Platinum Hill PV2, Taman Melati, Setapak

Platinum Hill PV2 is a freehold condominium that is located in Taman Melati, Setapak. There are 700 units available at this condominium with built-up from 1,313 sf to 2,626 sf. It was developed by Radium Development Bhd (aka Platinum Victory) with a launch price at around RM300 psf, and was completed in about 2013.

Radium Development Bhd (aka Platinum Victory) is a big-scale real estate company listed on KLSE, and it has constructed around 34 real estate projects in Malaysia. Other similar projects by the same developer are PV18 Residences, PV9 Residences, Platinum Hill PV3, Platinum Hill PV5, Platinum Lake PV15, Platinum Lake PV16, Platinum Lake PV20, Platinum Lake PV21, Platinum OUG Residence and Platinum Splendor.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,313 sf - 2,626 sf
Market Price
RM490,000 - RM1,100,000
Total Units
700 Units
Completion Date
2013
Launch Price
About RM300 psf

This condominium has some amenities nearby, for example, schools and transit stations. The following are some of the main schools here:

As for transit stations, there are LRT Gombak and LRT Taman Melati.

The current rental yield of Platinum Hill PV2 is around 4.25%, compared to 3.81% a year ago in Q1 2023. The highest rental yield ever recorded was 4.8% in Q2 2023; while the lowest one was 3.64% in Q1 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Platinum Hill PV2 is 3-bedroom / 1,313 sf with a median price of RM370 psf. For price wise, the most expensive one is 5-bedroom / 2,626 sf with a median price of RM420 psf; while the cheapest one is 3-bedroom / 1,313 sf with a median price of RM370 psf.

Latest Platinum Hill PV2 sale listings:

DateProperty TypeBuilt-upPrice
13 Sep 2024Condominium1,313 sfRM490,000
20 Sep 2024Condominium1,313 sfRM465,000
6 Sep 2024Condominium1,313 sfRM470,000
28 Aug 2024Condominium1,500 sfRM500,000
28 Aug 2024Condominium1,500 sfRM550,000
22 Aug 2024Condominium1,313 sfRM465,000
19 Aug 2024Condominium2,666 sfRM1,200,000
15 Aug 2024Condominium1,930 sfRM680,000
2 Aug 2024Condominium1,313 sfRM520,000
25 Jul 2024Condominium1,313 sfRM480,000

Latest Platinum Hill PV2 rental listings:

DateProperty TypeBuilt-upRental
2 Sep 2024Medium Room-NA-RM450
26 Jul 2024Apartment Room-NA-RM480
24 Jul 2024Master Room-NA-RM700
23 Jul 2024Apartment Room-NA-RM450
17 Jul 2024Single Room-NA-RM500
15 Jul 2024Single Room-NA-RM450
25 Jun 2024Condominium1,500 sfRM1,800
21 Jun 2024Master Room-NA-RM600
21 Jun 2024Condominium1,500 sfRM1,799
21 Jun 2024Condominium1,500 sfRM1,800
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