Paramount plans RM900m property launches, to double co-working space

Paramount plans RM900m property launches, to double co-working space

The Edge Markets - Malaysia·2019-08-28 17:37

SHAH ALAM (Aug 28): Paramount Corp Bhd said today the real estate developer is planning new property launches worth some RM900 million in the second half of 2019 to achieve its RM1 billion sales target for the year.

Group chief executive officer Jeffrey Chew said the group has secured property sales of some RM310 million in the first half of 2019 compared to about RM600 million in the first half of last year. However, Paramount is maintaining its 2019 property sales target at RM1 billion.

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