Home News Property

Ho Bee Land acquires three residential development sites in Australia for A$115 million

Khairani Afifi Noordin
Khairani Afifi Noordin10/28/2021 6:31 PM GMT+08  • 2 min read
Ho Bee Land acquires three residential development sites in Australia for A$115 million
The sites are located in Victoria and Queensland.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Ho Bee Land’s subsidiaries, HB QLD and HBL VIC have separately acquired three residential development sites in Australia for an aggregate acquisition price of approximately A$115 million.

HLB VIC has acquired a 45.61 hectare site located in Mickleham, Victoria. The site is located 25km north of the Melbourne CBD within the Craigieburn West Precinct Structure Plan area. Close to the Craigieburn Town Centre, it is well served by schools and train lines and is 10km away from the Melbourne Airport.

The site is expected to yield approximately 609 residential lots, a regional sports field and a government school.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.