Chuan Hup Holdings' Australian subsidiary Ventrade Australia has entered into a joint venture with BHHP14, an associated company of Siera Group, to acquire and develop a land site located in Surfers Paradise, Queensland, Australia.
Siera and its group of associated companies is a boutique residential property developer and builder, specialising in medium-density housing, luxury homes, and small lot subdivisions in South-East Queensland. The Siera Group’s current portfolio comprises a mix of luxury apartments and terrace homes.
See also: Chuan Hup Holdings reverses from red to net profit of US$9.6 mil for 1H21
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