Eco World wins RM667mil tender for prime Singapore land
The property development group says the land in the Thomson enclave will be for its first residential property project in the republic.
Singapore property developer Eco World Development Group Bhd (EcoWorld) has secured a major tender for a prime plot of land in the country. The group has been awarded a 4,283 sq m plot of land on Lorong Puntong-Sin Ming Avenue, with a 99-year leasehold agreement. The tender was awarded through EcoWorld's Singapore subsidiary and carried a bid price of S$208.09 million (RM667.6 million).
The land is situated in the established Thomson enclave, which is predominantly private residential developments. EcoWorld plans to develop the site into a residential project comprising condominium apartments or flats. The maximum permissible gross floor area for the project will be 11,994 sq m.
EcoWorld's president and CEO, Chang Khim Wah, indicated that the company aims to commence the project in 2028. The tender is anticipated to be finalized in the fourth quarter of 2026.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Eco World wins RM667mil tender for prime Singapore land freemalaysiatoday.com
