Sunway to develop Toa Payoh land

By BUSINESS TIMES

SUNWAY Holdings Bhd plans to jointly develop a 2.75ha land in Toa Payoh, Singapore, into a mixed project with estimated gross development value of S$680 million (RM1.64 billion).

Teaming up with Hoi Hup Realty Pte Ltd Group, Sunway expects the project to be launched by June 2009 and should take four years to complete.

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