News about Paramount

According to Paramount, the site, located within the Putrajaya Sentral masterplan, is near Putrajaya Sentral Station, the city’s main integrated transportation hub connecting the MRT Putrajaya Line, the KLIA Transit Express Rail Link and bus networks.

In a bourse filing, the group said the acquisition will allow it to launch development swiftly, as approvals have already been secured.

Net profit stood at RM25.

We all seek that life where our morning coffee is enjoyed on a private terrace, surrounded by the gentle rustle of leaves, not the relentless hum of traffic; a life where our children’s laughter echoes from a playground just steps from our door, and our daily commute is a choice, not a chore.

The 14,000 sq ft space in Johor will mirror the KL Sentral branch, which became profitable within just three months and has reached over 50% occupancy.

As at June 30, Paramount’s remaining undeveloped land stood at 358 acres, carrying a GDV potential of RM5.

The group declared an interim dividend of three sen per share, to be paid on Sept 18.

Located about four kilometres north of Phase 4A of the Kulim Hi-Tech Park (KHTP), Paramount said the acquisition will enable it to tap into KHTP’s expansion plans and Kulim’s potential population growth to launch a new township with residential, commercial and industrial properties, along with amenities.

Developed by Paramount Property (Cityview) Sdn Bhd, The Ashwood is a luxury non-landed residential project located in the elite U-Thant area, just 1.

The township integrates residential, recreational and commercial elements, with infrastructure designed to incorporate solar energy, responsible waste management and the conservation of water and biodiversity.