Gagasan Nadi Cergas (Gagasan Nadi Cergas Berhad)
Gagasan Nadi Cergas Berhad is a construction and property group listed on Bursa Malaysia's ACE Market, with 11 housing projects in the KPKT register under four of its companies: 6 completed and 5 under construction, none classed Sick or Abandoned. Most are affordable homes in Selangor; the group says it started in 1995 as a building contractor.
- 11 projects in the KPKT register
- 6 completed
- 5 under construction
- None Sick or Abandoned
Has Gagasan Nadi Cergas handed over on time? What the KPKT register shows
KPKT's TEDUH register (as at 27 Oct 2026) lists 11 housing projects under 4 Gagasan Nadi Cergas companies in 2 states: 6 completed, 5 under construction. None is classed Sick (Sakit) or Abandoned (Terbengkalai).
Of the 6 completed projects, 6 have both a handover deadline and a completion date in the register: 2 handed over on or before the deadline (the extended deadline where KPKT approved an extension); 4 handed over or certified complete after that deadline (2 of these were under construction during the 18 Mar–31 Aug 2020 movement control period, which the law excludes from the deadline†).
8 projects had the delivery period extended with KPKT approval.
Completed projects — most recent first
| Project (KPKT name) | Area | Units | Handover deadline | CCC / handover | Against deadline |
|---|---|---|---|---|---|
| IDAMAN BUKIT JELUTONGKPKT 30055-2 | PetalingSelangor | 406 | 16 Mar 20261st sale agreement 16 Mar 2023 | CCC 8 Jul 2025 Handover 3 Sep 2025 | 194 days before |
| IDAMAN BUKIT JELUTONGKPKT 30055-1 | PetalingSelangor | 854 | 8 Nov 20251st sale agreement 8 Nov 2022 | CCC 8 Jul 2025 Handover 28 Jul 2025 | 103 days before |
| ANTARA RESIDENCEKPKT 19322-1 | PutrajayaWP Putrajaya | 458 | 1 May 2023Extended 23 months from 1 Jun 20211st sale agreement 1 Jun 2018 | CCC 31 May 2023 Handover 16 Jun 2023 | 46 days after † |
| RINGGIT MUHIBBAH SDN. BHD.KPKT 19698-2 | Hulu SelangorSelangor | 28 | 26 Mar 2023Extended 5 months from 26 Oct 20221st sale agreement 26 Oct 2020 | CCC 19 May 2023 Handover 19 May 2023 | 54 days after |
| RINGGIT MUHIBBAH SDN. BHD.KPKT 19698-3 | Hulu SelangorSelangor | 42 | 2 Mar 2023Extended 5 months from 30 Sep 20221st sale agreement 30 Sep 2020 | CCC 19 May 2023 Handover 19 May 2023 | 78 days after |
| SELANGORKU PPAM @ ULU YAMKPKT 19698-1 | Hulu SelangorSelangor | 447 | 1 Jan 2023Extended 5 months from 1 Aug 20221st sale agreement 1 Aug 2020 | CCC 13 Apr 2023 Handover 13 Apr 2023 | 102 days after † |
Under construction
| Project (KPKT name) | Area | Units | KPKT status | Handover deadline | Progress |
|---|---|---|---|---|---|
| SELINDUNG DAUNKPKT 19698-4Tetra Residences · on PropertySifu | Hulu SelangorSelangor | 179 | SmoothOn schedule | 11 Jan 2028Extended 12 months from 11 Jan 20271st sale agreement 11 Jan 2025 | 77% |
| IDAMAN KWASA DAMANSARAKPKT 30608-1 | PetalingSelangor | 834 | SmoothOn schedule | 30 Apr 2028Extended 12 months from 30 Apr 20271st sale agreement 30 Apr 2024 | 87–88% |
| IDAMAN KWASA DAMANSARAKPKT 30608-2 | PetalingSelangor | 835 | SmoothOn schedule | 27 Aug 2028Extended 12 months from 27 Aug 20271st sale agreement 27 Aug 2024 | 87–88% |
| PANGSAPURI IDAMAN CASUARINA 1KPKT 30055-4 | PetalingSelangor | 523 | SmoothOn schedule | 3 Apr 20291st sale agreement 3 Apr 2026 | 64% |
| PANGSAPURI IDAMAN AMANIKPKT 30055-3 | PetalingSelangor | 1,063 | SmoothOn schedule | 20 Nov 2029Extended 12 months from 20 Nov 20281st sale agreement 20 Nov 2025 | 20–49% |
† Section 35 of the Temporary Measures for Reducing the Impact of COVID-19 Act 2020 (Act 829) excludes 18 March–31 August 2020 from the time for delivering vacant possession. The register does not show whether a deadline already reflects this.
