Wednesday, October 15, 2014

Bumiputera developers for Kwasa residential project

Kwasa Land has pre-qualified 23 Bumiputera developers, including Ahmad Zaki Resources Bhd and UDA Holdings Bhd, for the residential project in its proposed new township in Kwasa Damansara.
Kwasa Land said on Wednesday that through a request-for-proposal, it had launched the first Bumiputera opportunity known as “R3-2” in which 8.79 acres of land were set aside for the residential development.
The remaining 21 prequalified Bumiputera developers invited for this inaugural Bumiputera RFP include Apex Communication Sdn Bhd, Ark Resources Bhd, Dwitasik Sdn Bhd, Faber Union Sdn Bhd, Fairview Development Sdn Bhd, Impiana Land Development Sdn Bhd, ISY Sdn Bhd, Johawaki Development Sdn Bhd, Lebar Daun Development Sdn Bhd, Getrahome Sdn Bhd, Prima Nova Sdn Bhd, Purplestar Land (M) Sdn Bhd, Kinta Berkat Sdn Bhd, Selia Selenggara Sdn Bhd, Sensatimur Sdn Bhd, Seri Meraga Properties Sdn Bhd, Sharikat Permodalan Kebangsaan Bhd, Swasta Setia Holdings Sdn Bhd, Triplc Bhd, Tujuan Gemilang Sdn Bhd and Zikay Group Sdn Bhd.
In the R3-2 RFP, tender documents reveal Kwasa Land’s request for a residential area with a development that encourages a mix within a neighbourhood with each residential cluster consisting of a variety of housing types and sizes. 
The development design pre requisite for the 8.79 acres should possess a special character and theme that fosters a sense of pride, place and belonging in a sustainable contemporary setting.
“The land is located at the northern part of Kwasa Damansara next to the MRT station underscoring its prime valuation as it is easily accessible via the proposed good network of roads in the development.
“The move is seen to further consolidate Kwasa Land’s action to support the Bumiputera Economic Empowerment Agenda.
“Thirty-five per cent of land in the proposed Kwasa Damansara township have been slated for Bumiputera developers,” it said.
Of the 152 who participated in the Kwasa Land prequalification exercise last year, 70 submissions were received by Kwasa Land for the Bumiputera category.