Frasers Property Australia secures site for A$440m project
Singapore
FRASERS Property Australia has secured a 115 ha site in Wyndham Vale, Melbourne, Australia, for a A$440 million (S$467.9 million) mixed-used community project.
The site - at 974 Black Forest Road - is adjacent to a proposed rail station. The residential component covers 69.4 ha and will yield around 1,200 lots, with 8.3 ha allocated to education/community use, a further 8.3 ha for retail and 14.8 ha dedicated to mixed-use commercial/employment.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
HDB resale prices up 1.8% in Q1; rental market slows down
Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year