Kwasa Land grants LBS development rights for RM8.3b project in Kwasa Damansara
The development, to be executed over 14 years in phases, will comprise 2,922 residential units, including a mix of low- and mid-rise condominiums and landed homes.
The development, to be executed over 14 years in phases, will comprise 2,922 residential units, including a mix of low- and mid-rise condominiums and landed homes.
This follows the recent signing of a Sale and Purchase Agreement between Kwasa Land and ECM Kwasa Damansara Sdn Bhd, a subsidiary of Educ8, for the acquisition of the 11.
The upcoming development will feature 520 residential units, with an estimated gross sales value of RM492 million.
WCTB bagged a similar project worth RM127.
The 47-acre residential development is called Serene Kwasa Damansara.
The LOA will be Gagasan Nadi’s second undertaking with Kwasa Land, after breaking ground on the construction of 1,669 affordable housing units Kwasa Damansara last year.
PETALING JAYA (OCT 25): Kwasa Land Sdn Bhd, a wholly-owned subsidiary of the Employees Provident Fund Board (EPF) and the master developer of the Kwasa Damansara township, is collaborating with Gagasan Nadi Cergas Bhd to develop its first phase of affordable housing under Rumah Selangorku (RSKU) type IDAMAN at the township.
KUALA LUMPUR (Oct 22): Gagasan Nadi Cergas Bhd has secured a contract from the Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd to develop an affordable housing project in Selangor with a gross development value of RM1 billion.
PETALING JAYA (May 25): Datuk Teo Chiang Quan was a leader that led by example, said Datuk Seri Michael Yam (pictured), senior independent non-executive director of Paramount Corp.
KUALA LUMPUR (April 30): The Employees Provident Fund's (EPF) wholly-owned subsidiary Kwasa Land Sdn Bhd has appointed Adenan Md Yusof as managing director (MD) effective Monday (May 3, 2021) to contribute towards the development of the EPF's estimated 920ha (about 2,300 acres) Kwasa Damansara township in Selangor.