Paramount Corp expects better sales in 2H21 as lockdown eases

Paramount chief executive officer Jeffrey Chew

KUALA LUMPUR: Property developer, Paramount Corporation Bhd, expects to achieve better sales performance in the second half of this year (2H2021) compared with 1H2021 as lockdowns to curb the COVID-19 pandemic eases and the vaccination rate rises.

Group chief executive officer Jeffrey Chew Sun Teong said the group has more ongoing property development projects in 2H2021, consisting of residential houses in Batu Kawan, Penang and the Kuala Lumpur city centre, as well as in Kemuning Utama and Bukit Banyan in Sungai Petani, Kedah.