Platinum Lake Condominium PV 15

  • Property Type
    Condominium/Apartment
  • Tenure
    Leasehold
  • Street Name
    Jalan Danau Saujana Off Jalan Genting Klang
  • District / Planning Area
    Setapak
  • Completion
    2012
About Platinum Lake Condominium PV 15

Standing prominently at the nerve centre of Setapak is Platinum Lake Condominium PV15, a solid L-shaped block of medium density apartments. It’s a mirror image of PV16, next to it, and has a four-level podium of recreational facilities and indoor car park. PV15, developed by Platinum Victory Development, has sister developments surrounding it like condominiums PV10, PV12, PV13, PV16 and so on. A number of PV15’s units face the serene view of Danau Kota Lake just opposite it. PV15’s proximity to some vibrant commercial centres makes it a ‘convenience freak’s haven’. Its prime location at the Jalan 3/23d and Jalan Danau Saujana junction positions it only a minute’s walk from Plaza Crystalville and Platinum Mondrian PV128, as well as Columbia Hospital. Many Japanese, Korean, Malaysian and Western restaurants are within mere minutes’ walking distance. Shopping and services are aplenty, catering to every whim and fancy of the thriving neighbourhood. Tasik Danau Lake is within 4 minutes’ walk, Mydin Hypermarket within 6 minutes, and Prima-Setapak and Star-Parc business hubs within 10 minutes. Danau Kota National, Danau Kota Secondary, Danau Kota 2 Primary, Sekolah Rendah (A) Setapak, Mun Yee Chinese and Chong Hwa Secondary schools are all merely 3 to 10 minutes walk away. UNITAR, KL-Metropolitan College, Setapak Vocational College and many other academic-related sites are in the vicinity too. Tesco, Jaya Jusco, Parkson and Giant also add to this location’s vibrant commercial-dom. In addition, KLCC is within 15 minutes’ drive, along with numerous adjacent amenities, facilities and services. Government services like JPJ, clinic and training centres are near with public transportations such as RapidKL-LRT Wangsa Maju and Star-LRT Danau Kota being close by too. Buses, TARC school bus and taxis ply through this area constantly. Accessibility is well-facilitated by Jalan Genting Klang, the Duta-Ulu Klang Expressway (DUKE), Jalan Gombak and Middle Ring Road 2. Platinum Lake Condominium PV15 is increasingly sought after as the ideal home for the working population and families besides for investment purposes. The rental rates fetch decent prices while the sub-sale prices are fair for such a location. Parking is adequate and facilities are plentiful. It is safe, quiet, clean and well-maintained. Impressive wide avenues and religious buildings complete this area’s viability as a satellite-city hub with prospects for property rental and capital investment growth.

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Profitable Transactions (Limited to 5 Total of 2 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
10 Nov 1402 May 171,475 ft²39537628,0002
02 Jan 1511 Nov 151,324 ft²46144027,0005.4

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 OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
21 Feb 1313 Aug 181,496 ft²334334--
10 Jun 1604 Dec 171,324 ft²340340--

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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