KUALA LUMPUR: Gagasan Nadi Cergas Bhd
’s wholly-owned subsidiary, Nadi Cergas Sdn Bhd, has obtained a Letter of Award (LoA) from Paramount Property (Sepang) Sdn Bhd, a subsidiary of Paramount Corporation Bhd, to design and build high-rise reasonably priced housing project price RM195.2 million.
In a press release as we speak, Gagasan Nadi mentioned the corporate would undertake the turnkey contract of designing and creating 1,076 high-rise residential models in Greenwood Salak Perdana, Selangor.
The building works will start within the fourth quarter of 2022 and the project is predicted to take 48 months to full, it mentioned.
Group managing director Wan Azman Wan Kamal commented that the LoA bodes nicely with the group’s dedication to present reasonably priced lodging to the individuals and help the federal government in decreasing the general housing scarcity hole nationwide.
“Heading into the brand new 12 months, we’ll proceed to tender for related tasks from each public sector and personal builders, whereas additionally specializing in delivering greater than 10,000 models of reasonably priced homes inside our excellent order e-book,” he mentioned.
Gagasan Nadi mentioned, beneath the group’s projects-in-hand, it’s slated to ship greater than 10,000 models of reasonably priced houses within the subsequent six years, in supporting notable property builders equivalent to Paramount Group and Kwasa Land Sdn Bhd.
The group’s excellent orderbook at present stands at RM2.5 billion, it added.
Among the tasks are the development of a mosque at Merdeka 118, varied reasonably priced housing tasks inside the Klang Valley, the MRSM full-facility campus, Cardiology Centre in Serdang Hospital, in addition to the Putrajaya Homes public residential improvement. – Bernama
