New EC @ Plantation Close B | Project Description
Summary of Hoi Hup Realty and Sunway Development's EC Projects
Awarded Site:
- Location: Plantation Close
- Date: February 14
- Winning Bid: $423.38 million or $701 psf ppr
- Size: 215,691 sq ft
- Development: New 560-unit executive condominium (EC)
Previous Acquisition:
- Location: Parcel A, neighboring site
- Date: September
- Winning Bid: $348.5 million ($703 psf ppr)
- Size: 176,973 sq ft
Amenities and Institutions Nearby:
- Malls: JEM, Westgate, IMM
- Schools: ACS (Primary), Princess Elizabeth Primary School
Developer's Vision:
- Goal: Create high-quality ECs leveraging proximity to new amenities in the future Tengah development, Jurong Lake District, and Second CBD.
- Statement: Wong Swee Chun, chairman of Hoi Hup Realty, emphasizes quality and strategic location benefits.
Future Tengah Development:
- Description: A futuristic new town for smart and sustainable living.
- URA West Region Masterplan: Easy access to quality amenities, green spaces, gardening and farming areas.
- Jurong Innovation District: Future residents will benefit from proximity to high-tech and manufacturing hubs.
Hoi Hup-Sunway JV Projects:
- Novo Place and Plantation Close Parcel B ECs: New developments.
- Past Projects:
- Parc Canberra in Sembawang (496 units, sold out)
- Parc Central at Tampines (700 units, sold out)
- Current Launches:
- The Continuum at Thiam Siew Avenue, District 15 (862 units, freehold)
- Terra Hill at Pasir Panjang (270 units, freehold)
- Ki Residences at Brookvale (660 units, 999-year leasehold)
Conclusion: Hoi Hup Realty and Sunway Development are expanding their portfolio with strategic acquisitions and developments, focusing on high-quality ECs in prime locations with access to extensive amenities and future growth areas.
Latest and Upcoming new EC includes North Gaia EC, Lumina Grand EC, Altura EC, Aurelle Of Tampines, New EC @ Senja Close, Novo Place EC, New EC @ Jalan Loyang Besar