Gagasan Nadi Cergas to develop RM375mil project


The group said it will also take on the marketing and selling of developed building units, subjected to relevant authority approvals

KUALA LUMPUR:Gagasan Nadi Cergas Bhd has been given the development rights for a project in Serendah under the Rumahku Selangor programme with a projected gross development value of up to RM374.89mil.

The construction and property development group said it inked the development rights agreement with Permodalan Negeri Selangor Bhd (PNSB) to develop terrace houses, semi-detached homes, terrace shop offices and townhouses on 34.72ha over a nine-year period.

“The group will also take on the marketing and selling of developed building units, subjected to relevant authority approvals.”

The proposed development is located at the north of Kuala Lumpur. — Bernama

TAGS: Gagasan Nadi Cergas, PNSB, Serendah, Rumah SelangorKu, Property, Affordable housing

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

Gagasan Nadi Cergas , develop , land ,

   

Did you find this article insightful?

Yes
No

100% readers found this article insightful

Next In Business News

Top Glove predicts 3% hit on FY21 sales due to production halt �
Airlines set to lose US$157bil amid worsening slump - IATA
AirAsia looks beyond losses to travel return
CPO December contract closes lower at RM3,448
My EG posts net profit of RM70.74m in 3Q
Leong Hup International's 3Q results up on-quarter
Inari sees strong demand for 5G RF components as Q1 net profit soars
PBA 3Q net profit jumps nearly 83% to RM11.3m
Majuperak returns to profit after three consecutive loss-making quarters
UEM Sunrise posts RM28.9mil loss in Q3�

Stories You'll Enjoy