Gagasan Nadi Cergas to develop Kwasa township

“With this project in hand, our ongoing property development are worth RM3.6bil in GDV that will provide earnings visibility until 2032," Wan Azman said.

PETALING JAYA: Construction group Gagasan Nadi Cergas Bhd has secured a project from Employees Provident Fund-owned Kwasa Land Sdn Bhd to build 4,183 affordable residential units in Kwasa Damansara township at a gross development value (GDV) of RM1bil.

Gagasan Nadi said it had accepted a letter of award (LoA) from Kwasa Land to develop the affordable housing project on a 34.9-acre plot of land.