Deadlines are counted from each project's first sale agreement, as KPKT records them; buyers who signed later have later deadlines. CCC = Certificate of Completion and Compliance; CFO = Certificate of Fitness for Occupation.
Gagasan Nadi Cergas at a glance
| Listed | Bursa Malaysia ACE Market · NADIBHD (0206) · trading since January 2019[1][3][4] |
|---|---|
| Started | 1995, as a building-construction contractor (company's account)[2] |
| Head office | Petaling Jaya, Selangor[1] |
| Leadership | Ir. Dr. Muhamad Fuad bin Abdullah — Independent Non-Executive Chairman[1] Dato' Sr Hj Wan Azman bin Wan Kamal — Group Managing Director[1] |
| Companies in the KPKT register | NADI CERGAS DEVELOPMENT SDN. BHD. (70%) KPKT 19322[1] RINGGIT MUHIBBAH SDN. BHD. (66.5%) KPKT 19698[1] NADI EMERY SDN. BHD. (52.5%) KPKT 30055[1] NADI EMERY (KKD) SDN. BHD. (52.5%) KPKT 30608[1] |
| Website | nadicergas.com |
| Lines of business | Construction (CIDB Grade G7 licence), concessions and facility management, utilities (district cooling and electricity supply), property development[1] |
| Construction record (company figure) | More than RM3 billion worth of projects secured within two decades (Annual Report 2025)[1] |
| Affordable housing | Selangor Idaman scheme projects: Bukit Jelutong (handed over in 2025), Kwasa Damansara, City of Elmina and Bandar Rimbayu[1] |
| Group interest in developer companies | Nadi Cergas Development 70%; Ringgit Muhibbah 66.5%; Nadi Emery and Nadi Emery (KKD) 52.5% (effective interest)[1] |
Gagasan Nadi Cergas projects on sale on PropertySifu
Who is Gagasan Nadi Cergas? The company behind the projects
Gagasan Nadi Cergas says it was incorporated in 1995 as a contractor for building construction works [2]. Its shares began trading on the ACE Market of Bursa Malaysia in January 2019 [3][4], under the stock name NADIBHD and code 0206 [1]. The head office is in Petaling Jaya, Selangor [1]. Besides construction, under a Grade G7 licence from the Construction Industry Development Board (CIDB), the group runs concessions and facility management and supplies district cooling and electricity; the company says it has secured more than RM3 billion worth of projects within two decades [1].
The group develops property through Nadi Cergas Development Sdn Bhd, in which it holds 70% [1]. The company says the property segment began in 2017, and that its earlier projects include the Antara Residence serviced apartments in Putrajaya and the Selindung Daun township in Ulu Yam, Batang Kali [1]. Its newer projects are affordable homes under the Selangor state government's Idaman scheme: Idaman Bukit Jelutong was completed and handed over in 2025, and others are under way in Kwasa Damansara, City of Elmina and Bandar Rimbayu [1]. These are developed by Nadi Emery Sdn Bhd and Nadi Emery (KKD) Sdn Bhd, in which the group's effective interest is 52.5% [1].
