Pantai Hillpark is located near the residential enclaves of Bangsar South and Bukit Pantai. This hilltop residence is considered as one of the great successes of property development in the Klang Valley.
Continue Reading ⋅ 19 February 2022
Platinum Splendour is a project that the public will love for its location. A development of PLATINUM Victory Group (PVG), Platinum Splendour will be a development of residential titled, leasehold condominiums. It will house 2000 units in 3 blocks of 32 storeys each. The units will range between 882 sq ft and 1,550 sq ft, and bear a launch price of between RM300,000 to RM820,000. Six hundred of the 2000 units will be RUMAWIP units, where each unit in this development will have a minimum of 1 parking lot.
Address: Jalan Semarak, Kampung Padang Tembak, 54100 Wilayah Persekutuan
Property Type: Condominium
Land Title: Residential
Tenure: Leasehold
No of Storeys: 32
No of Blocks: 3
Total Units: 2000
Sales Gallery: Jalan Maktab, Kampung Padang Tembak, 54000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Site GPS Coordinates: 3.181861, 101.724869
Expected Date of Completion: 2020
Built-up area: 882 sq ft – 1,550 sq ft
Facilities:
- Swimming pool
- Children’s playground
- Gymnasium
Launch Price: From RM300,000
Price psf: From RM340 per sq ft
Maintenance Fee psf: N/A
Parking Bay/s per Unit: Minimum 1
Special Features:
- 600 units of RUMAWIP
Project Details
Platinum Splendor Residence is a condominium project of leasehold title located in the centre of the city. It is a project that is welcomed for being affordably priced, despite its central location. The only drawback would be its higher than the norm density of 2000 units, housed within 3 blocks of 32 storeys. The price is however considered to be well worth the density with a launch price of RM300,000.
Buyers will have 7 types of units to choose from, with Type A of RM300,000 and a built-up of 882 sq ft being the RUMAWIP unit. There will be a total of 600 of these units, with 3 bedrooms and 2 bathrooms.
The units that are not under the RUMAWIP program have a launch price starting from RM555,500. These are the Type B units that have built-ups starting from 926 sq ft with also 3 bedrooms and 2 bathrooms. There are however 2 option to Type B units, which Type B1 is bigger at 1,152 sq ft and comes with a higher price tag of RM623,000.
Type C also comes with two options, where Type C is priced from RM638,500 and has a built-up of 1,065 sq ft. Type C1 on the other hand is much bigger at 1,431 sq ft and a price tag of at least RM749,000. The biggest units are Type D and Type D1, which are priced from RM709,500 and RM820,000 respectively. Type C is sized at 1,184 sq ft with 323 units, and Type D1 is the sole type of its kind in Platinum Splendor Residence with only 1 unit.
|
Type |
Launch Price |
Bulit-Up (sq ft) |
Unit |
No. of Rooms |
|
A |
MYR300,000 |
882 |
600 |
3R2B |
|
B |
RM555,500-568,500 |
926 |
483 |
3R2B |
|
B1 |
MYR623,000 |
1,152 |
5 |
|
|
C |
RM638,500 – 652,000 |
1,065 |
582 |
3+1R2B |
|
C1 |
MYR749,000 |
1,431 |
6 |
|
|
D |
RM709,500 – RM723,000 |
1,184 |
323 |
3+1R2B |
|
D1 |
MYR820,000 |
1,550 |
1 |
|
Location
Platinum Splendour is a development that is touted for its location. It is located approximately only 4 kilometres away from the Kuala Lumpur City Centre in the Jalan Semarak locale, and about 6 kilometres away from Ampang. And this proximity comes without the city price tag. The other major suburbs such as Petaling Jaya and Mont Kiara are only 15 kilometres and 12 kilometres away respectively, while the Kuala Lumpur International Airport (KLIA) is only about 60 kilometres away.
Of the major highways that Platinum Splendour enjoys access to is the Duta-Ulu Kelang Expressway (DUKE), Setiawangsa-Pantai Expressway (DUKE 3) and the Ampang-Kuala Lumpur Elevated Highway (AKLEH) a few minutes from home. Then there are also the main trunk roads of Jalan Sultan Yahya Petra which is also known as Jalan Semarak, and Jalan Tun Razak.
Living in such a central location, residents of Platinum Splendor Residence will find all amenities at their fingertips. Close to home there will be the Sri Inai International School, and also nearby is the University Teknologi Malaysia campus and the TM Multimedia College. National schools are also aplenty in the area.
Aside from education institutions, medical institutions are also aplenty around Platinum Splendor. Close to home the private hospitals of Gleneagle, Tawakal Hospital and the Prince Court Medical Centre. There is also the heart specialist centre, Institut Jantung Negara which is said to have the best cardiologists in Malaysia.
Entertainment is aplenty in the city centre, which residents of Platinum Splendor Residence will have easy access to. There is the Suria KLCC shopping mall, Pavilion, Fahrenheit 88, Berjaya Times Square and Sungai Wang just to name a few.
Analysis
As can be seen below, Platinum Splendor Residence is clearly a residence that is affordably priced despite is central location due to its high density.
|
Name |
Land Tenure |
Price per sq ft |
No. of Storeys |
Total Units |
|
Platinum Splendor Residence Completion date: 2020 |
Freehold |
From RM340
|
32 storeys |
2000 |
|
Semarak Residence Completion date: 2019 |
Leasehold |
From RM980 |
43 storeys |
480 |
Summary
Platinum Splendor Residence is deemed to be a great development for investment as is it located in the city centre, especially with the units small enough to make renting them out appealing to renters. On the other hand, family home buyers who find Platinum Splendor Residence to be a great home can also get one of the bigger units that are also comparatively lower priced.
