Gem Residences condominium at Toa Payoh will be developed by a consortium headed by Evia Real Estate Pte Ltd.
Due to the prime location, the land sale drew a strong response of 14 bids. This is testimony to the fact that developers know that there will be a strong demand for private condominiums in Toa Payoh. There has only been 3 developments since independence, the last being in 2011.
Evia Real Estate has earned itself an admirable reputation for quality, with its last couple of projects selling out within a fairly short period of time.
Evia Real Estate Management Pte Ltd provides property development and project management services. The company is based in Singapore.
Maxdin Pte. Ltd. engages in property investment activities. The company was incorporated in 1995 and is based in Singapore. Maxdin Pte. Ltd. operates as a subsidiary of Greatearth Holding Pte Ltd.
Gamuda Berhad is an engineering, property and infrastructure company based Malaysia. It is one of the largest Malaysian infrastructure companies and has undertaken various projects, both locally and overseas, like the construction of Klang Valley MRT lines, highways, airport runways, railways, tunnels, water treatment plants, dams, infrastructure concessions and the development of new townships.
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