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May 11, 2007

Paramount View Condominium, Petaling Jaya

Filed under: Developers, New Launches

New launches in the old residential areas of PJ are few are far between. Since the early 70’s, these areas have been mainly populated by old landed homes, and any new homes are either refurbishment (or demolish and re-construct) of old bungalows or apartments in vacant land in odd corners here and there. The latter are usually met with vehement protests by neighbouring residents, but there are still those that can be developed successfully without much hitches.

More recently, new launches are concentrated in Kelana Jaya, where new areas are opened up due since the completion of the LDP many years ago, but at some point not too long ago, a point was reached that there were literally too many of them in close proximity.

Another option for developers is to acquire government land which have been populated by squatters. With the Selangor state government to achieve zero-squatters some years back, developers can build low-cost housing to rel0cate the squatters, while given a leeway to build their own projects on the remaining land. This is an option with its on pros and cons, but recently there has been quite a few that have been implemented well enough.

This is one such project, but on a rather small scale. The said land is strip of green along a river, sandwiched by old single storey homes of Section 12 and the elevated LRT tracks. The main selling point for the condo is connected to the Taman Paramount LRT station across the river by a pathway. But with it being on land formerly used by squatters, it is located next to the low-cost flats where they are now residing. The whole area really needs to be spruced up if they intend to boost the image - the waterway is not well kept through the years, and the roads here are all very narrow (after all, it was intended for small bungalows and terrace homes when it was laid more than 20 years ago).

This project was actually launched towards the end of last year, and at the moment more than half of the units have taken up.

Paramount View is a single tower condo on a small two-acre piece of triangular shaped land. There are 3 levels of above ground parking at the ground floor, and the 4th floor is the common facilities, followed by 13 floors of units. There are up to 19 units per floor, which is quite a lot, but the density is controlled by the relatively low height of the condo. Altogether there 233 units only. The single tower is in an ‘L’ shape, following the shape of the land.

Because the units are arranged in a 45-degree skew from the compass, quite a lot of the units face the evening sun, although not directly. The views are either Aman Lake view (we reckon the view isn’t all that fabulous). Paramount view (rooftops all around) and the pool view. Some units have a special ‘LRT view’.

There are about 7 types of layout ranging from a small 860sq.ft. (Type E) to the largest at 1,679sq.ft. (Type G). The units in between these two sizes are mainly variations of the same layout, with slightly different sizes (1,021-1,322sq.ft.). The size difference is mainly in the master bedroom and living area. One of the units have a larger balcony. All units have 3 bedrooms and 2 baths. The largest Type G is a corner unit, and is basically similar to having 1 and a half units combined, with 4+1 rooms and 4 baths. Going with the theme of one a half units, there are actually 2 balconies in the unit. The smallest unit is quite compact and doesn’t really look appealing, seeing that they try to fit 3 small rooms in.

In terms of facilities, there isn’t much, with so little space for development to begin with. There’s a pool, a small landscaped area and playground, gym, the usual convenience shops and that’s about it. Most units come with 2 parking bays, smaller units get one. Street parking should be near impossible, considering how close it is to the landed homes around.

As we said, the LRT is very close and that might sway some investors looking to cash in on the convenience. But a lot of people might not prefer living next to low-cost, an alternative would be to get the units away from that side. The location is not really all that favourable for an apartment, especially if you take the LRT station out of the equation. Also, the tracks can also work against your favour, the noise is quite loud especially when trains enter and exit the station, just ask those good folks staying in Taman Paramount of Taman Bahagia. Also there are some concerns of the power lines.

Pricing starts quite affordably, from about RM143,800 to RM389,800. We’re quite familiar with this neighbourhood, and if we were looking to buy, we may want to check out some of the other condos in PJ first…

Project Name Paramount View Condominium
Location Section 22, Petaling Jaya
Description Middle rise condominium in matured housing area
Land type Leasehold
Land Size about 2 acres
Encumbrances Charged to Alliance Bank
Price from about RM143,800 to RM389,800
(from about RM170psf. to RM200psf.)
Unit size 860sq.ft. to 1,859sq.ft.
No of units 233
Launch Date Nov 2006
Expected Completion Nov 2008
Developer Sri Aman Development Sdn. Bhd.
Contact 03 – 7877 7128

31 Comments »

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  1. Where exactly is the apartment? Because I don’t see any land area in Paramount big enough for an apartment project. Is there any showroom available in PJ.

    Comment by excel — June 4, 2007 @ 12:38 am

  2. it’s near kampung tunku / sri aman. call the number above and they’ll give directions.

    Comment by Administrator — June 4, 2007 @ 7:21 pm

  3. i’m intersting with ur paramount view condomium..
    can u give me more detail

    Comment by Ms Ong — June 25, 2007 @ 2:35 pm

  4. you may want to contact the sales people at the number above. We are independent reviewers.

