Brookvale Park's owners to get en bloc hongbao as sale is approved
Redevelopment includes plan to open another route from Sunset Way area to Clementi Rd
Singapore
NOW that a sale order has just been granted for Brookvale Park condo's en bloc, buyer Hoi Hup Sunway will soon be able to embark on its redevelopment, which includes a plan to extend Sunset Way by cutting through the site and a forested area to connect to Clementi Road, its spokesperson told The Business Times on Friday.
The Sunset Way neighbourhood currently has just one connection to Clementi Road.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US renters seeing chance of owning a home at record low: NY Fed survey
Shenzhen eases home buying to revive sales in China tech hub
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million
Lendlease Global Reit’s committed portfolio occupancy rises to 88.8% in Q3
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price
China home sales slump 47% over May Day holiday vs 2023