The company said in a statement yesterday it would build on the acquired site measuring 29,440 sq ft a high-rise building comprising 105 units of one, two and three-bedroom apartments and launch the project by the middle of next year.
Its president and chief executive officer Tan Sri Liew Kee Sin said the group had been carefully crafting its strategy to expand its development base to include integrated commercial-cum-high rise residential projects as well as international expansion.
“We see this as a good timing to participate in the upturn of Singapore's economy,” said Liew.
By Bernama
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