Platinum Hill PV 2
About this project
Residents get to enjoy a full range of amenities available in the matured Setapak neighbourhood. They include commercial areas, food and beverage outlets, banks, colleges such as Tunku Abdul Rahman University College (TARUC), schools like SMK Taman Melati, a police station, a fire station, hospitals, clinics and many more. The condominium is located off the Middle Ring Road 2 (MRR2), which make traveling to and from Kuala Lumpur city centre, Ampang and Gombak a breeze. Besides that, the project is a stone’s throw away from public transportation, being a mere 1km away from Rapid KL bus station and 1.5km away from Taman Melati LRT Station. The vantage position also allows residents to enjoy the Kuala Lumpur skyline. Analysis
PV2 is a short walking distance from PV5, PV6 and PV8, which are the main contributors to the area’s vibrancy. Being the 11th project puts PV2 as the direct benefit of the established area, which used to be languid due to low population and lack of accessibility. Just like the other PV series projects by the developer in Setapak, PV2 enjoyed a good take-up and stable tenant resources from the nearby TARUC, which is located a mere 2km away from the site. However, there are only two access roads serving about 3,000 units in the vicinity. Therefore traffic and roadside parking may pose a challenge.
Facilities & Amenities
24-hour Security- Car Park
- Swimming Pool
- Fitness Centre
- Park and Garden
- Banquet Hall
- Mosque/Surau
Location
Past Transactions
| Transaction Date | Address | Building Type | Floors | Lot Size | Price Psf | Price |
|---|
Check out all transactions.
Historical Monthly Price Range & Volume
Profitability
Profitable Transactions (Limited to 5 Total of 2 Transactions)
| Bought On | Sold On | Area (sqft) | Sale Price (RM sqft) | Buy Price(RM sqft) | Profit (RM) | Growth (%) |
|---|---|---|---|---|---|---|
| 03 Nov 11 | 27 Mar 17 | 1,324 ft² | 444 | 247 | 227,000 | 9.5 |
| 10 Apr 13 | 27 May 13 | 1,604 ft² | 418 | 399 | 90,000 | 206.6 |
Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.
Unprofitable Transactions (Limited to 5 Total of 2 Transactions)
| Bought On | Sold On | Area (sqft) | Sale Price (RM sqft) | Buy Price(RM sqft) | Profit (RM) | Growth (%) |
|---|---|---|---|---|---|---|
| 06 Dec 13 | 01 Jul 19 | 1,324 ft² | 347 | 446 | -130000 | -4.4 |
| 08 Oct 13 | 08 Dec 13 | 1,324 ft² | 423 | 426 | - | - |
Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.
Affordability
- Down Payment (10%)RM 0
- Loan Amount (%)RM 0
- Tenure Years0 Years
- Interest Rate0%
- Loan Amount 90%
- Down Payment 10%
RM 0±
Mortgage Provided by Hong Leong Bank
RM 0 ±
RM 0 psf (0 sq ft)
RM 0±
Disclaimer
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