Platinum Victory Development
How their buildings read
2 poor
Outcomes still vary building by building. Check the building, not the brochure.
What we found
A Bursa Malaysia announcement dated 27 February 2023 by Southern Score Builders Berhad (formerly G Neptune Berhad) disclosed a letter of award from Platinum Victory Development Sdn Bhd, a related-party contract.
The evidence
Delivery
NegativeA 2008 forum post reports that a Phase 2 Platinum Victory project in Taman Melati appeared paused for a week or more, an individual buyer observation that was not verified by any independent source.
Defects and workmanship
NegativeA resident review on asiafirms reports that defect settlement at Residensi Platinum OUG was slow, with fewer than 100 units settled 60 days after vacant possession, and a second resident review at PV18 describes handover defects with rectification not started after two months.
Post-handover response
NegativeA resident review on asiafirms says management kept giving excuses about defect rectification, and that the developer was refusing to meet residents at the OUG project.
Regulatory and legal
A 2008 blog post reports that Jabatan Bangunan DBKL issued a final warning to Platinum Victory for construction work carried out after 6 p.m. and on Sundays, contrary to its building approval conditions.
Corporate continuity
PositiveThe KPKT developer directory (TEDUH) lists a separately licensed entity, Platinum Victory Property Sdn Bhd (developer code 11699), with licence number 11699/11-2025/1428(R), alongside the main developer register entry.
2 more findings
The KPKT register entry for Platinum Victory Development Sdn Bhd (developer code 9832) lists its licence as 9832/03-2029/0058(A) and shows several sub-projects, with at least one flagged as completed with a CCC.
The company's CTOS business report records incorporation on 28 September 2004 under registration 0667588X and lists its business as property developer.
Their buildings
Vista OUGBukit Jalil5.2 out of 10Poor