Views from Paramount Property: What we expect in 2021
WE foresee demand for residential properties to stay resilient in 2021 although the property market as a whole would still be weighed down by the disruptions caused by COVID-19 and some uncertainties going forward. PropertyGuru Malaysia did a Consumer Sentiment Survey in November which showed that 81% of Malaysians still want to own a home […]
Paramount Posts Profitable 3Q As Property Sales Rebound And Construction Works Resume
KUALA LUMPUR (Nov 27): Paramount Corp Bhd returned to the black with a net profit of RM19.82 million in its third quarter ended Sept 30, 2020 (3QFY20), after the the property developer slipped into a net loss of RM3.7 million in the preceding quarter ended June 30. The improved earnings come as quarterly revenue tripled […]
After a Loss in Q2, is the Worst Over for Paramount?
Even though property is a favoured asset in Malaysia, it was not spared by the pandemic. The property market declined in the first half of 2020, with the number of transactions falling 28% as value of those transactions fell 32% on-year to RM47 billion. In line with that, property player Paramount Corp’s saw earnings swing […]
It’s Flat Seri Kedah’s turn now for a facelift
The same motif of colour blocks and patterns from PPR Lembah Subang 1 and PPR Seri Cempaka is applied in Seri Kedah. (Photos by Low Yen Yeing/EdgeProp.my) The refurbishment continues! On a slightly overcast Saturday morning on Sept 5, some 12 community volunteers from Perumahan Awam Seri Kedah or Flat Seri Kedah public housing scheme […]
Paramount bullish on property market’s prospects in low interest rate environment
KUALA LUMPUR (Sep 2): Paramount Corp Bhd remains bullish on the prospects of the property market as interest rates remain low, saying it will help regain demand that was affected during the Movement Control Order period. As a result of the restricted movement policy, Paramount’s property sales for the cumulative six months ended June 30, […]
Paramount remains upbeat on property sector
KUALA LUMPUR: Paramount Corp Bhd remains bullish on the property sector’s prospects in emerging markets, especially in Malaysia, for the second half of the year, despite the uncertainties caused by the Covid-19 crisis. Group chief executive officer Jeffrey Chew Sun Teong said the property take-up rate is expected to recover in later this year due […]
Cash Reward for Introducing Buyer
Every Circle member qualifies for a Cash Reward for introducing our properties to new buyers! Only three easy steps - check out the infographic inside!
Life is a Circle
Introducing the Paramount Property Circle – Our new loyalty programmes for our close-knit homebuyer community. As part of the Circle, you will be entitled to cash rewards of up to RM 16K and savings of up to 2% on your next purchase.
Utropolis Batu Kawan’s U-Want-to-Buy campaign makes it’s easy!
From spacious family homes to stylish modern suites, Utropolis Batu Kawan has something for everyone. A university metropolis complimented by one of Australia’s best universities, UOW Malaysia KDU Penang University College, Utropolis Batu Kawan is an integrated township with education, leisure, wellness, retail and residential elements coming together as one vibrant and holistic address. Currently […]