Platinum III, Teluk Kumbar Heights

Platinum III (also known as Platinum 3) is a freehold condominium located in Teluk Kumbar Heights, Teluk Kumbar. There are 357 units available at this project with built-up from 1,230 sf to 1,330 sf. It was developed by TPPT Sdn Bhd with a launch price of around RM340 psf, and was completed about 2015.

TPPT Sdn Bhd is a mid-sized real estate organization held privately, and it has undertaken around 13 real estate projects in Malaysia. Other similar projects by the same developer are Akasia, Bayu Villas, Desa Titi Panjang, Embun Residence, Manja, PG88, Pangsapuri Zamrud, Sri Kasih, Taman Puncak Saujana and Teluk Kumbar Heights.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,230 sf - 1,330 sf
Market Price
RM500,000 - RM550,000
Density
357 Units
Completed In
2015
Developer
Launch Price
About RM340 psf

The only amenities nearby this condominium are some schools. Some of the schools here are Religious School Ridwaniah, SMK Bayan Lepas, SMK Telok Kumbar and SMK Teluk Kumbar.

The current rental yield of Platinum III is around 2.95%, compared to 2.76% a year ago in Q4 2020. The highest rental yield ever recorded was 3.23% in Q4 2019; while the lowest one was 2.19% in Q4 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 III is 3-bedroom / 1,230 sf with a median price of RM410 psf. For price wise, the most expensive one is 3-bedroom / 1,330 sf with a median price of RM410 psf; while the cheapest one is 3-bedroom / 1,230 sf with a median price of RM410 psf.

Latest Platinum III for sale listings:

DateTypeBuilt-upPrice
8 Jan 2022Condominium1,230 sfRM550,000
14 Dec 2021Condominium1,239 sfRM488,000
15 Dec 2021Condominium1,239 sfRM488,000
15 Dec 2021Condominium1,230 sfRM530,000
10 Dec 2021Condominium1,250 sfRM490,000
9 Dec 2021Condominium1,250 sfRM490,000
9 Dec 2021Condominium1,250 sfRM499,000
9 Dec 2021Condominium1,230 sfRM490,000
8 Dec 2021Condominium1,250 sfRM510,000
2 Dec 2021Condominium1,320 sfRM500,000

Latest Platinum III for rent listings:

DateTypeBuilt-upRental
17 Dec 2021Condominium1,330 sfRM1,300
30 Nov 2021Condominium1,300 sfRM1,450
13 Nov 2021Apartment Room-NA-RM300
9 Nov 2021Condominium1,320 sfRM1,000
1 Nov 2021Condominium1,330 sfRM1,850
4 Nov 2021Condominium1,300 sfRM1,400
3 Nov 2021Condominium1,400 sfRM1,500
3 Nov 2021Condominium1,400 sfRM1,400
21 Oct 2021Condominium1,320 sfRM1,200
20 Oct 2021Condominium1,330 sfRM1,350
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