CHANGING strategy midway can be a gamble, but for Gamuda Land, its maiden Australian venture – 661 Chapel St in Melbourne – has paid off handsomely. To date, the project has already achieved a 70% take-up rate.
Chief executive officer Ngan Chee Meng said the group decided to amalgamate the number of units for 661 Chapel St in South Yarra amid a slowing property market.
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