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Thursday, December 24, 2009

Sunway in S$420m Singapore project

SUNWAY Holdings Bhd expects its 30:70 joint property development project in Singapore with Hoi Hup Realty Pte Ltd to generate an estimated gross development value of S$420 million (RM1,030 million).

The project features eight blocks of 12-storey residential flats (totalling about 500 units) with a clubhouse, multi-tiered basement car park, roof terrace and swimming pool.

This is Sunway's first private property development in Singapore after previous state-backed projects at Boon Keng and Toa Payoh.

By Business Times

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