Hiap Hoe wins land tender in Melbourne for $33.6 million
DEVELOPER Hiap Hoe has been awarded a tender for a 40,849 square feet metre site in Melbourne, Australia for A$28.8 million (S$33.6 million).
Situated in the highly sought after NewQuay precinct, at the edge of Victoria Harbour, the planned development will be an iconic landmark in Docklands, towering over all other buildings in the precinct, with commanding views from all angles.
The site possesses all the necessary planning permits for the development of two buildings with 425 residential units.
In the approved plans developed by dKO Architecture, one of Australian's leading architects, the first building consists of a podium interface and a tower above, while the second building is set to be the tallest building within the precinct.