In business updates for the 9MFY2022 ended June 30, Frasers Property announced it had sold 65.1% of Riviere units. The development is targeted to be completed by 1HFY2023. FPL has also sold 100% of Parc Greenwich, an executive condominium.
Elsewhere in Singapore, the planning process for Sky [email protected] is underway with an anticipated launch at end-2022. Sky Eden is the former Bedok Point that was divested by Frasers Centrepoint Trust (FCT).
For the nine months to June 30, 286 units were sold with unrealised revenue of $0.7 billion.