Platinum Lake PV12, Danau Kota

Platinum Lake PV12 is a leasehold mixed apartment & commercial development located in Danau Kota, Jalan Genting Klang. There are 680 apartment units available at this project with built-up from 1,207 sf to 1,303 sf for apartment units. It was developed by Platinum Victory Development Sdn Bhd with a launch price at about RM270 psf for apartment units, and was completed in around 2008.

Platinum Victory Development Sdn Bhd is a medium-scale property development company held privately, and it has built about 16 property projects in Malaysia. Other similar projects by the same developer are Platinum Hill PV2, Platinum Hill PV3, Platinum Hill PV5, Platinum Lake PV10, Platinum Lake PV13, Platinum Lake PV15, Platinum Lake PV16, Platinum Lake PV20, Platinum Lake PV21 and Platinum Suites.

Property Type
Mixed Apartment & Commercial
Land Tenure
Leasehold
Built-up
1,207 sf - 1,303 sf (Apartment)
Market Price
RM430,000 - RM460,000 (Apartment)
Density
680 Apartments
Completed In
2008
Developer
Platinum Victory Development Sdn Bhd
Launch Price
RM270 psf (Apartment)

This mixed apartment & commercial development has many amenities nearby, e.g. hospitals, schools and universities.

The current market prices for Platinum Lake PV12 are from RM430,000 to RM460,000 (about RM360 psf) for apartment units; while the monthly rentals are from RMApartment:1600 to RMApartment:1700 (about RMApartment:1.33 psf). The highest median price psf ever recorded was RM430 psf in Q4 2016 (Apartment); while the lowest one was RM175 psf in Q4 2008 (Apartment).

The current rental yield of Platinum Lake PV12 is 4.47% for apartment units. The highest rental yield ever recorded was 5.26% in Q1 2011 (Apartment); while the lowest one was 3.81% in Q1 2015 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Platinum Lake PV12 for apartment units is 3-bedroom / 1,207 sf with a median price of RM360 psf. For price wise, the most expensive one is 3-bedroom / 1,207 sf with a median price of RM360 psf; while the cheapest one is 4-bedroom / 1,303 sf with a median price of RM350 psf.

Latest Platinum Lake PV12 for sale listings:

DateTypeBuilt-upPrice
12-Dec-18Condominium1,207 sfRM410,000
12-Dec-18Condominium-NA-RM410,000
11-Dec-18Condominium1,207 sfRM430,000
08-Dec-18Condominium1,207 sfRM425,000
12-Dec-18Condominium1,324 sfRM513,000
07-Dec-18Condominium1,272 sfRM400,000
07-Dec-18Condominium1,207 sfRM439,000
05-Dec-18Condominium1,207 sfRM420,000
05-Dec-18Condominium1,207 sfRM460,000
05-Dec-18Condominium1,207 sfRM439,000

Latest Platinum Lake PV12 for rent listings:

DateTypeBuilt-upRental
TodayCondominium969 sfRM1,599
11-Dec-18Condominium1,383 sfRM1,600
11-Dec-18Room In Apartment-NA-RM500
10-Dec-18Room In Apartment-NA-RM500
10-Dec-18Room In Apartment-NA-RM500
10-Dec-18Condominium1,207 sfRM1,600
10-Dec-18Room In House-NA-RM450
09-Dec-18Condominium1,207 sfRM1,500
08-Dec-18Condominium1,313 sfRM1,600
08-Dec-18Condominium1,288 sfRM1,499