KUALA LUMPUR (May 27): The Employees Provident Fund's (EPF) planned 932ha (2,330 acres) Kwasa Damansara township will see 4.2 ha (10.43 acres) earmarked for Bumiputera property developers.

The EPF's wholly-owned unit Kwasa Land Sdn Bhd is the master developer for Kwasa Damansara in Sungai Buloh, Selangor. Kwasa Land said in a statement today the 4.2-ha portion was allocated for two residential projects known as R3-3 and R3-4.

"The two residential plots measure 6.52 acres and 3.91 acres respectively, making it a cumulative 10.43 acres. The proposed reserved price for the land for R3-3 is RM125 psf based on leasehold title while the proposed reserve price for R3-4 is at RM135 psf based on freehold title.

"The invitations to the pre-qualified Bumiputera developers have been issued and submission for the RFP (request for proposal) tender documents would close by July 10, 2015," Kwasa Land said.

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