Platinum Lake PV21, Jalan Genting Klang
Platinum Lake PV21 (also known as Residensi PV21) is a leasehold apartment located in Jalan Genting Klang, Setapak. There are 700 units available at this project with built-up from 900 sf to 1,325 sf. It was developed by Platinum Victory Development Sdn Bhd with a launch price of around RM380 psf, and was completed about 2016.
Platinum Victory Development Sdn Bhd is a large-sized real estate organization held privately, and it has undertaken around 20 real estate 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 PV16, Platinum Lake PV20, Platinum Suites and The Face.
This apartment has many amenities nearby, such as hospitals, universities and schools. The following are some of the major hospitals here:
- Columbia Asia Hospital Setapak
- Rampai Puteri Medical Centre
- Rampai Putri Medical Centre
As for universities, there are National Integrated College and Steno College Malaysia.
The current market prices for Platinum Lake PV21 are from RM390,000 to RM580,000 (about RM430 psf); while the monthly rentals are from RM1,300 to RM1,700 (about RM1.44 psf). The highest median price psf ever recorded was RM494 psf in Q3 2017; while the lowest one was RM380 psf in Q1 2014.
The current rental yield of Platinum Lake PV21 is around 4.02%, compared to 3.65% a year ago in Q2 2018. The highest rental yield ever recorded was 4.13% in Q4 2018; while the lowest one was 3.54% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Platinum Lake PV21 is 2-bedroom / 900 sf with a median price of RM430 psf. For price wise, the most expensive one is 3-bedroom / 1,040 sf with a median price of RM450 psf; while the cheapest one is 2-bedroom / 900 sf with a median price of RM430 psf.
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