Sinaran Residences at Utropolis Batu Kawan completed ahead of schedule.

Homeowners of Sinaran Residences at Utropolis Batu Kawan recently welcomed the good news of receiving the keys to their new home three months ahead of schedule. The early handover is a testament to the impressive track record that Paramount Property has established through the years.

As The People’s Developer, Paramount Property’s core promise to the community is to build with people in mind and to deliver products that anticipate future trends and stand the test of time, fulfilling every aspect of living – now and for the future.

A Home for Your Every Leisure

Sinaran Residences’ concept of “living without boundaries” is synonymous with the extraordinary lifestyle that the project has to offer. Here, recreational leisure goes beyond the podium and rooftop. Instead, you will find facilities peppered throughout the entire building and across many levels. From the stylish lounge area on the ground floor to the futsal, basketball, and badminton courts on the sixth floor right up to sky-high facilities on the rooftop, there are just so many ways to indulge at Sinaran Residences.

The Glamping Deck on the rooftop offers a panoramic view of the horizon.

The multi-purpose basketball and mini futsal court.

Urban Living with a Generous Touch of Greens

At Paramount Property, every development that the company undertakes is purposefully planned to uplift the community it serves. This is achieved through efforts in its three broad pillars – wellness, environment, and society, all of which are reflected at Sinaran Residences.

From healthy pursuits to social engagement among residents, the project boasts over 50 facilities, all of which have been thoughtfully curated to cater to different aspects of life.

Spacious indoor gymnasium overlooking the swimming pool.

The project also acknowledges the importance of nature with lush greens seamlessly infused into the overall architecture of the building, creating a welcoming environment that embraces you with the fresh scents of nature as you spend your time outdoors.

A well-equipped playground and outdoor recreational areas surrounded by lush greens.

Where Work and Play Go Hand-in-Hand

Beyond recreation, the development anticipates the changes of today’s work culture where flexibility has become a norm. Within the premise, there is a designated co-working space area, a meeting room, and even a private dining area for its residents to conduct their day-to-day business in the most efficient manner.

This allows homeowners to distinguish their private sanctuary at home away from work, putting them in the right mindset and to be able to leave it all behind and ‘return home’ at the end of the day, yet never needing to leave Sinaran Residences.

Designated co-working space area that is open to all residents.

Meeting room available for private discussions.

The Assurance of an Award-Winning Developer

With an established track record of excellence, homeowners are assured of quality craftsmanship when it comes to owning a home by Paramount Property. Sinaran Residences is 100% sold, a testament to the people’s trust in the developer.

Homebuyers who are interested in owning a home at Utropolis Batu Kawan can check out Savana, its latest phase of development. Oozing with class and a contemporary design, this majestic 36-storey residence introduces the concept of versatility to a home, encouraging homeowners to reimagine spaces and configure layouts according to their lifestyle needs.

Savana’s unique configuration of the living, dining, and kitchen areas.

Savana takes on a contemporary concept in layout and design.

Aside from maximising the comfort and functionality of a home, Savana also boasts a nature-inspired way of life with a large breadth of indoor and outdoor recreational spaces as well as charming landscapes for the enjoyment of its residents.

Units for Savana have also reached 50% in sales and interested purchasers are urged to secure their units now.

An Exciting Address to Call Home

Utropolis Batu Kawan where Savana and Sinaran Residences are located, is the first university metropolis in Penang. The fully integrated development brings together residential, commercial, education, wellness, and hospitality as one comprehensive address.

Utropolis Batu Kawan is a dynamic address with high investment potential.

To be part of this dynamic address, call 012-501 0733 or visit www.paramountproperty.my today.

About GEM Residences

GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company’s 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region – GEM Mall, the tenant mix include SOGO (first and largest departmental store in the northen region at 212,000 sq.ft.) and a supermarket (largest at 50,000 sq.ft.).

*Photo taken in March 2024

Find out more about GEM Residences

Ideal Property Group proudly announces its recent triumph at the esteemed Fiabci Malaysia Property Award 2023. The company’s premier development, Queens Residences Q1 (Q1), located in the picturesque bay in Bayan Lepas, Penang, was honoured as the winner in the Mid Rise Residences category. This accolade reaffirms Ideal Property Group’s commitment to excellence and innovation in the realm of property development.

Q1, the first phase of the expansive Queens Waterfront master plan, has garnered widespread acclaim for its exceptional location, sustainable features, and unparalleled quality. Q1 offers residents an exclusive seafront lifestyle coupled with the convenience of being just 6 kilometers away from Penang International Airport. This prime location, nestled within a vibrant industrial and technological hub, makes Q1 an ideal choice for both homeowners and investors seeking unparalleled connectivity and growth potential.

