Platinum Hill PV5, Taman Melati, Setapak

Platinum Hill PV5 is a freehold condominium that is located in Taman Melati, Setapak. The built-up available at this condominium is 1,270 sf to 1,272 sf. It was developed by Radium Development Bhd (aka Platinum Victory) with a launch price of about RM141 psf, and was completed around 2006.

Radium Development Bhd (aka Platinum Victory) is a big property developer listed on Bursa Malaysia, and it has developed about 34 property projects in Malaysia. Other similar projects by the same developer are PV18 Residences, PV9 Residences, Platinum Hill PV2, Platinum Hill PV3, Platinum Lake PV15, Platinum Lake PV16, Platinum Lake PV20, Platinum Lake PV21, Platinum OUG Residence and Platinum Splendor.

This condominium has some amenities nearby, i.e. schools, transit stations and universities. The following are some main schools here:

• SK Taman Melati
• SMK Taman Melati

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

The current rental yield of Platinum Hill PV5 is around 4.5%, compared to 5.25% 2 years ago in Q3 2022. The highest rental yield ever recorded was 5.25% in Q3 2022; while the lowest one was 3.49% 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 PV5 is 4-bedroom / 1,272 sf with a median price of RM320 psf. For price wise, the most expensive one is Studio / 1,270 sf with a median price of RM330 psf; while the cheapest one is 4-bedroom / 1,270 sf with a median price of RM320 psf.

Latest Platinum Hill PV5 sale listings:

Latest Platinum Hill PV5 rental listings: