SingHaiyi won the tender for Dunman Road Government Land Sales (GLS) with a top bid of $1,283,888,998 on 14 Jun 2022. This 99-years leasehold site is zoned for residential use and has a site area of 271,619 sqft. With a gross plot ratio of 3.5, this city fringe plot can go up to a maximum gross floor area of 814,859 sqft, yielding up to 1012 residential homes.
SingHaiyi is a renowned property developer in Singapore with an impressive track record of residential and commercial development in Singapore, USA, Australia and Malaysia since 2002. The group also holds a diversified portfolio of businesses in retail and commercial sectors. Previously listed on SGX, SingHaiyi was officially privatized on 31 January 2022. Singhaiyi was awarded the winner of SPBA Established Brands in 2020/21. SingHaiyi most recent big-scale acquisition includes an en-bloc acquisition of Park West for S840.9 million.
SingHaiyi’s ongoing projects includes Parc Clematis, The Lilium, The Gazania and Peace Centre & Peace Mansion. Other completed projects include The Vales, City Suites and Citylife@Tampines.
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