Kwasa Land Lists 21 Developers For Next Request R2-1 Proposal

Date:2015/01/28

KUALA LUMPUR -- Kwasa Land Sdn Bhd,the master developer of the iconic Kwasa Damansara township in Sungei Buloh, has named 21 Tier-2 developers who had been successfully prequalified for its next Request for Proposal (RFP) R2-1.
 
The companies are Amcorp Properties Bhd, Encorp Bhd, Glomac Bhd, Ivory Properties Group Bhd, Johor Land Bhd, KSK Group Bhd, KSL Holdings Bhd, Malton Bhd, MKH Bhd, Nadayu Properties Bhd, Naim Land Sdn Bhd, Naza TTDI Sdn Bhd, OSK Property Holdings Bhd, Paramount Corporation Bhd, Perdana Parkcity Sdn Bhd, Plenitude Bhd, Reliance Pacific Bhd, TH Properties Sdn Bhd, Titijaya Group Sdn Bhd (Tenang Sempurna Sdn Bhd), United Malayan Land Bhd, and Worldwide Holdings Bhd.
 
Kwasa Land is a unit of the Employees Provident Fund (EPF).
 
Managing Director Mohd Lotfy Mohd Noh said the RFP seeks a development partner for a proposed residential development of a land area measuring 5.14 hectares (12.7 acres) identified as Project R2-1 based on the approved planning approval.
 
"Invitations have been sent out to the 21 developers who were successful in the pre qualification exercise," he added, in a statement today.
 
Kwasa Land said the closing date for all RFP submissions is March 31, 2015.
 
It said the whole development within the R2-1 land must be fully completed within six years.
 



  • Keywords:


Celebrity Interview


Exclusive News

Real estate investors look to Southeast Asia
2017-01-11
〔THE CHINA POST〕 TAIPEI, Taiwan -- Facing a low-performing local real estate market, Taiwanese investors are reportedly putting their money abroad in up-and-coming development properties throughout Southeast Asia. Two large international real estate firms hosted separate press conferences on Tuesday to analyze the latest trend in real estate purchases. According to Executive Director David Chin (泰啟松) of Asia Pacific International Property, the firm, which specializes in real estate transactions in the Asia-Pacific region, made nearly NT$7.3 billion in sales.