Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
A beautiful illustration of Par 3’s town villas
Par 3 is an upcoming luxurious residential development that is located in the prestigious township of IOI Resort City. It is named after a Par-3 holes golf course and features a unique blend of majestic condominiums and town villas. Scheduled to be launched in the first quarter of 2017, this project sits in a self-sustaining township that comes fully equipped with classy office towers, modern commercial centres and elegantly built homes.
As a highly prestigious resort city, it is also home to the super-regional mall known as IOI City Mall, which is one of the largest malls in Klang Valley. With a total built-up area of over 1 million sq ft for its first phase, this massive shopping mall is set to rival Mid Valley Megamall as a major tourist attraction in the future. Along with its enchanting golf courses, expect to live life glamorously and elegantly in Par 3.
Developers Details
Previous Property Development Projects: IOI Resort City, Putrajaya Marriot Hotel & Spa, Palm Garden Hotel, IOI Palm Villa Golf & Country Resort
Current Property Development Projects: Conezion, Par 3, The Clio Residences, PJ Midtown
Awards / Achievements: 2016 Malaysia Landscape Architecture Awards, 2016 Design Business Chamber Singapore, 2016 ParGolf People’s Choice Award, 2016 StarProperty.my Award, 2015 BCI Asia
About:
The developer for Par 3 is IOI Properties Group. They are one of the leading property developers in Malaysia with a well proven track record of developing commercial and residential projects. Since their inception 30 years ago, they have developed many successful townships in high growth corridors such as Klang Valley, Penang and Southern Johor in Malaysia.
Currently, they are embarking on property developments in China and Singapore and plan to launch new projects in emerging townships such as Bangi, Sepang and Negeri Sembilan. Over the years, they have also been awarded with a number of accolades such as FIABCI, BCI Asia, The Edge Malaysia, Asia Pacific Property Awards, and the Building and Construction Authority (“BCA”) in Singapore. In the end, Par 3 shall not disappoint with IOI Property Group at the helm.
Property Details
A detailed illustration of IOI Resort City and its developments
Address: IOI Resort City, Putrajaya
Property Type: Condominium, Town Villa
Land Title: Residential
Tenure: Freehold
Bumi Discounts: 7%
Sales Gallery: IOI Galleria @ IOI Resort City, Two IOI Square, IOI Resort, 62502 Putrajaya
Site GPS Coordinates: 2.965669, 101.7185623
Website: http://www.ioiproperties.com.my
Expected Date of Completion: 2019
Total Units: 207 units of condominiums, 18 units of town villa
Listing Price: RM976,000 onwards
Price per Sq. Ft.: RM750
Maintenance Fee per Sq. Ft.: TBC
Parking Bay per Unit: 2 / car porch
Facilities & Amenities:
- Gym room
- Swimming pool
- Wading pool
- Barbeque garden
- Games room
- Hammock garden
- Kindergarten
- Multipurpose hall
Special Features:
- Features an exclusive residential development with Town Villas and Condominiums
- Includes top class facilities and amenities
- Features an integrated development within an integrated development
- Located within a prestigious and highly sought after township
- Located near to the future High Speed Railway that will connect Putrajaya to Singapore
- Includes attractive rebates and promotional packages
Development Type:
Parcel A: Town Villas
Parcel B: Condominiums
Unit Type: Condominiums (1,220 sq ft – 1,625 sq ft)
Townhouse Villa (1,597 sq ft- 2,171 sq ft)
Project Details
The construction site and progress of Par 3
Par 3 is an upcoming exclusive mixed residential project that is located next to the Puteri Palma Condominiums. Unlike the latter, it is a very low density development that consists of just a single block of 32 storeys residential tower with 207 units of condominiums. Interestingly, the project will also feature a limited number of majestic town villa units with a beautiful golf vista within its compound- 18 units of them to be exact. Both the condominium and town villa units will possess a freehold title and they aim to deliver a unique and sophisticated living experience to buyers.
A breath-taking view of the Palm Garden golf course
As mentioned earlier, this classy enclave was named after a Par-3 golf course, which is a turf that usually consists of 9 or 18 holes with the shortest distance to the standard tees. Because it is a part of the golf course, its name might have been used to represent its strategic position within the golf course and its uncompromising view of the green terrains. Nonetheless, buyers will certainly be delighted to stay here, especially if they are a fan of the sport or fancy a blissful and eco-friendly residence.
Par 3’s neighbour, the Puteri Palma Condominiums
Meanwhile, the project is scheduled to be launched in the first quarter of 2017 and is estimated to be completed by Year 2020. The great thing about this project is that it will be tucked away from the hustle and bustle of the city centre but close enough to be easily accessible by it.
As such, buyers will be able to enjoy the best of both worlds, along with a host of top class facilities such as swimming pool, wading pool, gymnasium, barbecue garden, games room, hammock garden, kindergarten, herb garden, landscaped deck and multipurpose hall. What’s more, they will also be presented with 2 free parking bays to ease their visitation and stay.
