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 Radium Development Bhd (aka Platinum Victory) with a launch price of about RM560 psf for condominium units, and was completed in about Apr 2022.

Radium Development Bhd (aka Platinum Victory) is a large-scale property developer listed on Bursa Malaysia, and it has developed about 34 property projects in Malaysia. Other similar projects by the same developer are PV9 Residences, Platinum Hill PV2, Platinum Lake PV10, Platinum Lake PV12, Platinum Lake PV13, 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, universities and hospitals. The following are some of the main schools here:

• Makmal Komputer SK Petaling 2
• SJK (T) Saraswathy
• SK Petaling 1 & 2
• SMK Dharma
• SMK Petaling
• SR Sathya Sai

As for transit stations, there are Komuter Jalan Templer and Komuter Petaling. There are also some universities here, for example Karisma International College and Newton International College Kuala Lumpur Malaysia.

The current rental yield of Platinum Arena is 4.55% for condominium units. The highest rental yield ever recorded was 5.23% in Q2 2023 (condominium); while the lowest one was 4.55% in Q2 2024 (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 RM470 psf.