SHAH ALAM: Amid concerns that the goods and services tax (GST) could cause a slowdown in property sales, this was the reverse for property and education group Paramount Corp Bhd.
The group’s property division posted new property sales of RM157mil in the first quarter of 2015 from RM317mil in 2014. These were from ongoing projects, namely Sejati Residences, Paramount Utropolis, Sekitar26 Business and Bukit Banyan and Bandar Laguna Merbok.
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