Residensi MH Platinum 3, Setapak
MHP3 Sdn Bhd · Serviced residence · Freehold · Selling
RM 414,700 to RM 638,500 · 650–950 sq ft · Completion 2028
- 1Price against the areaRM 638+8% vs new launches nearby+79% vs completed condos
- 2The area+8.5%Change in Kuala Lumpur house prices over the four years to Q1 2026 · High unsold supply in the state
- 3Other options at this price8other new launches within 15% of RM 638 per sq ft
- 4Cost and risksRM 48,764Cash upfront and RM 1,720 a month after that
Residensi MH Platinum 3 is a freehold serviced residence in Setapak, Kuala Lumpur, by MHP3. The developer lists prices from RM414,700 for a 650 sq ft unit, about RM638 psf. That is 79% above the NAPIC 2025 median of RM357 psf for completed condos in Setapak. Checked against the developer's website on · Developer's project page
Location
Setapak, Kuala Lumpur
Nearby, as listed by the developer
- LRT Taman Melati (4.7KM)
- LRT Wangsa Maju (5.3KM)
- The Palette (3.3KM)
- Setapak Central Mall (4.0KM)
- Columbia Asia Hospital (2.7KM)
- Hospital Kuala Lumpur (4.9KM)
- SMJK Chong Hwa (0.5KM)
- TARUMT (5.5KM)
1Residensi MH Platinum 3 price compared with the area
Prices start from RM 414,700. If that price is for the smallest layout (650 sq ft), it works out to about RM 638 per sq ft.
NAPIC recorded 5 completed condos in Setapak in 2025. Its entry price per sq ft is higher than every price NAPIC recorded in the area. New launches usually cost more per sq ft than completed condos nearby.
See the 5 completed condos NAPIC recorded in Setapak on the area page.
- SkyAwani 6 (Residensi Wilayah)RM 375
- J.Satine Apartment (Residensi Wilayah)RM 375
- M AzuraRM 544
- Curvo ResidencesRM 592
- Platinum Melati ResidencesRM 616
- Residensi MH Platinum 3RM 638
Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.
The developer does not publish a price per sq ft. Ask for the price list. If the starting price is for a bigger layout, the entry price per sq ft is lower than shown here.
2The area
- Desa ParkcityRM 906
- KLCCRM 1,723 · 12 launchesRM 796
- BangsarRM 1,138 · 9 launchesRM 674
- Mont KiaraRM 1,034 · 3 launchesRM 639
- Damansara HeightsRM 567
- Sri HartamasRM 491
- Bukit JalilRM 772 · 8 launchesRM 482
- SentulRM 595 · 2 launchesRM 479
- KepongRM 667 · 3 launchesRM 457
- CherasRM 762 · 4 launchesRM 400
- SetapakRM 568 · 6 launchesRM 357
NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.
House prices in Kuala Lumpur rose 8.5% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Setapak page.
3Other options at this price
↑ Starting price
| Project | Entry psf | vs this |
|---|---|---|
| M AspiraTaman Desa | RM 640 | 0% |
| The Vesta ResidencesSetiawangsa | RM 636 | 0% |
| PapyrusNorth Kiara | RM 631 | -1% |
| Silverlake ResidencesKuala Lumpur | RM 646 | +1% |
| EkoTitiwangsaJalan Pahang | RM 629 | -1% |
| Tuan 2egacyJalan Kuching | RM 619 | -3% |
| Platinum Melati ResidencesSetapak | RM 616 | -3% |
| LEVIA ResidenceCheras | RM 660 | +3% |
4Cost and risks
Starting priceRM 414,700
Monthly instalment
RM 1,720
Cash upfront (down payment and stamp duty)
RM 48,764
- Down payment
- RM 41,470
- Stamp duty on the transfer
- RM 7,294
- Loan amount
- RM 373,230
- Total interest over the loan
- RM 349,335
Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.
Things to check
- In Kuala Lumpur a foreign buyer needs state consent and can only buy a unit priced at RM 1,000,000 or more.
Project details+
- Developer
- MHP3 Sdn Bhd (MH Platinum)
- Location
- Setapak, Kuala Lumpur
- Property type
- Serviced residence
- Tenure
- Freehold
- Total units
- 1,688
- Blocks / towers
- 2
- Storeys
- 41
- Expected completion
- 2028
Facilities @ Level 8 · Sky Garden @ Level 41 · Sky deck · 3 Tiers security level
Residensi MH Platinum 3 floor plans and photos
Residensi MH Platinum 3 layouts
| Layout | Size | Bedrooms |
|---|---|---|
| Type A | 650 sq ft | 2 |
| Type B | 850 sq ft | 3 |
| Type C | 950 sq ft | 3 |
Our take
- The entry price per sq ft is 79% above the median for completed condos in Setapak. Some of that gap is normal for a new building. We would compare it with other new launches in Setapak before paying a booking fee.
- Of the 6 new launches we track in Setapak, it has the highest entry price per sq ft.
- Other new launches at a similar price per sq ft: M Aspira (RM 640 psf), The Vesta Residences (RM 636 psf) and Papyrus (RM 631 psf).
- Many completed condos in Kuala Lumpur are still unsold. That can make a unit slower to resell or rent out.
More new launches in Setapak
Other new launches in Kuala Lumpur
Residensi MH Platinum 3: common questions
How much is Residensi MH Platinum 3 in Setapak?
The developer lists prices from RM 414,700, about RM 638 per sq ft for the smallest layout.
Is Residensi MH Platinum 3 freehold or leasehold?
The developer lists it as freehold.
When will Residensi MH Platinum 3 be completed?
The developer gives 2028 as the expected completion date.
Can foreigners buy Residensi MH Platinum 3?
Every price the developer lists is below Kuala Lumpur's RM 1,000,000 minimum for foreign buyers, so a foreign buyer would not qualify at these prices.
Sources
Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.