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Lendlease-ADIA to include 429 apartments in Paya Lebar project

Development also comprises office and retail space; TOP expected in 2018

Kalpana Rashiwala

Kalpana Rashiwala

Published Mon, Jan 25, 2016 · 09:50 PM
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Singapore

THE consortium comprising Lendlease and Abu Dhabi Investment Authority (ADIA) that last year bagged a plum site in Paya Lebar Central, has obtained provisional permission from Singapore's planning authority to build a project that will comprise offices, retail space as well as 429 apartments.

Going by market talk, the apartments are expected to be launched for sale probably next year.

This will mark the first time the Australian group will be developing homes in Singapore. It has been operating here for more than four decades.

The Urban Redevelopment Authority (URA) granted provisional permission last month for the developers to build a project that will hav…

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