WZ Satu recommencing PR1MA project

WZ Satu said in a statement that Sinergi Dayang Sdn Bhd, an indirect wholly-owned subsidiary of WZ Satu, had entered into a joint development agreement with PR1MA Corp to jointly carry out and undertake the development of phase two of this project

PETALING JAYA: WZ Satu Bhd is recommencing a Perumahan Rakyat 1Malaysia (PR1MA) housing project in Kuantan, Pahang, also known as the PR1MA D’Marina Residency project, as part of its strategy to support the government in delivering more affordable homes.

The company said in a statement that Sinergi Dayang Sdn Bhd, an indirect wholly-owned subsidiary of WZ Satu, had entered into a joint development agreement with PR1MA Corp to jointly carry out and undertake the development of phase two of this project, which will have an estimated gross development value of RM219mil over four to five years.