News about Paramount

PETALING JAYA (Oct 15): Paramount Property Development Sdn Bhd lauded the government’s move to lower the property price threshold for foreign ownership as this is a good way of managing market inventories while welcoming global citizens to Malaysia, thus creating vibrancy to the market.

Yellow, red, white and blue — inspired by the colours of the Malaysian flag — the newly-refurbished multipurpose sports courts of PPR Lembah Subang 1 are giving its residents something to cheer about.

CYBERJAYA: Paramount Property Development Sdn Bhd will be launching phase one of Sejati Lakeside, its second landed housing project in Cyberjaya, this October.

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.

PETALING JAYA (August 27):  PPR Lembah Subang 1 residents may just see their old badminton courts completely refurbished and repurposed as colourful multi-purpose sports courts this coming National Day! Working over several days under the inclement weather, more than 40 volunteers from PPR Lembah Subang 1, Paramount Property, Nippon Paint Malaysia and EdgeProp.

KUALA LUMPUR (Aug 23): Paramount Corp Bhd, which reported a lower second-quarter (2Q) net profit yesterday following the absence of a disposal gain, announced that Benjamin Teo Jong Hian, the son of chairman and executive director Datuk Teo Chiang Quan, has joined the group’s board of directors as an executive director.

PETALING JAYA (July 19): Paramount Property Development Sdn Bhd will be spending an estimated RM200,000 to makeover rundown outdoor sports courts at three public housing (Projek Perumahan Rakyat or PPR) projects in the Klang Valley under the EdgeProp.

PETALING JAYA (July 19): Residents of three public housing schemes under the EdgeProp.

PETALING JAYA (July 19):  Residents of public housing schemes in PPR Lembah Subang 1, PPR Seri Cempaka and Perumahan Awam Seri Kedah in the Klang Valley will soon see the sports courts in their communities undergo a makeover under a private initiative under the EdgeProp.

  KUALA LUMPUR (July 10): Paramount Corp Bhd is planning to launch four new projects with a combined estimated gross development value (GDV) of RM783 million in the second half of 2019 (2H19).