Platinum Lake PV16, Danau Kota

Platinum Lake PV16 is a leasehold apartment located in Danau Kota, Jalan Genting Klang.The built-up available at this project is 1,313 sf to 1,450 sf. It was developed by Platinum Victory Development Sdn Bhd with a launch price of about RM224 psf, and was completed around 2013.

Platinum Victory Development Sdn Bhd is a big-sized property development company held privately, and it has developed about 20 property projects in Malaysia. Other similar projects by the same developer are Platinum Hill PV2, Platinum Hill PV3, Platinum Hill PV5, Platinum Hill PV6, Platinum Hill PV8, Platinum Lake PV15, Platinum Lake PV20, Platinum Lake PV21, Platinum Suites and The Face.

Property Type
Land Tenure
1,313 sf - 1,450 sf
Market Price
RM500,000 - RM540,000
Completed In
Launch Price
About RM224 psf

This apartment has many amenities nearby, i.e. hospitals, schools and universities.

The current market prices for Platinum Lake PV16 are from RM500,000 to RM540,000 (about RM380 psf); while the monthly rentals are from RM2,000 to RM2,100 (about RM1.52 psf). The highest median price psf ever recorded was RM461 psf in Q1 2015; while the lowest one was RM237 psf in Q4 2010.

The current rental yield of Platinum Lake PV16 is around 5.04%, compared to 4.47% a year ago in Q3 2018. The highest rental yield ever recorded was 5.04% in Q3 2019; while the lowest one was 3.52% in Q2 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Platinum Lake PV16 is 4-bedroom / 1,313 sf with a median price of RM380 psf. For price wise, the most expensive one is 4-bedroom / 1,313 sf with a median price of RM380 psf; while the cheapest one is 3-bedroom / 1,450 sf with a median price of RM370 psf.

Latest Platinum Lake PV16 for sale listings:

15-Aug-19Condominium1,425 sfRM478,000
15-Aug-19Condominium1,425 sfRM488,000
13-Aug-19Condominium1,400 sfRM480,000
13-Aug-19Condominium1,313 sfRM505,000
12-Aug-19Condominium1,450 sfRM480,000
11-Aug-19Condominium1,313 sfRM530,000
18-Jul-19Condominium1,450 sfRM530,000
16-Jul-19Condominium1,313 sfRM520,000
08-Jul-19Condominium1,313 sfRM500,000
08-Jul-19Condominium1,313 sfRM495,000

Latest Platinum Lake PV16 for rent listings:

TodayCondominium1,313 sfRM2,000
TodayRoom In Apartment-NA-RM650
YesterdayRoom In Apartment-NA-RM440
YesterdayRoom In Apartment-NA-RM700
YesterdayRoom In Apartment-NA-RM500
YesterdayCondominium1,350 sfRM1,999
YesterdayCondominium1,313 sfRM2,000
YesterdayCondominium1,335 sfRM1,998
13-Aug-19Room In Apartment-NA-RM500
11-Aug-19Room In Apartment-NA-RM200

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