Platinum Arena, Old Klang Road
Platinum Arena is a leasehold mixed condominium & retail development that is located in Old Klang Road, Kuala Lumpur. There are 728 condominium units and 36 retail units available at this condominium with built-up from 650 sf to 1,028 sf for condominium units. It was developed by Platinum Victory Development Sdn Bhd with a launch price of about RM560 psf for condominium units, and was completed in about Apr 2022.
Platinum Victory Development Sdn Bhd is a privately held large-scale property development company, and it has developed about 29 property projects in Malaysia. Other similar projects by the same developer are Platinum Hill PV2, Platinum Lake PV10, Platinum Lake PV12, Platinum Lake PV13, Platinum Lake PV15, Platinum Lake PV16, Platinum Lake PV20, Platinum Lake PV21, Platinum OUG Residence and Platinum Splendor.
This mixed condominium & retail development has some amenities nearby, i.e. schools, transit stations, hospitals and universities. The following are some of the main schools here:
- Mighty Bee Primary School Daycare
- SJK (T) Saraswathy
- SMK Dharma
- SMK Petaling
- SR Sathya Sai
The current rental yield of Platinum Arena is 5.06% for condominium units. The highest rental yield ever recorded was 5.23% in Q2 2023 (condominium); while the lowest one was 5.06% in Q4 2023 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Platinum Arena for condominium units is 3-bedroom / 907 sf with a median price of RM610 psf. For price wise, the most expensive one is 3-bedroom / 908 sf with a median price of RM610 psf; while the cheapest one is 4-bedroom / 1,000 sf with a median price of RM580 psf.
Latest Platinum Arena sale listings:
|24 Nov 2023||Condominium||1,012 sf||RM473,000|
|19 Nov 2023||Condominium||1,012 sf||RM473,850|
|9 Nov 2023||Condominium||1,012 sf||RM526,000|
|28 Oct 2023||Condominium||1,011 sf||RM497,300|
|19 Oct 2023||Condominium||650 sf||RM395,000|
|27 Sep 2023||Condominium||907 sf||RM545,000|
|27 Sep 2023||Condominium||1,008 sf||RM600,000|
Latest Platinum Arena rental listings: