paramount

2019年4月17日: 由百乐园产业（北马）有限公司赞助，双溪大年狮子会与苏丹阿都哈林医院联办的“2019年世界肾脏日彩虹欢乐跑”经于周六早上举行，反应出奇的好，共有2122人参与这项欢乐跑。

吉打州卫生局主任诺希占医生致词时表示，吉州肾脏病患人数节节上升，而在2015年，糖尿病患人数跃居全国第三。

他说，鉴于全球肾脏病率激增，国际肾脏病学会倡议由2006年起，定在每年3月的第二个星期四为“世界肾脏日。他并鼓励健康的人士踊跃响应捐献肾脏义举，以挽救更多需要换肾的病患。

致词者包括筹委会主席庄奕慎医生和马莫国会议员努鲁艾娜。

这项欢乐跑共分为2个组别，即是“5公里彩虹欢乐跑”（16岁以上）个人组，至于“7公里欢乐跑”（分为个人7岁以上），起点和终点是在双溪大年东部绕道的菩提岭（BUKIT BANYAN)，每位走完终点者都有机会参与幸运抽奖环节。

百乐园产业（北马）有限公司首席执行员黄汉平、林桂亿医生、庄奕慎医生和张美娟等主持挥旗礼，会上MUAMALAT银行捐献一台超音波扫描器给苏丹阿都哈密医院，而班台医院也捐献1万令吉给该医院。

欢乐彩虹跑赞助商“百乐园产业（北马）有限公司”打造的菩提岭占地520英亩，位于东部绕道黄金地段，发展总值（GDV)高达10亿令吉，除了精心打造的25英亩公园，还有8项主题园景区，四周都是被青葱翠绿山峦环抱着，置身天然美景中，每天都心旷神怡，过着写意的生活。

欲知详情，敬请浏览百乐园产业官网：

www.paramountproperty.my

04-441 3388 （销售部）

WISMA PARAMOUNT 新址：NO.1,JALAN BANYAN,08000,SUNGAI PETANI,KEDAH

Nov 3, 2019: TO FIABCI Malaysia’s Property Man of 2019, Paramount Corporation Berhad chairman and executive director Datuk Teo Chiang Quan, the timing of the award could not be better as the company is celebrating its 50th anniversary this year with the theme ‘Building a legacy for tomorrow’.

“What beautiful timing!” exclaimed Teo, 70, also known as CQ to his friends, adding that “together with my team, we have created what Paramount is today.”

Reflecting on his journey with Paramount, Teo considers it both a blessing and great honour to receive the Property Man of 2019 Award.

On the secret behind Paramount’s achievements, Teo said, “Even in our early days of property development, we ensured our homes are designed with sensitivity to homeowners’ needs while accommodating the religious and social needs of the community.”

“Quality finishing, practical use of space and functional layouts are our trademarks.

“Building with the people in mind, be it townships, stand-alone industrial, commercial or residential properties, Paramount fulfils the trust it is given through timely and ahead-of-schedule delivery of their projects,” he added.

To Teo, sustainability means delivering value to customers and employees. This is achieved by taking a long-term view in its decisions and actions while delivering value through responsible shareholder returns.

“To future proof our organisation, we adapt to industry trends,” citing how Paramount via its subsidiary, Co-labs Coworking, has innovated the business of shared working space and expanded to over 100,000sq ft in various locations in the Klang Valley.

“Paramount also believes in investing in diversity, including in younger people to bring the company forward,” he said.

Sharing the credit of his Property Man of 2019 Award with his team, Teo said the Paramount leadership team are all professionals.

His son Benjamin, 30, is the only other family member in the leadership team of his fourth-generation family business.

On the continuity of his legacy, he assured Paramount is in the good hands of his team, who are upholding the company’s vision, mission and core values, namely trust, respect, integrity, bravery and energy.

Teo said Fiabci plays an important role as the voice of the property industry. Through its various initiatives, Fiabci has highlighted outstanding designs and themes, raising project quality standards across all aspects, including workmanship, financial viability, functionality and environmental consciousness.

“Fiabci Malaysia Property Award recognises outstanding efforts in this area and inspires specialists in property development to achieve greater heights.”

Elaborating on the formula behind Paramount’s achievements, he said it is about winning the trust of both customers and employees by consistently providing quality products and services.

“Our property arm, Paramount Property has earned the reputation of being – The People’s Developer,” he said.

Paramount’s projects in north and central regions

Paramount’s (and Kedah’s too) first gated and guarded (G&G) community, Bandar Laguna Merbok in Sungai Petani, was the first project outside of the Klang Valley to win the Fiabci Malaysia Best Residential Development award. That was in 2004.

Its other award-winning township, Bukit Banyan, represents Sungai Petani’s first hillside G&G development. Expected to be completed by 2027, it also houses Paramount’s northern regional office and sales gallery, Wisma Paramount, Kedah’s first Platinumrated green building.

Teo said the trust from its buyers extends to a few generations, partly due to the synergy between Paramount’s core businesses in property and education.

Examples are Paramount’s Utropolis developments in Glenmarie, Shah Alam, and Batu Kawan, Penang, which bring two businesses into one location.

Utropolis Batu Kawan, anchored by KDU Penang University College, is viewed as a game changer for Penang.