    Comment by Administrator — June 25, 2007 @ 7:43 pm

  5. Dear Sir,
    Good afternoon. I would like to know more about PARAMOUNT VIEW CONDO. Where is the show unit? May i know the webpage to view for the detail.

    TQ

    Comment by DOLLY — July 10, 2007 @ 3:33 pm

  6. Please contact the sales staff at the above number. the show unit is at the site. unfortunately as far as we know there isn’t any webpage by the developer.

    Comment by Administrator — July 10, 2007 @ 8:27 pm

  7. To all viewer,

    If you want to know more information about the paramount view condo. pls email to soonwong.wong@olb.com.my. Name Mr. Wong. He will help you all the question you want to ask.

    Thank you.

    Comment by Wong — October 10, 2007 @ 1:08 am

  8. its a good purchaise call me for booking 012-2931673

    Comment by abdul malik — October 10, 2007 @ 9:51 am

  9. ANY ONE NEED MORE INFO CAN CALL ME 0122931673 OR EMAIL ME mal75210@yahoo.com

    Comment by malik — October 10, 2007 @ 10:03 am

  10. for this project v have promotion package (PAY 1K TO GET HOME) OR FREE 2 PARKING LOT ETC. CALL ME NOW 0166202513 / 0122931673

    Comment by malik — October 10, 2007 @ 10:07 am

  11. why isn’t there any website of the developer? i though olympia is invovled in big proj like the avenue k?? strange for big co. to not have website for public to view.

    Comment by jay — January 8, 2008 @ 12:03 pm

  12. Yeah, how come there is no website? A bit outrageous right?If it is a reputable company then there should be a website for us to view the overall plan online. The condo is not even featured in i property??? WHY????

    Comment by Fioan — April 15, 2008 @ 10:17 am

  13. i’m intersting with ur paramount view condomium..
    can u give me more detail & ur paramount view conda website

    Comment by eyvone — June 14, 2008 @ 3:25 pm

  14. I enquired long before and i was informed that the purchaser needs tocome up with 10% downpyment. But now i see a banner stating RM1000/- BOOKING FEE AND 100% LOAN. wHICH ONE IS CORRECT. wHAT IS THE STATUS NOW

    Comment by yeshu — July 1, 2008 @ 1:33 pm

  15. i’m intersting with ur paramount view condomium..
    can u give me more detail

    Comment by Bryan — September 8, 2008 @ 10:34 am

  16. Is it RM 1000 for booking and 100% Loan? Just want to confirm with you.

    Comment by Bryan — September 8, 2008 @ 10:43 am

  17. Anyone can explain with me the power lines will have any effects of radiation beside the Condo?

    Comment by Bryan — September 15, 2008 @ 3:06 pm

  18. I think is should consider to extend roads to access other garden and it is good that there’s a shortcut / pathway that can directly reach to Paramount LRT station. Then it is more convenience to everybody.

    Comment by Vennia — October 12, 2008 @ 10:50 pm

  19. The developer mentioned 150m distance to LRT station, how they calculate on that? Is that shortcut or walking pathway?And i read they will build up alternative access road to condo without passing by the Taman, how truth is it?

    Comment by Chua — October 13, 2008 @ 11:16 am

  20. 150meters is definitely measured using the shortcut actoss the drain. If you’re using the current road its definitely further than that.

    Comment by Administrator — October 13, 2008 @ 1:13 pm

  21. It seen their progress is slower down a lot this few months time.
    150m direct measure across the drain ah? Means they will build up a bridge to LRT is it? :P

    Comment by chua — December 2, 2008 @ 3:52 pm

  22. wanted to ask whether still have any unit available?

    Comment by ms woo — December 17, 2008 @ 3:03 pm

  23. is there any more unit available for selling?

    Comment by Melvin — February 9, 2009 @ 10:14 pm

  24. New access road to condo going to open?

    Comment by Chua — February 10, 2009 @ 12:38 pm


  25. New Access Road to Paramount View Condo?

    Comment by Chua — February 10, 2009 @ 12:40 pm

  26. is there any unit stil available for selling?

    Comment by cs — February 18, 2009 @ 9:53 pm

  27. Try to email soonwong.wong@olb.com.my, he is the project manager there! If still available and you interested to book, go throught my name ya, then i can get some introducer gift!

    Comment by Chua — March 2, 2009 @ 2:57 pm

  28. Still got 3 more unit to let go, Price from RM250 ++, who ever interested kindly email me for further details!

    Comment by SpeedMaster — April 3, 2009 @ 11:49 am

  29. Still got 3 more unit to let go, Price from RM250k ++, who ever interested kindly email me for further details!

    Comment by SpeedMaster — April 3, 2009 @ 11:50 am

  30. Email Updated!

    Comment by SpeedMaster — April 3, 2009 @ 11:52 am

  31. some update:

    http://propertymalaysia.blogsome.com/2009/05/05/785/

    Comment by Administrator — May 5, 2009 @ 1:04 pm

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