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Platinum Arena

Serviced Residence
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Details:

Developer

Developer of Platinum Arena, Platinum Victory Group Sdn. Bhd.
Platinum Victory Group Sdn. Bhd.
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Chinese ad 4621 326x150 01

Facilities

Swimming Pool
Wading Pool
Kids Swimming Pool
Outdoor Fitness Zone
Sports Hall
Child's Playroom
Playground
Outdoor Gym
Canopy Walk
Games Room
Multipurpose Hall
AV Room
BBQ Area
Yoga Deck
Dance Studio
Yoga Studio
Sky Lounge
Library

Property Details

2022 Apr
(Year of Completion)
This project was completed 2 years ago
From RM344,500
RM0.33psf
Built Up
650 SQ. FT - 1,008 SQ. FT
Land Title
Tenure
Leasehold
Total Blocks
2
Total Storeys
36
Total Units
728

Description

Platinum Arena is Platinum Victory’s newest offering within the lively neighbourhood of Old Klang Road, appended to a 36-unit commercial block.

Touted as a coveted serviced apartment, its unique infrastructure is based on an overarching sports theme with a design spurring from the development’s location, adjacent to the Sentosa Sports Arena.

Aimed at encouraging residents to practice an active lifestyle, both the towers featured are artfully dubbed Armstrong and Boris, a tribute to former American cyclist Lance Armstrong and German tennis star Boris Becker.

The project is a 2.9-acre leasehold mixed-development, with an estimated gross development value (GDV) of RM421 million.

Platinum Arena consists of 728 individual homes encased within two 36-storey blocks, with built-ups sized between 660sq ft to 1,028 sq ft with a maintenance fee of RM0.33 including sinking fund.

Platinum Arena offers a build-before-sell strategy which sets it apart from the current sales norm in the property market, as buyers will be able to view before they own and save on loan interest during construction period.

This property may boosts the confidence of buyers and investors in the project upfront stage that are more willing to purchase a property that is nearing completion.

Piling work had commenced in the first quarter of 2019 and the project is slated for completion in 2021.

Platinum Arena’s concept provides the perfect recipe to unwind, boasting an attractive list of recreational facilities fit for couples, young families and those working close to the city centre.

Facilities include a gym, swimming pool, viewing deck, sports hall for basketball and badminton, playground, canopy walk, dance studio, yoga deck, rooftop garden, sky lounge, library, BBQ area, games and AV rooms. Other amenities include a nursery and kindergarten.

Residents can easily get around with ease by public transport such as KTM Petaling, KTM Jalan Templer and KTM Kg. Dato Harun. Furthermore, this strategic location can be accessed from multiple highways – New Pantai Expressway (NPE), East-West Link Expressway, Shah Alam Expressway (KESAS) and Damansara-Puchong Expressway (LDP).

As for nature attractions, Bukit Gasing Forest Reserve and Taman Rekreasi Bukit Jalil can be found close by. Additionally, popular educational institutions can also be found within a 10km radius of the upcoming development, making this property truly wholesome.
Pull factors for Platinum Arena include its pivotal location in Old Klang Road as well as an attractive price point, aside from unmatched conveniences scattered across its vicinity.

Old Klang Road is a mature suburb strategically located between KL and Petaling Jaya, revitalised with an exciting array of f&b hotspots, recreational attractions and amenities that serve both families and young working adults.

The said serviced apartment is set within a locality enjoying unmatched accessibility to major interchanges such as Jalan Klang Lama, Jalan Puchong, Lebuhraya Shah Alam (KESAS) and Lebuhraya NPE.

Popular shopping malls such as Mid Valley Megamall, Suria KLCC, Sunway Pyramid, Plaza OUG, Pearl Shopping Gallery and Scott Garden can also be found a short distance away.

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Old Klang Road
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In collaboration with Platinum Victory Group Sdn. Bhd.

Sponsored Content

  Have you everthought of living within thriving Old Klang Road, one of the earliest key access routes into Kuala Lumpur city centre? This notion can now become a reality, through Platinum Victory’s newest addition into the vibrant locale, Platinum Arena.Old Klang Road is rapidly booming, as it is a key route in shortening the distance from Kuala Lumpur city centre, into areas such a...Continue Reading

3 replies
  • Logo3 small
      Have you ever thought of living within thriving Old Klang Road, one of the earliest key access routes into Kuala Lumpur city centre? This notion can now become a reality, through Platinum Victory’s newest addition into the ...Continue Reading
  • 20150527 023646 1 small
    stamp duty exemption until June 2019...
  • My photo small
    Another new block to OKR area after few years from 2019. PV focus mainly in Setapak, now come over to the other side of town. Good to explore this new development.

Interested in
Platinum Arena?

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Floor Plans:

Bedrooms 2
Bathrooms 2
Category Serviced Residence
Built Up 660 SQ. FT

Plan a site visit, or request for more information on this floor plan now!

Nearby Amenities:

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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Platinum Arena Apr 2022 RM325,000 - RM540,000
RM 316 psf - RM 584 psf
NIL NIL NIL
Residence 8 Dec 2013 RM560,000 - RM1,430,000
RM 428 psf - RM 1,100 psf
RM850 - RM850 NIL 1.57 %
Tiara Mutiara 2013 RM345,000 - RM630,000
RM 422 psf - RM 622 psf
RM1,000 - RM1,000 NIL 3.23 %
Commerce One Mar 2010 RM368,000 - RM1,018,000 RM1,500 - RM5,350 NIL 5.93 %
Menara K1 2010 RM360,000 - RM1,250,000 RM1,750 - RM5,800 NIL 5.63 %
Mutiara Apartment 2008 RM225,000 - RM225,000
RM 315 psf - RM 315 psf
RM950 - RM950 NIL 4.64 %
Sri Jati II 2007 RM380,000 - RM550,000
RM 295 psf - RM 611 psf
RM450 - RM450 NIL 2.12 %

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT RM 365 psf - -
1,000 - 1,500 SQ. FT RM 419 psf - -
1,500 - 2,500 SQ. FT RM 328 psf - -
2,500 - 4,000 SQ. FT - RM 750,000 psf -
4,000 SQ. FT and above - RM 2,000,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 364 psf
Non Landed Properties
RM 95,123 psf
Landed Properties
RM 593 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 34,450
Loan Amount ( 90 %) RM 310,050
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM214 ±
RM 0.33 psf (650 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.

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