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PLATINIUM LAKE CONDO PV 16 Transaction Price & PSF

PLATINIUM LAKE CONDO PV 16 · Condominium/Apartment · Kuala Lumpur · W.P. Kuala Lumpur · Data through February 2026

Median price
RM497,500
Median Parcel PSF
RM365.57 psf77.8% usable coverage
Transactions
54
Data period
February 2026From October 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This market article provides a cautious, data-driven view of the residential segment for a condominium scheme in Kuala Lumpur. It explains how readers can interpret the available benchmarks and avoid unsupported expectations.

Market overview

The observed activity concentrates within the central submarket of Kuala Lumpur, with the Setapak area standing out as a key local cluster. Within the residential segment, the condominium or apartment form is the most represented property type in the dataset, and the selected scheme shows the most activity among the listed schemes. The overview reflects a historical pattern across multiple years, highlighting how transaction activity and price dispersion can manifest in this scope.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Condominium/Apartment

Transactions
54
Median price
RM497,500
Median parcel area
1,324 sqft
Median Parcel PSF
RM365.57 psf
PSF coverage
77.8%

This residential form is the most represented within the dataset’s scope, and the surrounding market context shows activity focused on this type within the study area.

How to interpret this market

Readers can use transaction benchmarks as general reference points while recognising that an individual property may differ in location, size, condition and other factors. Benchmarks describe overall patterns rather than certainties, so it is important to compare property types separately and to consider the specifics of each listing.

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Frequently asked questions

What submarket dominates in the data?

The dataset identifies Kuala Lumpur as the primary district and Setapak as the main local area, with the condominium/apartment form being the dominant residential type in this scope.

How should I use transaction benchmarks?

Treat benchmarks as a general guide to understanding typical market behavior over the period, while recognising that individual properties can differ by location, size, condition and amenities.

What cautions should I observe when interpreting this data?

The information reflects a historical snapshot and should not be read as a forecast; always compare property types separately and avoid drawing conclusions about future movement from a single scheme.

Summary

This analysis presents a neutral view of the residential market for the selected scheme. When evaluating opportunities, compare different property types and refer to the transaction benchmarks as contextual guidance rather than guarantees.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

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