ECElvinChiaKlang Valley New Property Advisor

Serviced Apartment · Leasehold

Platinum Melati Residences

Platinum Victory Setapak, Kuala Lumpur Dec 2029

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Platinum Melati Residences facade

Project overview

Platinum Melati Residences is an ongoing serviced apartment development by Platinum Victory in Setapak. Prices start from RM677,000 with built-ups from 900 sq ft, targeted completion Dec 2029.

Price from

RM677,000

Price per sq ft

RM752

Built-up

900–1500 sq ft

Bedrooms

2, 3 Bed

Tenure

Leasehold

Completion

Dec 2029

Maintenance fee

RM0.33 psf

Rental estimate

RM2,990/mo

Investment score

82/100

Developer information

Platinum Victory is an established Malaysian developer with completed projects across Klang Valley. Ask Elvin for the developer's handover track record and defect rectification history before you book.

Location & accessibility

Setapak, Malaysia

LRT distance

2.1 km — Wangsa Maju LRT Station

Highway access

Direct highway access

Built-up efficiency

900 sq ft entry layout

Nearby amenities

  • Setapak commercial hub
  • Schools and colleges nearby
  • Shopping mall within 10 minutes

Unit information

Unit typeBuilt-upBedroomBathroomIndicative price
Type A900 sq ft21RM677,000
Type B1200 sq ft32RM902,000
Type C1500 sq ft33RM1,128,000

Facilities

  • Swimming pool
  • Gymnasium
  • Multipurpose hall
  • Children playground
  • 24-hour security

Investment analysis

Rental estimate

RM2,990 / month

Estimated gross ROI

5.3%

Capital growth potential

High — matured area with strong demand

Target buyer profile

Buyers looking for a leasehold serviced apartment in Setapak with an entry price from RM677,000.

Advantages

  • Leasehold title
  • 2.1 km to Setapak station
  • Entry from RM677,000
  • Estimated 5.3% gross rental yield

Considerations

  • Under construction until Dec 2029
  • Final layouts and pricing subject to developer revision

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