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Investment PARADIGM RESIDENCE JOHOR BAHRU, Property for Investment

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TSshimis27
post Nov 1 2019, 12:20 PM, updated 7y ago

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What do you guys think about this project? Am thinking of purchasing a unit for investment purposes and sell it off after 3-5 yrs. Completion date is 2022. 962 sq ft - RM 695K (2 Bedroom + 1 study room + 2 bathroom. Appreciate any inputs. Thanks!


WCT unveils Paradigm Residence Johor Baru

Friday, October 4th, 2019


WCT Land Sdn Bhd, a subsidiary of WCT Holdings Bhd, an engineering, construction and property company is set to welcome Paradigm Residence Johor Baru (JB) — a service residence in Paradigm JB.
The highly anticipated residence was launched on Sept 28, 2019, at WCT Property Gallery, Paradigm Mall, JB.
Encompassing 13 acres (5.26ha), the development is one of the largest real estate projects in JB and is the first step towards the greater development opportunity that will unfold in JB.
This integrated development comprises the seven-storey Paradigm Mall, one of the largest regional malls in Johor that opened in late 2017 and offers over 400 retail shops on 1.3 million sq ft of retail space and 4,200 carpark bays, as well as a 200-room hotel to be known as Hyatt Place JB. It is set to open in 2022.
WCT Land CEO of property development Ong Chou Wen said in a statement: “Over the years, JB has grown tremendously into a booming commercial and residential hub due to the influx for investments and other key developments.
“We believe the addition of Paradigm Residence as a component to Paradigm JB combines the best option of living and leisure in this locale. Paradigm Residence will provide future residents an unparalleled convenience of play, recreation and work at their doorstep within an enviable location, one-stop convenience and unrivalled infrastructural connectivity.”
Paradigm Residence has a total of 263 freehold service suites that is created with the idea of combining comfort, elegance and luxurious elements, including marble-themed designs from the lobby to its corridors.

The residence features four layouts options — from one to three-bedroom suites, ranging from 530 sq ft to 1,123 sq ft.
Every floor comprises 12 units, served by a bank of five lifts that seamlessly connect Paradigm Mall from the residence, as value-added convenience for its residents.
Each unit is fitted with kitchen cabinets, hood and hob, water heater for all bathrooms and air-conditioners.
Residents and visitors enjoy three-tiered access control and private parking bays, providing privacy and security.
Paradigm Residence has numerous amenities which include a spacious pool-side lounge, a 25m infinity pool, a wading pool and a fully equipped gymnasium.
The residence also boasts of facilities like games room, reading room, function rooms and childcare spaces for the leisure and convenience of its residents.
Upon arrival, residents will be greeted by a secure and extrinsically designed reception area to suit the l ifestyle of urbanites.
“At WCT Land, we prioritise convenience and connectivity without compromising on elegant design language that speaks for the urban lifestyle.
“Therefore, this integrated development will combine numerous high-quality offerings in one location, ensuring residents and visitors to have peace of mind no matter the time of day. It’s not just about building homes anymore, but curating a desirable lifestyle for an increasingly discerning market,” Ong added.
Situated within a 10-minute drive from JB City Centre, Paradigm Residence has direct access to major highways, including the Skudai Highway, Pasir Gudang Highway, North-South Highway and Second Link Expressway.
It is also conveniently located within reach of various amenities, including education, healthcare, popular attractions and the Senai International Airport.
Paradigm Residence are priced from RM318,000 to RM843,000. The residence is also open for sale to foreigners from an attractive RM541,000 onwards. Terms and conditions apply. For more enquiries or viewing appointments, visit www.paradigm-residence.my.

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This post has been edited by shimis27: Nov 1 2019, 07:07 PM
TSshimis27
post Nov 1 2019, 06:59 PM

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Guys, Is this property still worth to invest? your input would be greatly appreciated.
Babizz
post Nov 1 2019, 07:16 PM

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Is that nett or gross pricing
SUSscarypoolparty
post Nov 1 2019, 08:08 PM

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After the china wave now its malaysia wave start to buildx3 again in jb?

Overhang is fake news.
TSshimis27
post Nov 1 2019, 10:43 PM

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QUOTE(Babizz @ Nov 1 2019, 07:16 PM)
Is that nett or gross pricing
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Gross price. 695k is for high floor (29th floor). Middle floor priced at ard 610+ if im not mistaken. Free SPA Legal Fee & disbursement. Free stamp duty & disbursement. Down payment $5,000 only. Partially furnished unit *Aircond to Living, Dining and all Bedrooms, Kitchen cabinet with hob and hood, Instant water heater with rain shower in Master bathroom, Shower screen to all Bathrooms and Solid timber flooring to all Bedrooms.

