The Effingham is a zero lot bungalow gated and guarded development which takes up a land area of 32 acres at the corner of Tengkat Bandar Utama-Persiaran Bandar Utama in Petaling Jaya. Phase 2A comprises a single row of three-storey bungalows that are located a street away from a luxuriously-equipped clubhouse and playground. These 6+1 room bungalows’ are worth RM5.6 mil.
Paisley Serviced Residences – phase 3 high-rise property with curved design and dual units
Tropicana is known to always provide lush landscaping for its developments. Paisley Serviced Residences is a phase 3 residential high-rise at Tropicana Metropark in Subang Jaya. Comprising of two towers at 28 storeys high, Paisley Serviced Residences sits on 4.29 acres with unit built-ups ranging from 601 sq ft to 1,516 sq ft. Prices start from RM672,000 onwards.
About the Developer
Tropicana Metropark Sdn Bhd is a member of Tropicana Corporation Berhad (Tropicana), one of the top ten developers in Malaysia. The company has been a frontrunner in the property scene in the country for over 20 years, where it was involved in resort-themed lifestyle developments.
Incorporated in 1979, Tropicana Corporation Berhad is involved in a string of diversified businesses namely property and resort development, property investment, resort operations and investment holding. Tropicana became listed on the Main Board of Bursa Malaysia in 1992. Today, 90% of Tropicana’s revenue stem from property development.
In the course of the company’s nearly 40 years history, Tropicana emerged as a name that is synonymous to the founder of resort-themed developments in Malaysia with 625 acres Tropicana Golf and Country Resort.
Landed Residential Projects: Tropicana Indah Resort Homes Petaling Jaya, Tropicana Heights Kajang, Tropicana Aman Kota Kemuning,
High-rise Residential Projects: Tropicana The Residences at KLCC,
Recent Mixed Residential and Commercial Projects: Tropicana Metropark Subang Jaya
Awards/Accolades:
- BCI Top Ten Developers Award 2016
- Awarded at the Asia Pacific Property Awards 2016 under Commercial Landscape Architecture Malaysia Category for Tropicana Aman’s Sales Gallery in Kota Kemuning
- Brand Laureate Special Edition World Awards 2015
- Awarded Bronze at The Putra Brand People’s Choice Award 2015
- 5-Star award for Tropicana Gardens, Kota Damansara under Best Mixed-Use Development at Asia Pacific Property Awards 2015
Property Details
Property Name: Paisley Serviced Residences @ Tropicana Metropark
Property Type: Serviced Residence
Furnishing: Non-furnished
Land Size: 4.29 acres
Land Tenure: Freehold
Land Title: Commercial
No. of Towers: 2
No. of Storeys: 27 and 28
No. of Units:
- 329 (Tower A)
- 258 (Tower B)
No. of Lifts:
- 8 per floor (Tower A)
- 5 per floor (Tower B)
Build up: 601 sq ft – 1,516 sq ft
Unit Type:
- Type A1 and A2 (1+1, 601 sq ft – 646 sq ft)
- Type B1, B2, B3, and B4 (2+1, 914 sq ft – 976 sq ft)
- Type C1, C2, C3, C4 (3+1, 1,300 sq ft – 1,369 sq ft)
- Type C5 (3+1, 1420 sq ft – 1,490 sq ft)
- Type C6 and C7 (3+1, 1,491 sq ft)
Selling Price: RM672,000 – RM1,744,800
Price per sq ft: RM750
Maintenance Fee: RM0.33 psf
Bumi Discount: 7%
Security Features: 5 tiers
Expected Date of Completion: December, 2020
Approving Authority: Majlis Perbandaran Subang Jaya
Developer: Tropicana Metropark Sdn Bhd (412231-X) – A member of Tropicana Corporation Berhad
Address: Level 10 – 12, Tropicana City Office Tower, No. 3, Jalan SS20/27, 47400 Petaling Jaya, Selangor
Property Gallery: No. 1, Jalan Delima 1/1, Subang Hi-Tech, 40000 Subang Jaya, Selangor
Contact Number: 1700 81 8887 / 03-5636 6888
Operating Hours: 9.30 am – 6.30 pm
Email address: enquiry@tropicanacorp.com.my
Awards:
The developer, Tropicana Corporation has won multiple property accolades during the PropertyGuru Asia Property Awards (Malaysia) 2020 event such as:
- Winner: Best Developer
- Highly Commended: Best Mega Township Developer for Tropicana Aman development
- Winner: Special Recognition for ESG (Environmental, Social, Governance)
Project Details
Launched in the third quarter of 2016, Paisley Serviced Residences is the third residential high-rise in Tropicana Metropark. There are two residential towers of 27 and 28 storeys. Standing slightly higher than Tower B, Tower A accommodates 329 units with 14 units on every floor. Tower A is a curved building whereas Tower B is a straight building.
