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PETALING JAYA: Gagasan Nadi Cergas Bhd has signed two development rights agreements (DRAs) to build affordable housing under the Rumah Idaman programme in the Kwasa Damansara township, with a gross development value (GDV) of RM1bil.
In a statement, Gagasan said its subsidiary – Nadi Emery Sdn Bhd (NESB) – had signed the DRAs with Kwasa Development (13) Sdn Bhd (KD13), a wholly owned subsidiary of Kwasa Land Sdn Bhd.
The agreement will entail the design and development of 3,990 units of afforda