Platinum Hill PV5, Taman Melati, Setapak

Platinum Hill PV5 is a freehold condominium located in Taman Melati, Setapak.The built-up available at this project is 1,272 sf. It was developed by Platinum Victory Development Sdn Bhd with a launch price of about RM141 psf, and was completed around 2006.

Platinum Victory Development Sdn Bhd is a big property development company held privately, and it has developed about 28 property projects in Malaysia. Other similar projects by the same developer are Platinum Hill PV2, Platinum Hill PV3, Platinum Hill PV6, Platinum Hill PV8, Platinum Lake PV15, Platinum Lake PV16, Platinum Lake PV20, Platinum Lake PV21, Platinum Suites and The Face.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,272 sf
Market Price
RM420,000
Density
-NA-
Completed In
2006
Launch Price
About RM141 psf

This condominium has many amenities nearby, i.e. schools, metro transport stations, hospitals and universities. The following are some of the main schools here:

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

The current rental yield of Platinum Hill PV5 is around 3.86%, compared to 4.62% a year ago in Q3 2020. The highest rental yield ever recorded was 5.1% in Q2 2012; while the lowest one was 3.67% in Q1 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Platinum Hill PV5 for sale listings:

DateTypeBuilt-upPrice
29 Nov 2021Condominium1,272 sfRM400,000
29 Nov 2021Condominium1,336 sfRM420,000
18 Nov 2021Condominium1,272 sfRM430,000
17 Nov 2021Condominium1,272 sfRM425,000
15 Nov 2021Condominium1,272 sfRM390,000
7 Nov 2021Condominium1,272 sfRM390,000
3 Nov 2021Condominium1,272 sfRM400,000
26 Oct 2021Condominium1,272 sfRM400,000
22 Oct 2021Condominium1,272 sfRM435,000
21 Oct 2021Condominium1,300 sfRM430,000

Latest Platinum Hill PV5 for rent listings:

DateTypeBuilt-upRental
TodayApartment Room-NA-RM350
8 Jan 2022Apartment Room-NA-RM550
22 Dec 2021Room-NA-RM460
15 Dec 2021Condominium1,242 sfRM1,600
11 Dec 2021Medium Room-NA-RM430
11 Dec 2021Condominium1,250 sfRM1,400
8 Dec 2021Condominium1,272 sfRM1,300
8 Dec 2021Condominium1,272 sfRM1,500
7 Dec 2021Apartment Room-NA-RM280
7 Dec 2021Condominium1,272 sfRM1,800
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