Paramount, Mitsui Fudosan Form JV For RM1.34 Billion Apartment Project In KL

Source: Business Today4 Nov 2026

Paramount Corporation Bhd and Mitsui Fudosan formed a joint venture for a RM1.34 billion apartment project in Kuala Lumpur. The project is located off Jalan Ampang. Paramount will dispose of a 49% equity interest in its subsidiary to Mitsui Fudosan. The project is a serviced apartment development.

What it means for buyers, tenants and investorsBuyers of apartments in this project can expect a development with involvement from a Japanese-linked company, Mitsui Fudosan, and can check the project's details and progress.

What it means for Japanese buyers

Paramount and Mitsui Fudosan formed a joint venture for a RM1.34 billion apartment project in Kuala Lumpur.

Buyers can expect a development with Japanese involvement.

The minimum purchase price for foreign buyers in Kuala Lumpur is RM1 million.

Buyers should check the project's details and progress with Paramount or Mitsui Fudosan.

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