PV9 Residences, Taman Melati, Setapak

PV9 Residences (also known as Residensi PV9) is a freehold condominium that is located in Taman Melati, Setapak. It comprises Vista Wirajaya 2.

There are 1,391 units available at this condominium with built-up from 1,000 sf to 1,300 sf. It was developed by Radium Development Bhd (aka Platinum Victory) with a launch price at about RM520 psf, and was completed in about 2022.

Radium Development Bhd (aka Platinum Victory) is a large-scale property developer listed on Bursa Malaysia, and it has built about 34 property projects in Malaysia. Other similar projects by the same developer are PV18 Residences, Platinum Hill PV2, 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
1,000 sf - 1,300 sf
Market Price
RM590,000 - RM730,000
Total Units
1,391 Units
Completion Date
2022
Launch Price
About RM520 psf

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

The current rental yield of PV9 Residences is around 4.71%, compared to 4.38% a year ago in Q2 2023. The highest rental yield ever recorded was 5.2% in Q4 2023; while the lowest one was 4.14% in Q1 2023. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at PV9 Residences is 3-bedroom / 1,000 sf with a median price of RM590 psf. For price wise, the most expensive one is 3-bedroom / 1,100 sf with a median price of RM590 psf; while the cheapest one is 4-bedroom / 1,100 sf with a median price of RM550 psf.

Latest PV9 Residences sale listings:

DateProperty TypeBuilt-upPrice
13 Jun 2024Condominium1,300 sfRM750,000
16 May 2024Condominium1,000 sfRM565,000
8 Apr 2024Condominium1,000 sfRM550,000
7 Jan 2024Condominium1,000 sfRM585,000
20 Dec 2023Condominium1,000 sfRM590,000
11 Dec 2023Condominium1,000 sfRM600,000
12 Oct 2023Condominium1,000 sfRM615,000
4 Oct 2023Condominium1,300 sfRM690,000
21 Aug 2023Condominium1,100 sfRM600,000
28 Aug 2023Condominium1,000 sfRM560,000

Latest PV9 Residences rental listings:

DateProperty TypeBuilt-upRental
TodayMaster Room-NA-RM1,100
TodayMaster Room-NA-RM1,100
TodayMedium Room-NA-RM800
TodayStudio-NA-RM900
TodayMaster Room-NA-RM1,100
YesterdaySingle Room-NA-RM650
22 Sep 2024Master Room-NA-RM1,100
22 Sep 2024Condominium1,000 sfRM2,200
27 Sep 2024Condominium1,300 sfRM700
27 Sep 2024Condominium1,300 sfRM700
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