Exterior & Interior
Par 3’s voguish facade
Stylish and contemporary is the best way to describe Par 3. It features a simple but very elegant façade, while it exudes class and confidence through its interiors. Inside, buyers can expect to find high quality floor finishes such as porcelain and ceramic tiles, in addition to full sanitary and plumbing finishes. However, no detailed furnishings have been revealed so far, but one can only speculate that free air-conditioners and fans will be part of the sales package.
Floor Plan
As for the floor plans, there is not much information currently available either. However, the developer has stated that there will be 2 major layouts for this project – the first will be a condominium unit which will consist of a built-up area ranging from 1,220 sq ft to 1,625 sq ft, while the second would be its town villa units which will incorporate a built-up area of 1,597 sq ft to 2,171 sq ft.
Each unit will be served by a private lift that is shared by 4 units for the condominiums and 2 units for the town villas, although an additional lift will be provided for the condominiums units to help ease the congestion.
Location
Located at the hinges of Putrajaya, Par 3 is the latest addition to the prestigious township of IOI Resort City. It is situated in an extremely strategic location that is sandwiched between various interesting places such as shopping malls, entertainment outlets, learning institutions and healthcare centres. From here, it will only take less than 20 minutes to drive to Puchong, while it would take even less if is Kajang or Cyberjaya instead. In fact, it is also situated very closely to the city centre, where it will only take roughly 25km or a half an hour’s drive to get there.
Entrance to the award winning Palm Garden Golf Club
The best part about this township is its top class facilities and amenities. Featuring the award winning Palms Garden Golf Club, residents and visitors alike can have the chance to putt in one of the best golfing venues in Malaysia. Those who are not a member though, can still gain access to its world class facilities as the club is open to the public through a pay-to-enter scheme.
The slick and contemporary IOI City Mall
In terms of pleasure and leisure, the township boasts one of the largest shopping malls in Klang Valley and Malaysia, which is the IOI City Mall. Here, visitors can find a wide array of shopping and dining selections ranging from designer labels, fancy restaurants, hipster cafes and many more. There is even an Olympic sized ice skating rink and a 70,000 sf indoor amusement park included for those who are actively seeking for thrills. Otherwise, residents can also look to shop elsewhere with The Mines Shopping Mall and Alamanda Putrajaya located nearby.
An enchanting view of the Diamond Hills residency
While the city is well known for its hospitality and tourism, it is also recognised as a top destination when it comes to serene and luxurious living. In this case, Diamond Hills is a perfect example of how life can be extraordinary in this resort world city.
It is just unfortunate that the bungalow lots and units are not open for sale, as they are being reserved and occupied by the honourable founder of IOI Group, Tan Sri Dato’ Lee Shin Cheng and his family. However, there are several other wonderful accommodation options available in the city such as its classy condominiums and ritzy 4-5 star hotels, if one truly desire to stay here.
A smooth and traffic-free road along IOI Resort City
Accessibility wise, it is excellent in Par 3 and IOI Resort City as they are linked to a series of well-established highways such as the South Klang Valley Expressway (SKVE), North-South Expressway (NSE), Damansara- Puchong Highway (LDP), Maju Expressway (MEX) and several others. There’s even the Putrajaya Express Rail Link (ERL) Station located within the vicinity, which is directly connected to the Kuala Lumpur City Centre (KLCC) and Kuala Lumpur International Airport (KLIA).
Analysis
| Name | Tenure/ Land Title | Price (per Sq. Ft.) | Maintenance Fee (per Sq. Ft.) | Car Park Bays |
| Par 3 (IOI Properties) | Freehold / Residential | RM750 | TBC | 2 units |
| The Clio Residences (IOI Properties) |
Freehold/ Commercial | RM650 | RM0.33 | 2 units |
At a starting price of roughly RM800,000, Par 3 is going to be rather pricey place to buy. Nonetheless, it should have no problem drawing the crowds due to its exclusivity and strategic position within the township.
In fact, the developer is also offering very attractive and generous promotional packages to them, such as rebates on the purchase price and free SPA and loan legal fees. For those who wish to defer their instalment payments, they can also do so through its “Buy Now Pay Later” scheme. It allows the balance of deposit and differential sum up to 30% of the purchase price to be deferred up to 24 months or upon vacant possession.
Summary
The masterplan of IOI Resort City
IOI Resort City is well known to be a beautiful and prestigious township. However, it still lacks proper infrastructures and residential developments to be called an established one. That will soon change as it is undergoing a major transformation with new residential and commercial projects being launched. And at the centre of the attention will be Par 3.
Consisting of a limited number of condominium and town villa units, this exclusive project is set to provide a majestic place to stay for those who are eying to relocate here. It will also feature an unobstructed view of the golf course and plenty of class amenities and facilities as part of its charm. So, those who wish to recluse from the hectic lifestyle of the city centre or just want to stay in a luxurious township will find Par 3 a very interesting buy.
