Panorama Residences

Panorama Residences Location

Nestled in SS7 of Kelana Jaya, the Panorama Residences rests amidst the biggest cities in Malaysia. With multiple highways branching out, residents can easily travel from city to another through the linking expressways. Kelana Jaya’s radius comprises mature neighbourhoods such as Seapark, Taman Mayang, and Taman Universiti, suitable for buyers looking for a peaceful yet fast-paced lifestyle.

Being in the suburbs of Petaling Jaya, Panorama Residences is surrounded by various metropolitan towns; via the Damansara-Puchong Highway, Kuala Lumpur is reachable by 15 minutes. Puchong and Bandar Kinrara are located in the South, less than 15 minutes away from the residence. On the other hand, the township of Sungai Buloh, located in the North of Petaling Jaya, can be reached within 20 minutes. To the West, Shah Alam will only be a short drive of 13 minutes using the New Klang Valley Expressway, and Subang Jaya can be reached in 15 minutes through the Federal Highway. Being a stone’s throw away from the leading business, commercial, and entertainment hubs contributes to the increasing property value in the area of SS7 over the years. Plus, the stellar neighbourhood of Panorama Residences has a strategic location combined with high accessibility levels, making it all the more attractive to potential homeowners and investors alike.

Connectivity

Situated in Kelana Jaya, the Panorama Residences grants ease of access with multiple major highways, including the New Klang Valley Expressway (NKVE), Federal Highway, and the Damansara-Puchong Expressway. All-round connectivity is made seamless through the public transportations available as well – two LRT lines, the LRT Kelana Jaya Line and LRT Line 3, covers a large area for residents to get around and explore. On top of that, the LRT stations are a walking distance as well, with a short stroll of a mere 300 metres. For those who opt to use the train station, KTM Seremban line with Seri Setia and Subang Jaya stations conveniently are placed around Panorama Residences. The upcoming LRT line Bandar Utama to Klang is in the completion stages and will be available to Kelana Jaya residents soon, giving future residents doorstep access to numerous public transportations.

Convenience

The architecture marvel is carefully thought out and designed – making it a high-rise wonder that stands tall in the Kelana Jaya district. The Panorama Residences has one too many conveniences for the comfort of its residences. The homeowners of the Panorama Residences can reap the benefits of accessibility to countless parks, schools, medical centres, business hubs, and more. The skyrise brings great news for parents, working-class, and millennials alike, given how various conveniences are scattered over the town, which only requires a short ride to and fro.

Residents do not have to fret about health care; there are four different medical centres: Kelana Jaya Medical Centre, Subang Jaya Medical Centre, Sunway Medical Centre, and the Ramsay Sime Darby Medical Centre located in the vicinity. On top of that, other medical facilities, such as clinics, dental practices, and even vet clinics, are found at various locations surrounding the Panorama Residences.

Recreational parks with lush greeneries are also available close by, such as the Kelana Jaya Lake, a vast, man-made lake and a trail for leisure time with the whole family. And for golf enthusiasts, there are three different golf and country clubs not far from each other, making the Panorama Residences home to a golfer’s paradise. As for shopaholics, the best entertainment and commercial hubs are within reach, malls, such as the Paradigm Mall, Empire Gallery, Sunway Pyramid, and One Utama Shopping Centre are at the resident’s disposal for a unique shopping experience.

Here is a non-exhaustive list of the many conveniences surrounding Panorama Residences:

Recreation

• Kelana Jaya Lake & Park
• Subang National Golf & Country Club
• Glenmarie Golf & Country Club
• Saujana Golf & Country Club

Shopping

• Paradigm Mall
• Empire Shopping Gallery
• Subang Parade
• Citta Mall
• Sunway Pyramid
• 1 Utama Shopping Centre

Medical

• Kelana Jaya Medical Centre
• Subang Jaya Medical Centre
• Sunway Medical Centre
• Ramsay Sime Darby Medical Centre​

Education

• Lincoln University College
• Sri KL International
• Inti International College
• Sunway University
• Monash University
• Taylor’s University

Panorama Residences Floor Plan

The Panorama Residences towers majestically, amidst the green scenery of the golf resorts and parks, coupled with a beautiful landscape that mirrors the nearby lake. Panorama Residences has two towers that house three wings with 30 storeys each. Every floor in the buildings will only have eight units to ensure maximum privacy for the dwellers, making it a total of 473 residential units. Each unit will have two car parks assigned.

