Gagasan Nadi’s value homes

TheStar Thu, Jul 09, 2020 10:10am - 3 years View Original


Group managing director Wan Azman Wan Kamal (pic) said the project is expected to contribute positively to the group in the financial year ending Dec 31,2021

PETALING JAYA: Gagasan Nadi Cergas Bhd is planning to build 4,319 units of affordable homes in Shah Alam worth RM777mil under the Rumah Idaman programme.

This would be its largest-ever construction project.

In a statement, group managing director Wan Azman Wan Kamal said the project is expected to contribute positively to the group in the financial year ending Dec 31,2021 (FY21) to FY27.

The overall duration of the project is over six years till 2026.

“The Rumah Idaman homes will be built on 14.81ha of land in four sites, namely, one site located in Seksyen U8 in Shah Alam, Selangor and the remaining three sites situated in Seksyen U17 in Shah Alam which was acquired by the Group from Sime Darby Property Bhd. — Bernama

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