The contract is for the construction of 203 units of terrace houses for phase 1C-1 of Gamuda’s township in southern Klang Valley, Gamuda Cove, Inta Bina said in a bourse filing.

The 19th TPDA anchors The Edge Malaysia Property Excellence Awards (TEPEA) 2021, which were presented at the gala dinner on Tuesday (Dec 14) night at the Shangri-La Hotel Kuala Lumpur, and graced by the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican.

“Under MRT Corp’s new strategy, MRT 3 will not adopt the single turnkey contractor structure as seen in MRT 2, and will likely divide the civil works scope into three to five main packages — each led by tier 1 contractors/consortiums that will undertake private financing for the first two years, prior to reverting to full government funding likely in 2024,” said CGS-CIMB analyst Sharizan Roseli

Following the good market response, the company will be unveiling 251 units of garden terrace homes with built-up sizes ranging from 2,293 sq ft to 3,002 sq ft, to cater to larger multigenerational families.

Gamuda Land takes a structured, accountable approach to decarbonisation, with clear, quantifiable targets outlined under the Gamuda Green Plan 2025. In this way, it reduces emissions, promotes carbon sequestration through tree planting and emphasises sustainability via renewable energy sources and more across its townships and communities, towards a greener, brighter future.

The land has a market value of US$56.1 million. 

Climate change is no longer a societal issue, but an existential threat. Safeguarding the natural environment and communities in which it operates, Gamuda Land has outlined the Gamuda Green Plan 2025, setting out clear targets for inclusive, sustainable development across its townships and communities, towards a greener economy and brighter future.

Our cities face greater risks from climate change every day, and tree planting is one of the most effective solutions. Mindfully planning its townships with this in mind, Gamuda Land creates urban forests to address heat island effects while fostering biodiversity and carbon sequestration, building sustainable developments in harmony with nature, the community and the needs of future generations.

His appointment follows the departure of former KWEST CEO Sufian Abdullah. 

Three anchor tenants are in the pipeline, which include an established grocer occupying more than 20,000 sq ft as well as a double-storey drive-through fast food franchise.