With a lifestyle concept envisioned in mind, the developers of the residence spared no costs to craft the exclusive Energy Complex integrated with a Relaxation Park and an Entertainment Deck for the future homeowners. The condominium’s relaxation and entertainment area are designed to mimic an oasis retreat with endless recreational activities in Level Two and Level Four. World-class amenities, such as an Olympic sized swimming pool, gym, Jacuzzis, and multipurpose halls, are enclosed in glass walls. The condominium stays true to itself and offers a stretching panoramic view of the city. With rooms flooded with natural lighting, residents can bask in the sunshine vitamin and enjoy the view in whichever part they are in the Panorama Residences.

The floor plan for Panorama Residences can be categorized into three main types – A, B, and C. The first type, Type A/A1, has a gross area of 749 sq ft and a built-up area of 66.36 sq metre. Type B/B1 has a maximum of 928 sq ft and a built-up area of 83.11 sq metre. Type B2/B3/B4/B5/B6 are slightly bigger than Type B/B1 and ranges from an area of 939 sq ft to 934 sq ft with a built-area of 83.11 sq metres. Finally, the Type C/C1 has the widest floor plans, with a spacious area of 1030 sq ft with 91.82 sq metres.

• Type A: Two bedrooms, one bathroom, 749 sq ft.
• Type B: Two bedrooms, two bathrooms, 928 to 939 sq ft.
• Type C: 2+1 bedrooms, two bathrooms; 928 to 1030 sq ft.

There are various designs to pick from, spoiling future residents of choices. The Type A Series of the Panorama Residences would be a perfect suit for newly-weds as a start-up home. Similarly, single homeowners, students and bachelors can opt to stay in Type A/A1 units, seeing that it is just the right size to house anywhere from two to three people. Type B, which has a more prominent area, would be suited to accommodate growing families. Type C, on the other hand, would be appropriate for bigger families, including families with multiple children or elderlies.

Facilities and Amenities

‘A panoramic lifestyle residence’ is truly befitting of the Panorama Residences. The architectural marvel serves the residents with modern and comprehensive facilities. The Panorama Residences has the ‘Entertainment Deck,’ which is designed specially for having fun with families and mingling with other residences. Both adults and children can have a great time in the water or the sun – without having to leave home sweet home. Here’s the complete list of amenities in the Panorama Residences:

Entertainment Deck

• 50m Length Swimming Pool
• Shower Pit
• Jacuzzi
• Pool Deck
• Cabana
• Kid’s Pool
• BBQ Terrace
• Covered Walkway
• Hammock Garden
• Lift Lobby Block 1
• Male Toilet
• Male Changing Room
• Male Sauna
• Female Sauna
• Female Toilet
• Female Changing Room
• Chilled Out Deck
• Function Area Toilet
• Function Hall
• Female Surau
• Male Surau
• Lift Lobby Block 2
• Multipurpose Hall
• Multi-Function Deck
• Management Office
• Laundry
• Pre-Function Terrace
• Playground
• Garden Terrace
• Viewing Lounge

Panorama Residences Property Analysis

Being close by to the prime cities in Selangor has hiked up the properties’ pricing over the years. The Panorama Residences is located in the area of the Southern suburbs of Kelana Jaya, which is filled with affluent neighbourhoods, making the middle to high-income earners potential buyers. Thus, the price leans towards the higher end.

Target Market

The target markets for Panorama Residences are families, millennials, and investors. The Panorama Residences is an excellent abode for families who have children of all ages. There are plenty of world-class universities and colleges scattered in Kelana Jaya, alongside primary and secondary schools. Parents can leave their worries about travelling long distances back and forth or getting stuck during rush hours, given Panorama Residences’ strategic location combined with branching expressways.

To take it up a notch, the residence is surrounded by a wealth of facilities for recreational and relaxation purposes. Families can embark on a short drive and reach the Kelana Jaya Lake Park. Not only that, there are a multitude of sports facilities for the public, like badminton, futsal, hockey, tennis court, and public swimming pools. Families in Panorama Residences do not have to yearn for long holiday breaks to have a good bonding session – everything is a stone’s throw away.

Additionally, the Panorama Residences is attractive to the eyes of investors who are scouting to buy more properties. Considering how there are multiple universities and colleges, purchasing a property and consequently renting it out to students in this area can be fruitful to onlooking investors. The condominium is conveniently situated in Kelana Jaya – just a short distance to neighbouring major cities such as Subang Jaya, Damansara, Shah Alam, and the heart of Petaling Jaya might attract the working class who would prefer to rent than to buy property.

