Paramount opens Sejati by the Lake preview in Shah Alam, 252 double-storey homes from RM850,300
Paramount Corp Bhd's Sejati by the Lake in Cahaya SPK, Shah Alam, is open for preview with its sales gallery and show unit. The leasehold strata development comprises 252 double-storey terraced homes, with indicative prices from RM850,300 and an estimated GDV of RM236.6 million.
PETALING JAYA (Oct 31): Paramount Corp Bhd's Sejati by the Lake in Cahaya SPK, Shah Alam, is open for preview, with its sales gallery and show unit available for walk-in visits, the developer said. The leasehold strata development comprises 252 double-storey terraced homes on 19.32 acres, with indicative gross selling prices from RM850,300. Developed by Paramount subsidiary Prima Kuasa Sdn Bhd, it has an estimated gross development value of RM236.6 million.
Each home has a built-up area of 1,885 sq ft and four bedrooms with en suite bathrooms. Standard lots measure 20ft by 65ft, with additional land for end and corner units. The project comprises 196 intermediate units, 34 end lots and 22 corner lots. An existing 16-acre public lake park is about a 150m walk from the project entrance, according to the developer. The park has jogging, walking and cycling paths, gazebos and picnic areas.
Paramount said its internal market study identified demand for landed homes among families in surrounding neighbourhoods within approximately five to 15 km. Target buyers include married couples with young or growing families seeking their first landed home, upgraders moving from apartments or older terraced houses, and young couples planning for future family needs. Paramount deputy group CEO Beh Chun Chong said the company uses feasibility studies, market analysis and data to assess locations, demand, competing supply and changing buyer needs. “This helps us determine what to build, the appropriate product positioning and timing,” he said in a written response.
The homes are designed with an adaptable open-plan ground floor and a separate upstairs family hall. Planned provisions include an electric vehicle charger isolator point and conduits for solar photovoltaic installation. Plans for the gated and guarded development include green laneways behind the homes, dedicated walkways, 4.3 acres of landscaping and a 2.5km jogging, walking and cycling route.
Facilities for residents will include a community centre, kindergarten, surau, multipurpose court, playground, outdoor fitness stations, rock-climbing slope, amphitheatre and pavilion. The developer said these would be ready upon project completion and handover. The developer said the development is designed to achieve GreenRE certification. Indicative monthly maintenance charges, including a 10% sinking fund contribution, range from approximately RM190 to RM380, depending on unit type. The developer's Sept 22 factsheet estimates completion in 4Q2029.
Access is via Persiaran Mokhtar Dahari and Jalan Jingga, with connections to the Damansara-Shah Alam Elevated Expressway and Guthrie Corridor Expressway. Paramount Property Gallery @ Sejati By The Lake accepts walk-in visitors from 9am to 6pm on weekdays and 10am to 6pm on Saturdays and Sundays.
