19 January 2022

Please click HERE for the Mandarin version of the deal update.

‘Successful signing of two Development Rights Agreements an active step in fulfilling government’s national affordable housing agenda.’

Zul Rafique & Partner’s Energy and Utilities practice group, led by Lukman Sheriff Alias and Michele Chong have advised and acted for Kwasa Development (13) Sdn Bhd on successfully signing of two Development Rights Agreements to build affordable housing under the Rumah Idaman programme in the Kwasa Damansara Township.

In a statement, Kwasa Land Managing Director Adenan Md Yusof stated that he hopes to fulfil the aspirations of first-time homebuyers in line with the government's effort to provide affordable housing to the B40 and M40 income groups.

This deal was also featured in The EDGE on 14 January 2021, HERE.

For more insights into this area of law, please contact our Partners:
Energy & Utilities:
Lukman Sheriff Alias
Michele Chong
Hamdi Abdullah
Teh Hooi Woon

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