The Face, Platinum Suites
The Face (also known as The Face Suites) is a freehold apartment located in Platinum Suites, KLCC.The built-up available at this project is 850 sf to 1,325 sf. It was developed by Platinum Victory Development Sdn Bhd.
Platinum Victory Development Sdn Bhd is a big-scale real estate organization held privately, and it has constructed 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 Lake PV21 and Platinum Suites.
This apartment has many amenities nearby, for example universities, metro transport stations, hospitals and schools. The following are some main universities here:
- Erican College (KLCC Campus)
- Federation University Australia Malaysia
- Institute Of Research And Postgraduate Studies Universiti KL City Campus
- KL Metropolitan University College
- Premier College
- Queens College KL
- The Regency College
- Universiti KL
- University Of Wolverhampton
- Yes International College (fka Yes Academy)
As for metro transport stations, there are LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital, Specialist Hospital Al Islam and Twin Towers Medical Center.
Lastly, the schools here are French Culinary School In Asia, SMK Convent Bukit Nanas and SMK Puteri Wilayah.
The current market prices for The Face are from RM1,240,000 to RM2,190,000 (about RM1,460 psf); while the monthly rentals are from RM4,200 to RM5,500 (about RM4.72 psf). The highest median price psf ever recorded was RM1,532 psf in Q2 2018; while the lowest one was RM1,200 psf in Q3 2011.
The current rental yield of The Face is around 4.13%, compared to 3.96% a year ago in Q2 2018. The highest rental yield ever recorded was 4.32% in Q1 2019; while the lowest one was 2.71% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Face is 1-bedroom / 850 sf with a median price of RM1,460 psf. For price wise, the most expensive one is 2-bedroom / 1,325 sf with a median price of RM1,650 psf; while the cheapest one is 1-bedroom / 850 sf with a median price of RM1,460 psf.
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