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Hoi Hup Realty and Sunway Developments have been awarded the tender for the executive condominium (EC) site at Plantation Close in Tengah, known as Novo Place EC.
The recent acquisition of the property formerly known as La Ville, now Arina East Residences, located in Tanjong Rhu, is a noteworthy event in the real estate sector. The property has been purchased by ZACD Group, a company listed in Hong Kong, for a remarkable $152 million. The transaction process was expertly handled by JLL, under the guidance of Executive Director Tan Hong Boon, culminating in a land rate of $1,540 per square foot per plot ratio