Issue # 3
42
PROPERTY360DIGEST
PROPERTY360DIGEST
Issue # 3
43
PV9 offers a zen garden and a tropical garden at the rooftops where residents could enjoy the refreshing breeze as they bask in the scenic
views from atop
A TOD typically includes a central transit
stop (such as a train station, or light rail
or bus stop) surrounded by a high-density
mixed-use area, with lower-density areas
spreading out from this centre.
Another criterion to follow when it
comes to looking for a good location is
to invest within 15 kilometres of a major
economic centre. Some people choose to
live more than 15 kilometres from jobs,
shopping, and other community centres.
But not most people. Remember the
supply and demand principle we learnt
in economics - a higher demand + limited
supply leads to higher rents and higher
values? As investors, we want to give
ourselves the best chance to succeed by
owning investments where most people
want to live.
People tend to flock towards areas
where it is more convenient to commute
to work, shopping centres, educational
facilities, recreational amenities as well as
medical institutions.
One particular area to consider your
next investment is Taman Melati, which is
located in the Wangsa Maju parliamentary
constituency. This township has seen major
development over the past few years as
it has a potential for economic growth,
being just 13km (22 minutes) by car to
Kuala Lumpur City Centre via Jalan Genting
Kelang.
As a self-contained township, residents
of Taman Melati are content with the array
of amenities that are just a stone’s throw
away. Educational facilities such as SK
Taman Melati
Sekolah Rendah Agama al-Falahiah,
SMK Taman Melati, Tunku Abdul Rahman
University College (located near Taman
Melati), International Islamic University
Malaysia (located 5km from Taman
Melati), as well as Sekolah Rendah Agama
Salehuddin Al-Ayyubi, are all within the
catchment of the township.
For the convenience of commute,
Taman Melati LRT station makes it
convenient for residents to use public
transport. Also within a one-kilometre
radius is the Columbia Asia Hospital for
those ever-important medical needs.
Taman Melati has its shopping mall
called M3Mall located opposite Taman
Melati flats on Jalan Madrasah. The mall
has its shopping outlets and restaurants.
Further to that, Sime Darby Property’s
first 100%-owned retail mall is scheduled
to be opened in March 2020. The KL East
Mall located at the 160-acre integrated KL
East development in Taman Melati, Kuala
Lumpur has a gross built-up of about 1.2
million sq ft and a net lettable area of
384,210 sq ft. Key tenants include Jaya
Grocer, Camp5, MBO, Blue Ice-Skating Rink,
Toys ‘R’ Us, Harvey Norman, Jungle Gym
and Café Chef Wan.
Since Setapak has been the home
ground for community developer Platinum
Victory as they have been developing in
this area for the past two decades, it is
no surprise that they chose Taman Melati
as the development ground for PV9. PV9
is a project that comprises two blocks
of high-rise condominiums. Sprawled
across 5.6 acres of land, the development
comfortably sits at a fine point between the
Tunku Abdul Rahman University College
and the Taman Melati LRT Station, allowing
residents unparalleled educational and
connectivity conveniences. Thus, allowing
purchasers a clear sub-rental potential
from the student market.
PV9 is no ordinary development. It not
only offers invigorating views it has many
featured facilities for the luxury of its
residents. From zen garden and a tropical
garden at the rooftops where residents
could enjoy the refreshing breeze as they
bask in the scenic views from atop.
Aside from rest and relax, the
development also offers its residents an
array of living conveniences such as a game
room, kid’s playground, basketball court,
gazebo, BBQ pit, gym and a swimming pool.
The units at PV9 are laid out to offer
three variations, with spacious built-up
ranging from 1,000sq ft to 1,300sq ft, three
to four bedrooms and ultimately designed
for sophisticated and distinguishing
buyers. PV9 is surely a development that
would appeal to young married couples,
upgraders and investors alike, especially
investors who understand the potential of
student rental.
Strategically located, PV9 has direct
access to major highways such as the DUKE
and SPE highway. The development is also
served by roads like the Kuala Lumpur
Middle Ring Road 2, Jalan Gombak, Jalan
Tumbuhan and Jalan Genting Klang.
Units at PV9 begin from RM530,000, a fair
price that is totally value for money as the
development comes with an abundance of
luxurious facilities and conveniences.
n For further information on PV9, please
surf to www.platinumvictory.com or call
0111 722 6666 or you could pay a visit to
the PV9 Sales Gallery (waze) for a first-
hand experience.
Aside from rest and relax, the development also offers its residents an array
of living conveniences such as a game room, kid’s playground, basketball
court, gazebo, BBQ pit, gym and a swimming poo