Monday, October 26, 2009

Hong Leong to build 400-unit residential project in Serangoon

Hong Leong Holdings said it plans to build a unique residential development on a land parcel at Serangoon Avenue 3.

The developer said the project will be cutting edge in both design and concept.

It will feature over 400 units, which will be sized according to the needs of customers within the area.

The 99-year leasehold site has a permissible gross floor area of about 418,000 square feet.

The company won the tender for the site with its top bid of S$221 million.

The project is expected to be launched in the first half of 2010.

Source: Channel News Asia, 26 Oct 2009

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