In the central region, Paramount’s projects include Kemuning Utama, its first township in the Klang Valley with G&G precincts; and Sekitar26 in Shah Alam, where Paramount Property’s head office is located.

In Cyberjaya, Paramount has two projects – Sejati Residences and Sejati Lakeside. The former, being Paramount’s first high-end residential development, is built around the concept of inviting the outdoors in.

Its iconic clubhouse, Chengal House, built with 200-year old upcycled chengal wood, has won multiple awards, including a world Fiabci award.

Paramount’s projects in Selangor include Greenwoods Salak Perdana in Sepang, and Atwater serviced apartments and office towers in Petaling Jaya.

Some of Atwater’s residential units come with senior-friendly living features such as enlarged bathrooms that are wheelchairfriendly, besides reachable switches and handlebars.

“The apartments are 98% sold,” Teo said.

With nine on-going projects, Paramount will be busy over the next few years. In Klang, he said Berkeley Uptown, an urban regeneration project anchored by the Sri KDU International School, will be Paramount’s new frontier of mixed development. The campus will open in 2021 and be a catalyst for Klang’s regeneration.

Paramount aims to be a pure property player upon completing the divestment of controlling stakes in its education business.

“It has been an amazing journey,” quipped Teo, “and we look forward to more exciting times ahead.”

PETALING JAYA (Oct 27, 2019): The sports court of PPR Seri Cempaka public housing scheme in Pantai Dalam, Kuala Lumpur will see a total makeover very soon under the Sayangi Rumahku campaign.

The campaign began with the refurbishment of the sports court at PPR Lembah Subang 1 in Petaling Jaya, Selangor. The refurbishment was completed end-August and similar works at PPR Seri Cempaka in Pantai Dalam will commence next in early November.

The refurbishment of PPR Seri Cempaka’s sports court will convert the existing netball court into a multipurpose court that can be used for futsal and badminton as well. Additionally, there are plans to install a flexible netball post and two futsal goal posts.

The present damaged court surface will be patched up and extended significantly by 20ft to ensure greater practicality and safety for the residents of the public housing.

On top of that, the court is expected to don a fresh new coat of paint similar to that of PPR Lembah Subang 1 – showcasing colours of the Malaysian flag but with its own unique design. 

The refurbishment is estimated to take about seven weeks to complete with the help of volunteers from PPR Seri Cempaka community, EdgeProp.my, Paramount Property Development Sdn Bhd and Nippon Paint Malaysia.

Residents of PPR Seri Cempaka can look forward to a more vibrant and colourful multipurpose court that is safe to use for their healthy pursuits. 

The Sayangi Rumahku campaign is a joint effort by EdgeProp.my, Paramount Property Development and Nippon Paint Malaysia in support of the National Community Policy or Dasar Komuniti Negara (DKN) formulated by the Housing and Local Government Ministry. The DKN is aimed at improving the lives of the B40 group.

Stay tuned for more updates when work commences at PPR Seri Cempaka!

This story first appeared in the EdgeProp.my pullout on Oct 25, 2019. You can access back issues here.

PETALING JAYA (Oct 15): Paramount Property Development Sdn Bhd lauded the government’s move to lower the property price threshold for foreign ownership as this is a good way of managing market inventories while welcoming global citizens to Malaysia, thus creating vibrancy to the market. 

“Opening up the market to foreign purchasers in a controlled way is a responsible way of managing housing stock to ensure that housing is firstly built for locals but in a global economy that desires foreign investment and welcomes tourists, we also build for other world citizens,” said Paramount Property CEO Beh Chun Chong in a press statement today.

The government in its Budget 2020 which was tabled in Parliament on Oct 11, has proposed that the foreign ownership threshold be lowered to RM600,000 from RM1 million to attract foreign buyers to absorb the oversupply of high-end residential property.

Beh added that in order to effectively resolve the property overhang issue, an implementation guideline is needed for the market to react.

Paramount Property also commended Putrajaya’s proposal to revise the base year for real property gains tax (RPGT) from the current year 2000 to 2013, as this would encourage long-term property owners who are looking at upgrading their homes.

Meanwhile, Beh noted that the government is making efforts to facilitate homeownership through various measures such as the enhancement on Rent-to-Own financing, the Youth Housing Scheme and loan guarantee by Cagamas.

The government will also allocate funds for the maintenance of low and medium-cost housing which Beh sees as a commitment towards building a healthy community.

“Paramount is a strong believer in this and participates in EdgeProp’s Sayangi Rumahku campaign whereby Paramount Property has undertaken to maintain the sports courts of three public housing projects in the Klang Valley.

“The programme is meaningful and in line with our corporate vision of changing lives and enriching communities for a better world,” he stressed.

Overall, Beh described Budget 2020 as a rakyat-friendly one as there are several practical proposals that are aimed at stimulating the economy, to increase productivity and to raise the people’s income.

“Laudable is the Malaysians@Work four-pronged initiative aimed at creating better employment opportunities for youths, unemployed graduates and women who want to return to work after taking a break of more than a year,” added Beh.

Budget 2020 also proposed to raise the minimum wage to RM1,200, from RM1,100, introducing measures to lower the cost of living cost, such as reducing toll charges and addressing the pressing needs of urban dwellers.