Tower A is also surrounded by the more than 40 facilities available at Paisley Serviced Residences. Among the greatest highlights of its facilities are the 3-storey sky gym and 3 sky terraces.
Tower B stands at 27 storeys high and will be home to a total of 258 units and accommodates 11 units per floor serviced by 5 lifts. Type of units range from 1+1 bedroom to 3+1 bedroom with built-ups ranging from 601 sq ft to 1,519 sq ft.
The 1 bedroom units have built-ups of between 601 sq ft to 646 sq ft. The size of the 2 bedroom units are sized between 914 sq ft to 976 sq ft. There are more choices for the 3-bedroom apartments as the built-ups range from 1,300 sq ft to 1,491 sq ft.
At this point in writing, units are selling at a price range of RM600 per sq ft to RM750 per sq ft.
Amongst all the high-rise residences in Tropicana Metropark, Paisley Serviced Residences has the most central location, right across from the biggest highlight of this development – the 9.2-acre park and lake. It has the widest view of this park and lake as well, with connection to water and greenery.
Artist’s impression of the centrally-positioned park and lake (Photo source: www.tropicanametropark.com.my)
The security level in this mixed integrated development is 5 tiers. There is the access card, 24-hour patrolling, intercom and guardhouse.
In 2013, Tropicana Metropark was awarded 5-Star rating for Best Mixed Use Development Award (Malaysia) at the Asia Pacific Awards.
The overall design concept of Tropicana Metropark also garnered an award under Commercial Landscape Architecture Malaysia at Asia Pacific Property Awards 2014/2015 season.
Location
Among all the high-rise residences, Paisley Serviced Residences has the most central location in Tropicana Metropark, right across the lake and park. Tropicana Metropark is an integrated development spanning 88 acres. Its location in Subang Jaya is nestled 750 metres from the Batu Tiga toll plaza and adjacent to Federal Highway.
The Tropicana Metropark project site is nestled at the corner of Persiaran Subang and Jalan Delima 1/1. The nearest other property that is located in close proximity to this development is USJ Heights, which is located about 1.3 km away.
This is a landed property in the nearby USJ 3D housing area. Tropicana Metropark can be easily mistaken as belonging under Shah Alam since it is located 1.6 km away (via Persiaran Teknologi Subang) from Central Sugar Refinery in Batu Tiga in Shah Alam.
The ELITE highway seems to act as the unofficial border between Subang Jaya and Shah Alam. The ELITE highway is connected to several other major highways namely North-South Highway [E1] and Guthrie [E35].
The difference here is that Tropicana Metropark falls under the jurisdiction of Subang Jaya instead of Shah Alam.
Neighbouring this development is Subang Hi-Tech. Companies located here include Times Publishing Group (which is located opposite Makan Makan Batu Tiga), Rex Plastics Sdn Bhd, Fujikura (M) Sdn Bhd, and Canon Machinery Sdn Bhd. which happens to be located opposite Makan Makan Batu Tiga.
Nearby this development is USJ Heights, a mainly landed property project. The next nearest housing areas include Subang Heights and Taman Mutiara Subang.
The nearest major highway is Federal Highway where motorists can enter via Persiaran Teknologi Subang. Persiaran Jubli Perak is parallel with Persiaran Teknologi Subang.
The new link bridge (from Federal Highway to Tropicana Metropark) starts after the Batu Tiga toll plaza and is estimated to be completed in the first quarter of 2017.
Analysis
Price Analysis
Name of development | Land Tenure | Property Type | Built up (sq ft) | No. of Units | Maintenance price per sq ft | Selling price |
Putra Residence, Putra Heights | Freehold | Serviced Apartment | 450 sq ft – 1,539 sq ft | 340 | RM0.40 | RM398,888++ |
The Greens Subang West | Freehold | Condominium | 915 sq ft – 1,184 sq ft | 646 | RM0.25 | RM568,800++ |
Arte Subang West | Leasehold | Condominium | 864 sq ft – 981 sq ft | 355 | RM0.20 | RM400,000++ |
Paisley Serviced Residences, Subang Jaya | Freehold | Serviced Apartment | 601 sq ft – 1,516 sq ft | 587 | RM0.33 | RM672,00 ++ |
Rental for high-rise units start from RM1.62 psf, particularly in Section 13 Shah Alam.
Summary
Paisley Serviced Residences differentiates itself with clear cut and efficient layouts. Units are also crafted to maximize space planning, at the same time, invite in vistas and maximize natural lighting as much as possible. Units also come with or without a balcony, depending on your preferences. Unit layouts to choose from range from a 1 bedroom to a 3 bedroom, as well as curved design units or dual key units.
Facilities that stand out exclusively for future residents of Paisley Serviced Residences are a 3-storey gym and triple sky terraces. There is also a squash court and Olympic-sized pool thrown in for variety, among others.
Occupying a land size of 4.29 acres, Paisley Serviced Residences commands a most centralised location. This affords for the widest views and easy access to water and greenery.