Sale Price *
Average
RM 526 psf
Range
RM 504 - 548 psf
Rental Price **
Average
N/A
Range
N/A
Rental Yield **
5.89%
Rental income expressed as a percentage of the property's value.
Sale Price *
Average
RM 526 psf
Range
RM 504 - 548 psf
Rental Price **
N/A
Range
N/A
Rental Yield **
5.89%
Rental income expressed as a percentage of the property's value.
Paramount Utropolis, Glenmarie Insights
| Developer | :Paramount Property (Glenmarie) Sdn Bhd |
| Architect | : |
| Main Contractor | : |
| Land Size (sqm) | : |
| GFA (sqm) | : |
| Plot Ratio (Incl. Bonus) | : |
| Project Name | :Paramount Utropolis |
| Street Name | :Jalan Kontraktor U1/14, 40150, Selangor |
| Postal Code | :40150 |
| Property Type | :Hotel/Service Apartment |
| Tenure | : |
| District/Planning Area | :Glenmarie |
| Completion | :N/A |
| Number of Landed Units | :0 units |
| Number of Non Landed Units | :1463 units |
| Sold Price Range/Average* | :RM 504 psf - RM 548 psf / RM 526 psf |
| Leased Rental Range/Average** | : |
| Implied rental yield** | :5.89% |
| Historical High | :RM 825 psf in Aug 2018 for a 1,030-sqft unit |
| Indicative Average Price from Historical High | :% |
| Historical Low | :RM 95 psf in May 2016 for a 944-sqft unit |
| Buyer Profile by Residential Status | : |
| Buyer Profile by Purchaser Address | : |
*Based on transactions in the last 48 months.
**Based on asking rental data in the last 12 months. May not be representative.
Amenities
24-hour Security
Car Park
Swimming Pool
Fitness Centre
Park and Garden
Mosque/Surau
Reading Room
OthersAbout This Project
**##Review##**
Once known as an industrial area, Glenmarie has seen some redevelopment projects taken place and has changed the area scape into a more upcoming commercially viable area with Paramount Utropolis being one of them.
Paramount Utropolis, Glenmarie is the developer’s first integrated development combining residential, commercial and education elements. Anchored by KDU University College, the development caters to a diverse group of residents primarily students and young working adults.
The development hosts 1,035 serviced apartments, 428 lifestyle suites and 120,000 sq. ft. retail podium. The serviced apartments built ups range between 797 sq. ft. and 1,202 sq. ft. while the lifestyle suites ranges between 447 sq. ft. and 635 sq. ft.
The development also offers condo facilities which are shared per every two blocks for a seamless integration between lifestyles. Paramount Utropolis also includes a 4-star hotel “Mercure”, a 230-key hotel by AccorHotels.
**##Our verdict##**
Since its launch in 2013, the development has received good responses from both homeowners and investors alike as the development is strategically located next to KDU University College.
Sales Transaction of Paramount Utropolis
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