and community is on the rise. Jumping on that bandwagon is Platinum Melati Residences, the latest development by Platinum Victory. It is poised to deliver exactly that – an address where convenience and investment meet lifestyle plus quality.
With a gross development value (GDV) of RM500mil and unit prices ranging from RM677,500 to RM1,625,500, this 3.465-acre leasehold development in Kuala Lumpur positions itself as a residential and investment address.
Few addresses in Kuala Lumpur offer the level of connectivity that Platinum Melati Residences does. Situated in the established neighbourhood of Taman Melati, the project places residents within 800 metres of the Taman Melati LRT station – a short walk that links them directly to the city centre and outskirts.
Taman Melati is a mature residential enclave in Setapak, offering a mix of homes from landed to high-rise, established schools, parks, ample of eateries and daily conveniences for all walks of life.
For drivers, access is equally convenient with the Kuala Lumpur Middle Ring Road 2 (MRR2) and Setiawangsa–Pantai Expressway (SPE) just minutes away while the Terminal Bersepadu Gombak (TBG), located only 1.3km away, offers seamless interstate travel. TBG is a 24-hour integrated transportation hub for passengers travelling from the Northern, Southern as well as Eastern States of Peninsular Malaysia and is primed to be the major transport hub for the North-East sector of Greater Kuala Lumpur. TBG will offer seamless integration with the Gombak LRT Station and will also be the focal transit point for the East Coast Real Link (ECRL) as well as Rapid KL, taxi hub and buses.
The project’s location also shines as an academic hub, sitting only 1.1km from Tunku Abdul Rahman University of Management and Technology (TAR UMT). This proximity ensures a steady demand for rental housing from students, lecturers and staff, making Platinum Melati Residences an opportunity to deliver capital appreciation and sustainable rental yields.
The development checks all the boxes for today’s urban dwellers.
Lifestyle convenience is another cornerstone of Platinum Melati Residences as residents will also have easy access to other retail, dining and lifestyle options nearby, without the need to travel far.
Within a short radius are several shopping destinations, including KL East Mall, Setapak Central Mall and Platinum Victory’s very own The Palette @ Danau Kota. The Palette is a modern commercial hub in Setapak with over 110,000 sq ft of retail space featuring anchor tenants like AEON BiG, McDonald’s, F&B outlets, salons and convenience stores.
Healthcare needs are well supported with Columbia Asia Hospital Setapak and KPJ Tawakkal Specialist Hospital. Families will also appreciate the abundance of recreational options such as Danau Kota Lake, Tasik Sri Rampai, Titiwangsa Lake Gardens and even cultural attractions at the Istana Budaya. For nature and wildlife lovers, Zoo Negara is just a short drive away, offering wholesome weekend outings.
Versatile unit designs
One of the project’s most compelling features is its scalability and flexibility in living spaces. Platinum Melati Residences features 556 units across two towers ranging from 1,100 sq ft to 2,750 sq ft, with layouts offering four to ten bedrooms and two to six bathrooms. Additionally, each unit is allocated with at least two car parking spaces, allowing residents the convenience when it comes to owning multiple vehicles.
The emphasis on multi-bedroom configurations reflects forward planning, ensuring homes remain relevant to evolving family needs or co-living trends. This diverse product mix allows the project to serve a wide range of market segments. Young professionals have an ideal entry point into homeownership with 1,100 sq ft layouts offering four bedrooms and two bathrooms. These homes combine affordability with the benefits of nearby amenities and various commute options.
Growing families will value the mid-sized units, with layouts of 1,310 sq ft and 1,375 sq ft. These feature five bedrooms with two and three bathrooms respectively, offering extra bedrooms and generous living areas to comfortably accommodate their evolving needs.
These layouts cater to households that require more space as children grow older, making them highly desirable to families who want convenience without compromising on comfort.
For multi-generational households, which are increasingly common in Malaysia, the 2,199 sq ft units provide a practical and appealing option. These homes of nine bedrooms and five bathrooms allow multiple generations to live under one roof, with sufficient space to ensure privacy alongside shared family areas.
Investors are also well catered for, particularly those seeking opportunities in the co-living market. The 2,750 sq ft units with 10 bedrooms and six bathrooms present the possibility of renting out rooms to students. This flexibility enhances potential rental yields and aligns with modern housing trends that emphasise shared living arrangements while preserving individual privacy.
Amenities provided emphasise on lifestyle and community living.
Fostering community and lifestyle
Another standout feature is the development’s emphasis on lifestyle and community. Platinum Melati Residences is equipped with over 30 modern facilities thoughtfully zoned across Level G, Level 8 and Level 9. These include a swimming pool, gym, barbecue area, co-working space, playground and outdoor fitness area.
Keeping up with trends, the inclusion of co-working spaces is particularly forward-looking, reflecting the rise of remote and hybrid work models. It allows residents to balance work and leisure without leaving the comfort of their community. Families, on the other hand, are well-catered for with children’s play area, landscaped gardens and communal zones that encourage neighbourly interaction.
Strong investment potential
Given its clever positioning and modern offering, Platinum Melati Residences is well placed to deliver above-average yields compared with conventional condominium developments in the area. Taman Melati offers strong investment opportunities driven by factors such as excellent connectivity, student demographics driving rental demand and steady capital appreciation.
The strategic location near TAR UMT guarantees a steady pool of tenants, particularly students and young professionals while the transport connectivity enhances long-term growth potential as KL continues to expand westwards.
Meanwhile, the matured surroundings of eateries, shopping malls, healthcare centres and recreational spots add to its rental desirability. In short, investors benefit from both short-term rental demand and long-term capital growth.
In every sense, Platinum Melati Residences is more than just a residential project. It is a development that checks all the boxes for today’s urban dwellers. With its completion targeted for December 2029, this landmark development will stand out for its unrivalled connectivity, abundant conveniences, versatile living spaces, comprehensive amenities and strong investment appeal.
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