Building & Investment (Jan - Feb 2016) (Jan - Feb 2016) | Page 18

Project Highlight

Paramount Utropolis – an integrated
township built around an academic hub
Paramount Property’s new project in Shah Alam offers residential units with
dual-key access amid a university metropolis.
PARAMOUNT UTROPOLIS is an integrated
development spanning 21.7 acres of freehold
land in Glenmarie, Shah Alam.
Anchored by the 10-acre flagship campus
of KDU University College, Paramount
Utropolis is Glenmarie’s first university
metropolis offering a complete live-and-learn,
work-and-play concept with all the benefits
that a learning environment creates.
For the developer, Paramount Utropolis
marks the first time two businesses of
property and education have come together
in one place – a perfect example of the
synergies that these two businesses can enjoy.
A university metropolis is a self-sustainable
address that never grows old as there will be
a steady influx of students. Meanwhile, the
Utropolis community will enjoy spillover
benefits from a myriad of activities in the
KDU campus environment.
The self-sustained township will offer
components like: SOHOs and serviced
apartments with a dual-key option whereby
the owners can enjoy their own space
while renting out a portion of their unit for
additional rental income; and the Utropolis
Marketplace – 120,000 sq ft of retail space
opening around the second quarter of 2016.
Paramount is currently launching Tower
D (under Phase 2B) with 117 serviced
14 Building & Investment | www.b-i.biz