Developer

Developed By Hoi Hup Realty & Sunway Developments.

Plantation Close EC is a promising residential project developed by a partnership between Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. This collaboration combines the extensive expertise of both firms to create a high-quality living environment.

• Hoi Hup Realty Pte Ltd: Known for over thirty years of excellence in Singapore’s real estate industry, Hoi Hup Realty has built a reputation for its comprehensive and thoughtful approach to residential developments.

• Sunway Developments Pte. Ltd.: A subsidiary of the Malaysian Sunway Group, Sunway Developments brings a broad range of international experience from its involvement in sectors like real estate, education, and healthcare.

Project Acquisition and Record-Setting Tender

The site for Plantation Close EC was won after a competitive tender process, with the joint venture placing a winning bid of S$348.5 million. This bid translates to approximately S$703 per square foot per plot ratio (psf ppr), setting a new record for EC land rates at that time.

Tender Highlights:

• The tender attracted nine bids from major developers indicating strong market interest.
• The record price underscores the developers’ confidence in the project and its location in Tengah, Singapore’s pioneering “Forest Town.”

Development Strategy

The strategic alliance between Hoi Hup Realty and Sunway Developments is poised to bring forth a project that not only meets but exceeds the expectations of modern homeowners. The development strategy focuses on:

• Quality and Innovation: Ensuring high standards in building quality, incorporating sustainable practices, and using innovative design elements.
• Comprehensive Amenities: Provision of amenities that cater to all aspects of lifestyle and well-being.
• Alignment with Tengah’s Vision: The project aims to complement the eco-friendly and sustainable ethos of Tengah.

The combined strengths of the developers are set to provide a living space that is both environmentally aligned and rich in amenities, making Plantation Close EC a highly anticipated project in Singapore’s real estate landscape.