Share
KUALA LUMPUR/SYDNEY: Little Bay Cove in Sydney, Australia, a joint development of TA Global Bhd and Charter Hall Group, has commenced construction and will be available for sale in October this year.
According to its press release on July 6, Little Bay Cove spans 13.6 hectares and comprises approximately 570 homes. The A$600 million (RM1.93 billion) development will offer a selection of different housing types, including apartments and courtyard homes, while vacant land lots will also be available. It is located at the southern end of the eastern suburbs coastline and 14 km from Sydney's central business district.
It added that over 50% of the estate is dedicated to open space and is surrounded by four elite neighbouring golf courses and nearby Little Bay Beach. Prices for its apartments, courtyard homes, and vacant land lots start from A$475,000, A$980,000 and A$1,200,000 respectively.
Charter Hall joint managing director David Southon said the Group's flagship residential project would bring vital housing diversity to the area:
"Little Bay Cove has been designed to answer a need for a sustainable community that offers real housing choice and affordability. With prices from A$475,000 for apartments, we are expecting strong interest in the project," Southon said.
TA Global Bhd executive chairman Datuk Tony Tiah Thee Kian said Little Bay Cove represented a major opportunity for the Group to expand its presence in the Australian market, working alongside one of the Country's leading property fund managers and developers.
"We have been looking to expand our presence in Australia for some time and are delighted to be developing such an exciting new master planned community for Sydney. Little Bay Cove will establish a new benchmark for coastal communities in Australia," Tiah said.
SHARE
