Hoi Hup-Sunway’s winning of Plantation Close EC Parcel B in Tengah New Town will result in Arina East Residences

With Arina East Residences now in the hands of a capable and experienced developer, home buyers and investors can look forward to an exciting new residential development that will add value and enhance the living experience in the East Coast area.

Hoi Hup Realty and Sunway Development won the executive condo (EC) site at Plantation Close with a top bid of $423.38 million or $701 psf per plot ratio (psf ppr). The 99-year leasehold site spans over 215,691 sq ft and can potentially yield 560 new EC units.The site is strategically located near a variety of amenities, such as shopping malls like JEM, Westgate, and IMM, as well as reputable educational institutions like ACS (Primary) and Princess Elizabeth Primary School.This contributes to the developers’ vision to create a collection of high-quality ECs that take advantage of the proximity to future amenities in the upcoming Tengah development and the nearby Jurong Lake District and Second CBD. Wong Swee Chun, chairman of Hoi Hup Realty, shared this vision.”We see great potential in the rapidly growing Tengah area, and we intend to deliver a development that caters to the needs and lifestyle of future residents,” he said.Tengah New Town, the planned site for the EC, is a model futuristic new town for smart and sustainable living. According to the URA West Region Masterplan, future residents of the development will have access to top-notch amenities, abundant green spaces, and dedicated gardening and farming areas.Not only will the site benefit from the facilities within its vicinity, but it is also in close proximity to the upcoming Jurong Innovation District. This will provide access to cutting-edge digital tech and manufacturing businesses, as well as a strong community presence.The winning bid for Plantation Close EC site was not Hoi Hup and Sunway’s first successful joint venture. Last September, they secured the adjacent 176,973 sq ft Parcel A site for $348.5 million ($703 psf ppr).The developers’ track record includes the fully sold 496-unit Parc Canberra in Sembawang and the 700-unit Parc Central at Tampines. They also have ongoing projects such as 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.Overall, the Hoi Hup-Sunway partnership continues to thrive and produce successful developments that cater to the needs and preferences of future residents. With the addition of the Plantation Close EC site, there are even more exciting opportunities for those looking for top-quality living arrangements. Don’t miss out on the chance to experience the best of Singapore living at Arina East Residences.