IOI unit to re-schedule launch of condo project

PETALING JAYA: IOI Properties (S) Pte Ltd (IOIP), a wholly-owned unit of IOI Properties Bhd, is looking to launch its maiden upmarket condominium project in Singapore’s Sentosa Cove next year when market sentiment in the city-state improves.

“We have rescheduled the launch of Seascape Collection to next year to coincide with the completion of the Integrated Resort (IR) project on Sentosa island, which would kick-start commercial and tourism activities in Sentosa Cove, and to be in sync with the expected economic rebound,” IOI Properties director Datuk David Tan told StarBiz yesterday.