Paramount remains upbeat on market outlook

The group has a higher launch target of RM1.5bil this year from RM1.2bil worth of launches last year, said Chew.

PETALING JAYA: Demand in the local property market has seen a recovery since the start of last year with an increase in sales volume and lower overhang units, says Paramount Corp Bhd.

Hence, group chief executive officer Jeffrey Chew said the group has a higher launch target of RM1.5bil this year from RM1.2bil worth of launches last year.