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Transactions - SEPTEMBER 13, 2021

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Sunway-Hoi Hup consortium wins Singapore bid for $277m

by Andrea Zander

Sunway Bhd, through its joint venture with Singapore developer Hoi Hup Realty, has won a competitive bid for the Flynn Park building for $277 million.

Completed in 1986, the 72-unit Flynn Park occupies 208,443 square feet of 4.79-acre residential-zoned freehold land near Pasir Panjang MRT station. The conglomerate said Sunway Property and Hoi Hup intend to redevelop the site into modern private residential condominiums.

 

 

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