THRIVING AMIDST UNUSUAL TIMES

 Platinum Victory delivers competitively-priced houses in prime locations

KUALA LUMPUR, April 8 (Bernama) -- Despite a challenging past year for property developers, two of Platinum Victory’s projects launched in 2019, mainly Platinum Arena Residences and PV9 Residences were sold out in 2020.

A resounding 90% take-up rate

Thanks to positive growth in the second half of 2020, its three new residential property launches saw a good take-up rate of 90% and a conversion rate of 50% with a total GDV of RM1.228 billion.

One such development is the modern urban freehold apartment suites, Vista Sentul Residences. Touted for its affordability, convenience, and liveability, Vista Sentul is built on a 2.38-acre site with a GDV of RM308 million. The property’s unique dual-key feature allows owners earn additional rental income while staying comfortably in their own place.

Vista Danau Kota Residensi Wilayah is another project which created buzz. Set within a 3.72-acre site, the single-block development in the prime locality of Setapak comprises 910 units at RM300,000 per unit that is built to provide seamless access to urban amenities.

Another key development which was launched in 2020 was MH Platinum 2 Residences, a 4.72-acre project in Setapak, as part of Platinum Victory’s strategic business collaboration. This development in particular, provides residents a natural retreat from thermal heat, glare of the sun and bustling city life.

Exciting offerings in 2021

Maintaining its steady pace of rolling out projects almost every quarter, Platinum Victory is building more affordable homes such as Vista Saujana, a low-density project with only 200 units and Vista Dedanau, which is set aside as housing for civil service workforce (Perumahan Penjawat Awam Malaysia – PPAM). Besides the affordable scheme, Platinum Victory will focus on competitively-priced developments this year, such as Platinum Casa Danau, without compromising on fundamental elements such as location, convenience and accessibility.

The next collaborative initiatives that has taken flight is with Jakel Group for the development of J.Satine – an exciting mixed development project located on a 12-acre site within Setapak. It will encompass Residensi Wilayah and SOHO residential units, as well as commercial units.

Another anticipated key development set to open its doors in 2021 is The Ark by Platinum Victory, a uniquely modern 12-acre community-based hub nestled in the heart of Setapak. What’s special about the lifestyle hub is it being an original one-stop destination for home and design inspiration, the first of its kind industry collaboration.

“The market for new home ownership especially among millennials, young families and new house buyers continues to grow steadily and drive demand for affordable housing here. As a property developer with reputable track record, we want to continue to meet the demand for good quality homes in prime locations!” Gan said, expressing hope that all stakeholders should continue to lend unwavering support towards the cause.

SOURCE: PLATINUM VICTORY


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