FAQ

PLATINUM TOWER

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general questions

The Platinum Tower is located in Capepoint Bakau, Near Ocean Bay Hotel.

Google Map Location: F8MM+G8H, Bakau

Platinum Tower has a total of 56 apartments and 6 commercial spaces.

Platinum Tower offers 56 apartments comprising of 18 Studios, 18 Two Bedrooms, 18 Three Bedrooms and 2 Penthouses.

The ranges of built areas of properties at Platinum Tower are:

  • Studios : 62m2
  • 2Bedrooms : 123m2
  • 3 Bedrooms : 156m2
  • Penthouse : 346m2

The starting price of Platinum Tower is Euro 89,900 for Studios, Euro 154,300 for the Two Bedroom and Euro 231,700 for the Three Bedroom apartments

The key amenities of the Platinum Tower include Reception, Gymnasium, Elevators, Parking, Backup Generator, 24 x 7 Security, CCTV Surveillance, Onsite Facility and Property Management Services

The project is estimated to start in the March 2025

The project is estimated to complete by Q-3 of 2027 and will be ready for occupation by Q-4 of 2027.

The type of lease for the Platinum Tower is leasehold for 99 years commencing 4th September, 2009.

Yes, the buyer will be required to pay the following charges in addition to the sales price at the time of handover of the property:

  • Annual Management Fee : Euro 1,800
  • Reserve/Asset Fund (One time): Euro 2,000
  • Legal Fee on Preparation of Under lease : Euro 600
  • Consent Processing Fee: Euro 100
  • Under lease Registration Fee : Euro 50
  • GRA Stamp Duty : 2 % of Purchase Price