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New project in Cheras, Kuala Lumpur, by Platinum Victory Development Sdn Bhd.
| Property type | Condominium (Highrise, Residential) |
|---|---|
| Unit size | 947 - 2228 sqft |
| Bedrooms | 3 - 5 |
| Total units | 1500 |
| Tenure | 2119 |
| Land area | 6.33 Acre |
| Maintenance fee | RM 0.35 per sqft included 10% sinking fund |
| Developer | Platinum Victory Development Sdn Bhd |
| Developer license no. | 20253/03-2029/0077(A) |
| Advertising permit no. | 20253-3/11-2027/1043(A)-(S) |
| Schedule type | Schedule H |
| Construction period | 36 months + 12 months |
PSV2 Residence is a leasehold condominium in Bandar Tasik Selatan, Cheras, Kuala Lumpur, by Platinum Victory, a privately held Kuala Lumpur developer established in 1997. Priced from RM550,000, the scheme has 1,500 units in two towers on 6.33 acres, opposite the TBS bus terminal (per the developer).
Connectivity & Location
LRT Bandar Tasik Selatan (SP15) on the Sri Petaling Line is 541m straight-line from the site, with the KTM station 569m and the ERL (KLIA Transit) station 653m straight-line — three rail lines within a short radius. The project address is on Jalan Lingkaran Tengah 2 (MRR2), so check road noise and peak-hour traffic at the entrance yourself. DBKL zones the pocket residential (R3, plot ratio 4) inside the Bandar Tasik Selatan transit planning zone.
Layouts & Living
Units run 947 to 2,228 sqft across 3 to 5 bedrooms, at about RM505 to RM580 psf on the price list. Estimated instalments start from about RM2,282/month (90% loan, 35 years, ~4.3%; your figure depends on your loan profile), and maintenance is quoted at RM0.35 psf including the 10% sinking fund. Completion is listed for December 2028; KPKT's record shows construction about 73% complete and a vacant-possession date of 1 January 2029 (TEDUH, as at 26 September 2026), so confirm the actual VP date before committing.
The Sifu View
PSV2's honest strength is family-sized space with three rail lines nearby: a 947 sqft 3-bedroom from RM550,000 — exactly the median across the 25 Cheras projects on this site — with construction already well advanced. That suits an own-stay family or a buyer who travels to KLIA often. But 1,500 units is a very dense scheme: expect lift queues, crowded facilities and a deep pool of near-identical units competing with yours when you rent or resell. The title is leasehold and the expiry year is not listed — get it in writing. And a site beside the MRR2 and the TBS bus terminal trades convenience for traffic and noise, so visit at rush hour before you decide.
Key Features