Paramount Corp Maintains RM1 Billion Sales Momentum and Expands Landbank for Future Growth

Paramount Corp Maintains RM1 Billion Sales Momentum and Expands Landbank for Future Growth

From this article, I learned that Paramount Corp Bhd continues to show strong performance in Malaysia’s property sector by achieving property sales of more than RM1 billion for the fourth consecutive year in FY2025. This reflects strong buyer confidence and the company’s ability to maintain demand despite cautious market conditions.

Although the group’s total revenue decreased from RM1.04 billion in FY2024 to RM946.9 million in FY2025, this was mainly due to fewer property launches during the year as part of a deliberate strategy to respond to market conditions. I learned that lower revenue does not always mean weaker business performance because Paramount still maintained stable profit before tax (PBT) at RM157 million, showing strong operational discipline and effective project management.

Another important lesson is how landbank replenishment plays a major role in long-term property development success. Paramount acquired 363.1 acres of new land across Penang, Kedah, Kuala Lumpur, Selangor, and Putrajaya, with a total projected gross development value (GDV) of RM2.3 billion. This shows how developers must continuously secure strategic land for future launches and revenue growth.

I also learned that the company focuses heavily on strategic locations where it already has a strong presence. This helps reduce development risks because the company can leverage its existing brand reputation, customer trust, and operational experience. Areas like Batu Kawan, Kulim, Shah Alam, and Putrajaya are important growth corridors due to urbanisation and infrastructure development.

For FY2026, Paramount plans to launch RM1.1 billion worth of new projects across seven developments. These include affordable housing, landed homes, transit-oriented developments, and mixed townships. This shows the company is targeting different buyer segments, from young urban professionals to families seeking landed homes, which helps diversify its market reach.

The article also taught me the importance of unbilled sales, which stood at RM1.5 billion. This provides future earnings visibility and stronger cash flow confidence because these are sales already secured but not yet recognised as revenue.

I learned that Paramount’s financial strength has improved significantly over its five-year strategic plan. Revenue grew at a CAGR of 9.8%, while PBT increased by 25% CAGR from FY2020 to FY2025. Its return on equity (ROE) also improved from 2% to 8.3%, and the company is now targeting at least 10% ROE by 2030. This shows how long-term strategic planning helps companies build sustainable growth.

Beyond property, Paramount is also diversifying into other sectors such as food and beverage through its investment in Envictus International Holdings, as well as expanding its Co-labs Coworking business. This teaches me that property companies today often create multiple income streams instead of depending only on property sales.

Overall, I learned that Paramount’s strategy combines strong land acquisition, careful project planning, financial discipline, and business diversification. This helps the company remain competitive while preparing for future market opportunities in Malaysia’s growing property industry.