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Far East Consortium bags Estoril for S$224m

Group plans to amalgamate the site with that of Hollandia next door which it was awarded last month

Published Wed, Apr 4, 2018 · 09:50 PM

    Singapore

    HONG Kong-listed Far East Consortium International (FEC), which has just been awarded the collective sale of The Estoril on Holland Road at S$223.938 million, plans to amalgamate the site with that of the adjacent Hollandia that it clinched last month.

    "We're planning to redevelop the combined site into a 12-storey condo project with about 350 units averaging 70 square metres, subject to approval by the relevant authorities," said Dennis Chiu, executive director of FEC, when contacted by BT on Wednesday evening.

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