Tetra Residences in Ulu Yam, Hulu Selangor, has 179 double-storey terrace houses, according to the 2025 annual report [1]. KPKT registers it as SELINDUNG DAUN (19698-4) under Ringgit Muhibbah Sdn Bhd, in which the group's effective interest is 66.5% [1].
The independent non-executive chairman is Ir. Dr. Muhamad Fuad bin Abdullah, and the group managing director is Dato' Sr Hj Wan Azman bin Wan Kamal [1].
Frequently asked questions
Is Gagasan Nadi Cergas a listed company?
Does Gagasan Nadi Cergas have any Sick or Abandoned projects?
No. As at 27 October 2026, the KPKT register classes none of the 11 projects under the four Gagasan Nadi Cergas companies as Sick (Sakit), Abandoned (Terbengkalai) or Late (Lewat).
Which company develops Tetra Residences, and has its deadline been extended?
Ringgit Muhibbah Sdn Bhd (KPKT developer code 19698), in which Gagasan Nadi Cergas has a 66.5% effective interest [1]. KPKT registers the project as SELINDUNG DAUN (19698-4), 179 terrace houses. The first sale agreement was signed on 11 January 2025, and the handover deadline of 11 January 2027 was extended with approval by 12 months to 11 January 2028. The project is recorded as on schedule (Lancar), with 77% reported construction progress.
Was Antara Residence in Putrajaya handed over on time?
KPKT records ANTARA RESIDENCE (19322-1, 458 serviced apartments) under Nadi Cergas Development Sdn Bhd. The first sale agreement was signed on 1 June 2018, and the handover deadline of 1 June 2021 was extended with approval by 23 months to 1 May 2023. The CCC is dated 31 May 2023 and vacant possession 16 June 2023, 46 days after the extended deadline. Construction ran through 18 March–31 August 2020, a period that section 35 of the COVID-19 Act (Act 829) excludes from handover deadlines; the register does not show whether the deadline already reflects it.
How many projects has Gagasan Nadi Cergas completed, and were they on time?
Six of the 11 projects are completed, and all six have both a deadline and a completion date in the register. The two phases of IDAMAN BUKIT JELUTONG (30055-1, 854 units; 30055-2, 406 units) were handed over on 28 July 2025 and 3 September 2025, 103 and 194 days before their deadlines. ANTARA RESIDENCE and three Ringgit Muhibbah projects in Hulu Selangor (19698-1, 447 houses; 19698-2, 28; 19698-3, 42), all with approved extensions, were handed over 46, 102, 54 and 78 days after their extended deadlines; for ANTARA RESIDENCE and 19698-1, construction overlapped the 2020 movement control period.
Sources and how we checked
- Housing project records: KPKT TEDUH register (teduh.kpkt.gov.my), data as at 27 Oct 2026. Sumber: TEDUH, KPKT — used under the Government Open Data Terms of Use 1.0.
- [1] Gagasan Nadi Cergas Berhad Annual Report 2025 · Gagasan Nadi Cergas Berhad · 30 Apr 2026 · accessed 28 Oct 2026
https://nadicergas.investor.net.my/wp-content/uploads/2026/04/GNC-Annual-Report-2025-Web-Version.pdf - [2] Gagasan Nadi Cergas Berhad — official website · Gagasan Nadi Cergas Berhad · accessed 28 Oct 2026
https://www.nadicergas.com/ - [3] Construction group Gagasan Nadi Cergas' IPO oversubscribed by 20 times · The Edge Malaysia · 28 Dec 2018 · accessed 28 Oct 2026
https://theedgemalaysia.com/article/construction-group-gagasan-nadi-cergas-ipo-oversubscribed-20-times - [4] Gagasan Nadi ends flattish after strong start on debut day · The Edge Malaysia · 9 Jan 2019 · accessed 28 Oct 2026
https://theedgemalaysia.com/article/gagasan-nadi-ends-flattish-after-strong-start-debut-day
Last updated 28 Oct 2026