Sunway-Hoi Hup JV wins bid for Singapore condo

In a statement, the conglomerate said Sunway Property and Hoi Hup plans to redevelop the site into modern private residential condominiums, leveraging on the multiple strengths of its location.(File pic shows the iconic lion.in front of the Sunway Pyramid.)

PETALING JAYA: Sunway Bhd, through its joint-venture vehicle with Singapore developer Hoi Hup Realty, has won a competitive bid for the en-bloc acquisition of Flynn Park, a condominium development in Singapore, with a bid of S$371mil (RM1.15bil).

In a statement, the conglomerate said Sunway Property and Hoi Hup plans to redevelop the site into modern private residential condominiums, leveraging on the multiple strengths of its location.