The construction is expected to begin by year end and to be completed by 2022. Hotel Hyatt Place will be built next to the apartment and it will open in 2022 as well. More thn 70 per cent of the units already sold up since the launch in sept. So there are just few more units left to grab. This will be for my investment purposes, which im planning to sell it off after 5-7yrs.

This post has been edited by shimis27: Nov 1 2019, 10:54 PM
Babizz
post Nov 5 2019, 01:09 PM

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Tough to say. Best to seek local advice.
nexona88
post Nov 5 2019, 08:59 PM

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from looks of it..
seems like kinda high side pricing...

but don't worry. sure would sell one since it's sure bought by Singaporean tongue.gif
plouffle0789
post Nov 10 2023, 12:24 PM

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QUOTE(shimis27 @ Nov 1 2019, 12:20 PM)
What do you guys think about this project? Am thinking of purchasing a unit for investment purposes and sell it off after 3-5 yrs. Completion date is 2022. 962 sq ft - RM 695K (2 Bedroom + 1 study room + 2 bathroom. Appreciate any inputs. Thanks!
WCT unveils Paradigm Residence Johor Baru

Friday, October 4th, 2019
WCT Land Sdn Bhd, a subsidiary of WCT Holdings Bhd, an engineering, construction and property company is set to welcome Paradigm Residence Johor Baru (JB) — a service residence in Paradigm JB.
The highly anticipated residence was launched on Sept 28, 2019, at WCT Property Gallery, Paradigm Mall, JB.
Encompassing 13 acres (5.26ha), the development is one of the largest real estate projects in JB and is the first step towards the greater development opportunity that will unfold in JB.
This integrated development comprises the seven-storey Paradigm Mall, one of the largest regional malls in Johor that opened in late 2017 and offers over 400 retail shops on 1.3 million sq ft of retail space and 4,200 carpark bays, as well as a 200-room hotel to be known as Hyatt Place JB. It is set to open in 2022.
WCT Land CEO of property development Ong Chou Wen said in a statement: “Over the years, JB has grown tremendously into a booming commercial and residential hub due to the influx for investments and other key developments.
“We believe the addition of Paradigm Residence as a component to Paradigm JB combines the best option of living and leisure in this locale. Paradigm Residence will provide future residents an unparalleled convenience of play, recreation and work at their doorstep within an enviable location, one-stop convenience and unrivalled infrastructural connectivity.”
Paradigm Residence has a total of 263 freehold service suites that is created with the idea of combining comfort, elegance and luxurious elements, including marble-themed designs from the lobby to its corridors.

The residence features four layouts options — from one to three-bedroom suites, ranging from 530 sq ft to 1,123 sq ft.
Every floor comprises 12 units, served by a bank of five lifts that seamlessly connect Paradigm Mall from the residence, as value-added convenience for its residents.
Each unit is fitted with kitchen cabinets, hood and hob, water heater for all bathrooms and air-conditioners.
Residents and visitors enjoy three-tiered access control and private parking bays, providing privacy and security.
Paradigm Residence has numerous amenities which include a spacious pool-side lounge, a 25m infinity pool, a wading pool and a fully equipped gymnasium.
The residence also boasts of facilities like games room, reading room, function rooms and childcare spaces for the leisure and convenience of its residents.
Upon arrival, residents will be greeted by a secure and extrinsically designed reception area to suit the l ifestyle of urbanites.
“At WCT Land, we prioritise convenience and connectivity without compromising on elegant design language that speaks for the urban lifestyle.
“Therefore, this integrated development will combine numerous high-quality offerings in one location, ensuring residents and visitors to have peace of mind no matter the time of day. It’s not just about building homes anymore, but curating a desirable lifestyle for an increasingly discerning market,” Ong added.
Situated within a 10-minute drive from JB City Centre, Paradigm Residence has direct access to major highways, including the Skudai Highway, Pasir Gudang Highway, North-South Highway and Second Link Expressway.
It is also conveniently located within reach of various amenities, including education, healthcare, popular attractions and the Senai International Airport.
Paradigm Residence are priced from RM318,000 to RM843,000. The residence is also open for sale to foreigners from an attractive RM541,000 onwards. Terms and conditions apply. For more enquiries or viewing appointments, visit www.paradigm-residence.my.

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When can completed?

Hyatt Place Johor Bahru Paradigm Mall already open lor


 

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