Paramount plans RM1.3bil property launches in FY22

KUALA LUMPUR: Paramount Corp Bhd plans to launch RM1.3 billion worth of properties in the financial year ending Dec 31, 2022 (FY2022), a 48 per cent increase from last year’s allocation, banking on the economic recovery and as Malaysia enters the endemic stage.

Group chief executive officer Jeffrey Chew Sun Teong said the group also targeted higher property sales in FY2022 of RM1 billion.