UOL Group targets launches in Pine Grove and Watten Estate in 2023

UOL reflects on a year of success, announces future plans for property development. The group saw robust sales for its residential development projects as evidenced by its AMO Residence project, which was nearly totally sold out. They will also launch two projects this year at Pine Grove and Watten Estate with designs that emphasise luxury and refinement. At the same time, UOL Group is also working on AEIs and enhancements for its commercial properties. Going forward, UOL expects the residential market to continue to Tengah Plantation EC ride on a moderate price increase despite the new stamp duties imposed. With their current pipeline and landbank replenishment, they look forward to capitalising on their freehold properties and maintaining their industry leadership.