Frasers' Aussie home projects on show

Business Times - 23 Jul 2009

'The Sydney Collection' exhibition on at St Regis Singapore this weekend

(SINGAPORE) Frasers Property Australia, an overseas arm of Frasers Centrepoint, is holding an exhibition of its Sydney residential projects here this weekend.

The Sydney Collection - comprising Lumiere Residences, Lorne Killara and Trio - is on show at the St Regis Singapore.

In addition, a panel of Australian property experts have been invited to give their views on the potential of the Australian market. The line-up includes Stanley Quek, Frasers Property Australia's managing director, and Rory McLeod, a property analyst with Colliers International Research, Sydney. The third speaker, Carolyn Chudleigh, is a property lawyer and director of the Property Council of Australia, a body that represents developers.

Frasers Centrepoint chief executive Lim Ee Seng said the group hopes the positive buying sentiment in Singapore will spill over to its overseas projects.

'Sydney, in particular, is currently enjoying a strong pick-up in its sales,' he said. 'Australia has long been a popular market for Singapore buyers, and this is a good opportunity to view some of Sydney's best properties under the Frasers brand.'

Lumiere Residences is situated in Sydney's historic mid-town. The project is 56 storeys high and comprises 456 apartments. Prices start at A$1.16 million (S$1.35 million).

Lorne Killara is in the heart of Sydney's prestigious North Shore. The project is a boutique development of 36 apartments and four pavilion-style penthouses. Prices start at A$795,000.

Trio is in an established residential community in Sydney's Inner West, near major universities and teaching hospitals. Prices at this project, which is yet to be completed, start at A$435,000.