Platinum Hill PV 8

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Jalan Melati Utama 2, Taman Melati
  • District / Planning Area
    Setapak
  • Completion
    2010
About Platinum Hill PV 8

Platinum Hill PV 8 is a freehold non-landed project situated in the neighbourhood of Setapak in Kuala Lumpur. It is surrounded by several well-known developments such as Melati Utama condominium, Kenari Apartment (Taman Melati), Taman Melati Townhouse and also near to KL East project by Sime Darby. Platinum Hill PV 8 was developed by Platinum Victory Development. In total, there are two blocks of building with 600 units. The built-up space is ranging from 1,550 sq. ft. to 1,800 sq. ft. Facilities at this condo includes 24-hour security, car park, swimming pool, playground, park & garden, gymnasium, cafe, nursery, mini market, reading room and also surrounded by a lot of shop lot, mini market and eateries. It also sitting next to Taman melati primary and Secondary school and Tuanku Abdul Rahman University College Kuala Lumpur (TAR College). This project, located next to Jalan Lingkaran Tengah 2 (MRR2), which make it easily accessible via several other major roads such as DUKE Expressway, Jalan Ampang, Jalan Genting Kelang and Jalan Setapak.

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Profitable Transactions (Limited to 5 Total of 33 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
10 Oct 1121 May 193,606 ft²347236400,0005.2
20 Jun 0603 Oct 181,389 ft²382170314,0007.6
05 Jul 1013 Aug 181,561 ft²391256210,0005.3
08 Nov 1028 Jun 181,615 ft²359261162,0004.4
31 Oct 1202 May 181,561 ft²644372425,00010.5

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. In addition, there are 28 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 4 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
17 Aug 0903 Jul 191,615 ft²213215-1000-
18 Jun 1330 Dec 152,099 ft²375388-27000-1.3
28 Jun 1231 Oct 121,561 ft²372244-300000-70.4
12 Jun 0821 Jan 091,561 ft²210211-2000-1

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.

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