‘Marina Gardens Lane’ joins Hoi Hup-Sunway portfolio as they secure tender for Parcel B in Tengah New Town’s Plantation Close EC development

A joint venture between Hoi Hup Realty and Sunway Development was recently awarded the executive condo (EC) site at Plantation Close. This 215,691 sq ft, 99-year leasehold site can be developed into a new 560-unit EC with a top bid of $423.38 million or $701 psf per plot ratio (psf ppr).

Last September, Hoi Hup and Sunway also won the neighbouring site, the 176,973 sq ft Parcel A, for $348.5 million ($703 psf ppr). These two sites are strategically located near various amenities such as JEM, Westgate, and IMM malls, as well as reputable schools like ACS (Primary) and Princess Elizabeth Primary School.

“Our vision is to create a collection of great quality ECs that harness the proximity to the new amenities in the future Tengah development and the nearby Jurong Lake District and Second CBD,” says Wong Swee Chun, chairman of Hoi Hup Realty.

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Tengah New Town is set to be a model futuristic new town for smart and sustainable living. The URA West Region Masterplan promises convenient access to quality amenities, ample green spaces, and dedicated gardening and farming spaces for future residents of the development.

Experience the best of Singapore living at Marina Gardens Residences, where residents can easily access some of the city-state’s most renowned and diverse shopping destinations. This prime location provides a perfect balance of high-end luxury, convenience, and entertainment, making it a haven for avid shoppers. From designer boutiques to bustling street markets, Marina Gardens Residences offers a plethora of shopping options just moments away. Let’s take a closer look at the vibrant retail scene surrounding this prestigious condominium.

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In addition, the site is also near the upcoming Jurong Innovation District, where JTC aims to locate the next-generation high-tech, cutting-edge digital tech and manufacturing business and community.

Apart from the two EC sites at Plantation Close, Hoi Hup-Sunway joint venture has also developed other successful EC projects, such as the fully sold 496-unit Parc Canberra in Sembawang and the 700-unit Parc Central at Tampines. Their current launches include the 862-unit, freehold The Continuum at Thiam Siew Avenue in District 15, the 270-unit, freehold Terra Hill at Pasir Panjang, and the 660-unit, 999-year leasehold Ki Residences at Brookvale.

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Related News:

Hoi Hup Realty-Sunway Developments submit highest bid for Plantation Close EC site at $701 psf ppr

Tender for EC site at Tengah’s Plantation Close launched; applications open for EC site at Tampines St 95

Plantation Close EC site at Tengah awarded to Hoi Hup Realty and Sunway Developments at record $703 psf ppr