“We are thrilled to receive the Fiabci Malaysia Property Award 2023 for Queens Residences Q1,” said Dato’ Ng Tyan Ping, COO of Ideal Property Group. “This recognition is a testament to our unwavering dedication to creating exceptional living spaces that prioritize quality, sustainability, and community well-being. We are immensely proud of Q1 and its contribution to redefining the standard of luxury living in Penang.”

One of the key strengths of Q1 lies in its dedication to fostering sustainable living. Q1 complies with the Green Building Index (GBI) standards, demonstrating its commitment to sustainable development right from the start. The development has proactively implemented various energy consumption control measures, including energy-efficient building design, rainwater harvesting systems, and low-flow fittings to enhance water efficiency. Furthermore, Q1 Residences has achieved a high score of 85% for Quality Assessment System in Construction (Qlassic), highlighting its meticulous attention to quality craftsmanship and construction excellence.

Moreover, Q1 is not just a residential enclave; it is a thoughtfully planned community that fosters a low-carbon lifestyle without compromising on aesthetics. The development features a commercial lifestyle hybrid mall on the ground and first floors, complemented by sea-facing alfresco dining options. Additionally, Q1 is attached to a 50-ft wide promenade spanning approximately 700 meters, encouraging healthy outdoor activities and fostering a sense of community among residents.

With its unique architectural charm and prime seafront location, Q1 has emerged as a popular choice among locals and investors alike. The appreciation value of units at Q1 continues to soar, reflecting the development’s high potential for long-term growth and investment returns.

“Q1 embodies our vision of creating vibrant and sustainable communities that enrich the lives of residents,” added Dato Ng Tyan Ping. “We are delighted to see the positive impact that Q1 has had on its residents and the surrounding community, and we remain committed to delivering excellence in every project we undertake.”

Q1 marked the inception of the Queens Waterfront master plan, encompassing a total of 4 development phases. Ideal Property Group completed Q2 in 2022 and is currently progressing with Q3 under construction. The company remains steadfast at the forefront of real estate industry, continuously setting new standards for integrated development in Penang, leading the way for future advancements in the region.

The construction of Penang’s first light rail transit (LRT) project will begin by the fourth quarter of this year, says Anthony Loke.

The Transport Minister added that the Penang LRT Mutiara Line project has been officially taken over by the Federal Government and is estimated to take six years, with completion slated for by 2030.

“We hope that within six months, the negotiations with SRS Consortium Sdn Bhd can be concluded.

“Following that, we expect physical works can start at least by the fourth quarter this year,” he told reporters at the ministry’s office on Friday (March 29).

The contracts for the LRT project have been divided into three main components – Silicon Island to Komtar contract (Segment 1), Komtar to Penang Sentral contract (Segment 2) and turn-key systems and rolling stocks contract.

Loke said SRS Consortium Sdn Bhd has been offered the Segment 1 contract based on the Single Sourcing Request for Proposal mechanism.

Meanwhile, the other two remaining contracts will be offered on an open tender basis.

“The offer (to SRS Consortium) was made based on the request by Penang state government which had appointed SRS as the Project Delivery Partner of the Penang Transportation Master Plan, which comprises the Penang LRT Mutiara Line, through an open tender in August 2015.

“SRS has also studied the technical early designs while acquiring approvals for the Environmental Impact Assessment, Social Impact Assessment and conditional Skim Kereta Api,” he said, adding that the costs were also borne out by SRS.

Loke added that the Cabinet has agreed to appoint MRT Corp as the developer and asset owner of the new train line.

He said that the rolling stock operations depot and transit-oriented development projects will be conducted by MRT Corp together with the state government.

“The new strategy aims to generate extra non-fare revenue to be reinvested for train maintenance in the future,” he added.

Stretching about 29km, Penang LRT Mutiara Line, will be equipped with 20 stations which include two interchange stations in Komtar and Penang Sentral.

Source: TheStar.com.my

Penang Island City Council’s Commissioner Of Building, together with the PDRM, acted as observers during an enforcement operation for the seizure of movable assets at Serina Bay Apartment in Jelutong.

The enforcement operation was carried out by Serina Bay Management Corporation in collaboration with the Commissioner Of Building and the police. The operation successfully targeted two residential units with outstanding maintenance fees, sinking Fund, and other arrears.

During the operation, one residential unit was found to have no movable assets for seizure, while another unit resulted in the seizure of nine movable assets.

It is the responsibility of strata property owners to settle maintenance fees and sinking fund payments. Failure to do so may result in legal action under Section 79(1) of the Strata Management Act 2013 (Act 757) by the management corporation.

Source: MBPP FB