Naim Holdings to build 500 units of affordable homes in 2 years

TheStar Mon, Oct 12, 2020 08:10am - 3 years View Original


With an estimated gross development value (GDV) of RM185mil, these residential homes would be constructed in Kuching, Miri and Bintulu where most of the Naim group’s landbank of about 1,560 acres are located.

KUCHING: Naim Holdings Bhd is targeting to build up to 500 units of affordable and medium-priced houses in two years using the industrialised building system (IBS) model to speed up construction.

With an estimated gross development value (GDV) of RM185mil, these residential homes would be constructed in Kuching, Miri and Bintulu where most of the Naim group’s landbank of about 1,560 acres are located.

The group intends to kickstart part of the proposed development in the fourth quarter of 2021, according to Naim managing director Datuk Hasmi Hasan.

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