Gadang subsidiary to develop Malaysia housing project

WCN Editorial Team 20 Jan 2017 ASIA BUILDINGS

Elegance Sonata (ESSB), a subsidiary of Gadang Land, has entered into a development rights agreement with Kwasa Development for the development of R3-1 in the Malaysia’s Kwasa Damansara Township [Kuala Lumpur pictured].

The project will include 780 residential units, including high rise towers and villas, on a 21.08-acre plot. The plot will front a 28.91-acre green park, and will be complemented by a 13.64-acre lake.

The project will entail an investment of MYR700M ($157.3M) and is expected to be complete in six years.

* Data provided by Timetric's Construction Intelligence Center.

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