Competitor Analysis

Panorama Residences is surrounded by likewise high-rises, including Sunway Serene, High Park Suites and Sterling Condominium, Kelana Jaya. The three condominiums were picked for the competitors’ analysis in relation to Panorama Residences, pertaining to the aspects of being residential buildings in the proximity and price tag.

Relative to the other condominiums, Sterling Condominium ranks as the most popular property; the sq ft space alone is a strong feature, seeing how it is close to almost 2000 sq ft, making the Sterling homes an impressive feat in spaciousness. Sunway Serene is slightly smaller, nevertheless roomy with an area ranging from 892 sq ft to 1788 sq ft and the High Park Suites has the smallest sq ft, from 452 sq ft to 840 sq ft.

In terms of price per square feet, the Sterling Condominium once again offers the best pricing. With a max of RM556 per sq ft, the condominium’s price is below average compared to that of Sunway Serene, High Park Suites and the Panorama Residences; the latter starting price per sq ft is above RM640. In regards to this aspect, Panorama Residences has small to medium-sized homes, ranging from 740 sq ft to 1030 sq ft, and starts at an average price of RM750 per sq ft.

Looking at the population density, Panorama Residences easily trumps its peers. With 1067 units, High Park is the densest residency, followed by Sunway Serene, 894 units and the Sterling Condominium, 611 units. The Panorama Residences only has 473 housing units, making the residence a rare high-rise with less than 500 units.

However, it is to be noted that the Sterling Condominium is much affordable given its year of completion (2008) and leasehold status, which are typically cheaper compared to freehold homes. Juxtaposed to its high-rise peers, the Panorama Residences is on par both in terms of pricing per sq ft and the unit launching price itself. Taking the completion year into account, the Panorama Residences and Sunway Serene are to be completed in 2022. However, the latter’s launching price starts at RM732 000, whereas Panorama Residences’ price starts at RM553 000. What’s more, Panorama Residences is sold on a freehold stature; meaning a homeowner would have complete ownership on the property and need not pay for the annual ground rent.

When the neighbouring High Park Suites on SS/6 is compared to Panorama Residences, the price of both condominiums notably falls to the higher end of the spectrum. However, the Panorama Residences’ tag price is much more justified. In hindsight, the Panorama Residences makes the most practical option for buyers, despite being a little costly per sq ft. Nevertheless, considering its freehold stature, year of completion and launching price, the residence is the optimal choice.

Panorama Residences Developer: Millenium Creation Sdn Bhd

Millenium Creation Sdn Bhd’s highly anticipated project, Panorama Residences, is about to be completed in 2022. Millenium Creation Sdn Bhd is a wholly-owned subsidiary of Loh and Loh Corporation (LLC). The LLC has a whopping 50-year track record in business, engineering, and property development. Having a strong clientele base, the leading corporation is recognized for its work in Civil & Structural, and Mechanical & Electrical engineering. In 2006, the famed LLC Properties Sdn Bhd began its property development business journey. The team launched the RiverView Kemensah in Taman Melawati, the following year of 2007, crafting a beautiful neighbourhood of semi-detached and bungalow homes. Since then, the rising success of LLC homes have propelled the corporation to building bigger, and more luxurious properties, making the Loh and Loh Corporation to gradually become the mogul they are today.

The corporation continued to build more opulent homes and has won various awards for their work both nationally and globally, such as the BEST Residential Development Category in the Asia Pacific for The Airie, Sri Damansara project, awarded by International Property Award for 2015-2016. Combined with expertise and experience, LLC Corporation is one of the top infrastructure developers in Malaysia and has implemented CONQUAS 21, audited by the Building Construction Authority (BCA) of Singapore. The team prioritizes safety and security above all else, which won them the ‘6-million-man hours without Loss Time Accidents (LTI)’ by Tenaga National Berhad.

In addition to the Panorama Residences, the infrastructure firm’s NK Residences project was completed in 2018. It is a freehold development spanning over 2.5 acres in North Kiara, Segambut. The residence has a total of 200 units in two blocks.

Summary

The Panorama Residences breathe aesthetic beauty and luxury in the stunning suburbs of Petaling Jaya. As a whole unit, Panorama Residences excels in every way, from connectivity, amenities, facilities, and so much more – making it a significant investment and an ideal dwelling for all. Residents do not have to decide between a city environment or a peaceful settlement. Panorama Residences offers both.