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Paramount expands northern footprint with RM57.8mil land acquisition in Batu Kawan

Paramount Corp Bhd is set to strengthen its presence in Penang with the acquisition of an 18.97-acre freehold parcel in Bandar Cassia from Penang Development Corporation for RM57.841 million. Located near its existing Utropolis Batu Kawan development, the site is poised for a mixed-use project comprising serviced apartments, semi-detached townhouses, and shop offices. The planned development, expected to begin construction in 2027 and complete b…
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Penang Property Talk broke the news in on Thursday, July 31, 2025.
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