Developer: Works on Bintulu Paragon street mall, SOVO units on track

KUCHING: Construction of the Bintulu Paragon integrated development’s street mall and small office versatile office (SOVO) is progressing well, according to developer Naim Land Sdn Bhd.

Its chief operating officer for property Yong Kei Seng said substructure works in relation to the street mall and SOVO were on track and expected to be completed by the end of this year.

“Our contractor for the substructure works is Sinohydro Corporation (M) Sdn Bhd, a member of Sinohydro Corporation, a Chinese state-owned hydropower, engineering and construction company and the world’s largest hydropower construction company.

“This demonstrates Naim’s commitment in maintaining our standing as a developer and contractor of quality,” he said.

 He added that works for the street mall and SOVO were expected to be finished by the fourth quarter of next year and first quarter of 2016 respectively.

“Based on this timeline, we expect to hand over the street mall and SOVO units in the first and second quarters of 2016 respectively,” he said.

Since its launch in early last year, the response for the street mall and SOVO components has been encouraging.

“We are recording an average take-up of more than 60% for the components.

“This demonstrates a shift in preference of the Bintulu community to more chic and affluent property products.

“There has been a continuous interest in Bintulu Paragon and its components,” Yong said.

Bintulu Paragon is the largest and most contemporary integrated development set to transform the town.

To be developed in two phases, it will integrate residential, business, retail and hospita-lity components.

Upon completion, Bintulu Paragon will recreate the skyline with stylish condominiums, office towers, the longest street mall in Sarawak, versatile SOVOs and hotels and provide 1.4 million square feet of retail space.

For more information, call 086-339 666, or visit Naim’s Bintulu sales gallery at No. 1, Old Airport Road, from 9am to 6pm daily.

SOURCE: The Star Online (4 June 2014)

http://www.thestar.com.my/News/Community/2014/06/04/Developer-Works-on-Bintulu-Paragon-street-mall-SOVO-units-on-track/