23 Jan '14, 6am

#GlobalREBubble #AUSBUBBLE 'Aspial To Build Melbourne's Tallest Tower' via @SGPropertyGuru

Jan 23, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share After clinching a development site in Melbourne's Southbank district for AU$42.3 million (S$47.93 million), Singapore developer, Aspial Corporation, plans to build the tallest tower in the city. "We are truly humbled, yet excited to be involved in this monumental project. It is certainly a groundbreaking milestone for Aspial to play a part in the development of the tallest skyscraper in Melbourne, which will soon lend its compelling presence to the city's urban skyline," said company CEO Koh Wee Seng. Notably, the development site has two active planning permits, one of which allows for the construction of a 388-metre tower but is subject to approval from aviation authorities. The authorities have stated that this could violate the aviation guidelines of Essendon Airport. If such a conflict arises...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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