PETALING JAYA: Sunway Bhd
and its Singapore-based joint venture partner, Sing Holdings Residential Pte Ltd (SHRPL), have secured a residential development project worth RM2.33bil in Chuan Grove, Singapore.
In a filing with Bursa Malaysia, Sunway said the Urban Redevelopment Authority of Singapore had awarded a parcel of land measuring approximately 15,831.5 sq metres at Chuan Grove for a 99-year lease term for a residential development at S$703.6mil (RM2.33bil) to SHRPL and Sunway Developments Pte Ltd (SDPL) following a successful tender for the land.
