UEM Sunrise finds success in Australia, Aurora units fully sold

Cheah: ‘We were a bit bold at that time because we just finished the Singapore sites and when we came here and saw the underground station, we thought it was a golden opportunity.’

MELBOURNE: UEM Sunrise Bhd is glad it has taken the opportunity to venture into Australia.

The purchase of the La Trobe site was not met with enthusiasm initially as the former carpark site came without planning approval and there were concerns about the high land price, said chief operating officer commercial Raymond Cheah.