Hiap Hoe acquire waterfront site in Melbourne, Australia

8 August 2013


Thomsons has acted for Singapore premium property developer Hiap Hoe Limited on its acquisition of a 3,795sqm waterfront site at 6-22 Pearl River Road in Melbourne for AU$28.8million.

Situated in the highly sought after NewQuay precinct, at the edge of Victoria Harbour, the planned development will be an iconic landmark in Docklands.

Its central location provides easy access to established transport, dining and cultural activities of the Melbourne CBD and also a spectrum of facilities within the Docklands precinct.

The waterfront development is Hiap Hoe’s first mixed-used residential/hospitality project outside of Singapore and marks their entry into the Australian property market.