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Residensi Platinum Teratai

Serviced Residence
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Developer

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

Property Details

2019 Mar
(Year of Completion)
This project was completed 5 years ago
From RM382,000
Built Up
928 SQ. FT - 928 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
NIL
Total Units
NIL
Parking
Min. 2

Description

Residensi Platinum Teratai is one of the most value-rich freehold offerings, located in Kuala Lumpur.

The high rise development is situated in the mature Setapak locale, along Jalan Langkawi – and is constructed on a prime 8-acre plinth of land. The entire development was completed in March 2019.

During the pre-launch of Residensi Platinum Teratai, its creators Platinum Victory Development Sdn Bhd (Platinum Victory) recorded an impressive sale of 100 units.

The pace, in which units offered here are snapped up exemplifies the quality and thoughtfulness of this development as a whole!

Platinum Victory’s success over the years, is due to its reputation of creating affordable homes without compromising on quality, offered with practical layouts. With the completion of Platinum Teratai, that is now even more obvious.

The towering abode, upon completion, was offered with a variety of schemes and financing options supporting its introduction. This move was to encourage the possibility of more homebuyers securing a home.

This property, neighbours vibrant developments and is supported by convenient access to major highways, leading directly into Kuala Lumpur city.

The abode is targeted to those that would like to move into a unit, with just a suitcase as Platinum Victory offers a substantial furnishing package, crafted exclusively for the buyers of Platinum Teratai to enjoy.

The said furnishing package includes areas such as the kitchen, living and dining areas as well as the master and guest rooms. An additional interior design package is also available, upon homeowners request.

Residensi Platinum Teratai is built in the thriving hub of Setapak – an area that is rapidly growing in population numbers and is developing at an impressive pace. The vicinity is rich in amenities that cater to the everyday needs of families here.

Some of the conveniences found within close proximity, include an Aeon Big, located just around the corner, Platinum Walk, a Giant Supermarket and Setapak Central Mall. The expanse offers an abundance in restaurants and recreational areas as well.

A variety of layouts are offered to prospective purchasers, inside the Residensi Platinum Teratai development. Each home houses 3 bedrooms and 2 bathrooms, with a standardised built-up of 928sq ft, with 2 car parks designated to a unit.

Residents will enjoy facilities such as a swimming pool, convenience shops, cafes, a multipurpose hall, gym, and kindergarten. The said features, further establish the fact whereby, Platinum Teratai is an ideal property to raise one’s children and enjoy your time at home.

Setapak is known to be a family oriented neighborhood, hence Residensi Platinum Teratai is well positioned around a number of popular schools such as; SJK(C) Mun Yee, SMKL Chong Hwa, SMK Danau Kato, SJK(C) Wangsa Maju, Seri Utama International School and even TAR University College.

Nestled away from the hustle and bustle of the city, with amenities at one’s doorstep, and the availability of several connectivity options Platinum Victory has once again done it right by launching Residensi Platinum Teratai.

To the delight of those looking for an affordable property, this high rise is sold from RM382,000.

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Floor Plans:

Bedrooms 3
Bathrooms 2
Category Serviced Residence
Built Up 928 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 (%)
Residensi Platinum Teratai Mar 2019 RM350,000 - RM525,000
RM 377 psf - RM 565 psf
RM1,200 - RM1,200 NIL 4.39 %
100 Residency Mar 2016 RM680,000 - RM978,000
RM 372 psf - RM 615 psf
RM2,400 - RM2,400 NIL 3.75 %
MH Platinum Residency 2016 RM280,000 - RM738,880
RM 325 psf - RM 615 psf
RM1,100 - RM1,100 NIL 3.89 %
222 Residency June 2013 RM385,000 - RM2,800,000
RM 376 psf - RM 610 psf
RM650 - RM650 NIL 0.9 %
Platinum Lake PV16 2013 RM500,000 - RM732,470
RM 232 psf - RM 472 psf
RM500 - RM500 NIL 2.54 %
Platinum Lake PV15 2012 RM437,000 - RM710,000
RM 334 psf - RM 430 psf
RM400 - RM400 NIL 2.43 %
Metro Genting Klang 2012 From RM2,200,000 From RM3,000 NIL NIL

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 RM 500 psf - -
500 - 1,000 SQ. FT RM 313 psf - RM 318 psf
1,000 - 1,500 SQ. FT RM 353 psf - RM 661,898 psf
1,500 - 2,500 SQ. FT RM 359 psf RM 460,000 psf RM 1,013,998 psf
2,500 - 4,000 SQ. FT RM 225 psf RM 518,000 psf RM 845,000 psf
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 261 psf
Non Landed Properties
RM 17,575 psf
Landed Properties
RM 45,910 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 38,200
Loan Amount ( 90 %) RM 343,800
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (928 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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