TAP enters JV to redevelop freehold Bukit Timah site
The site spans approximately 1,004 square metres.
The Assembly Place Holdings Ltd. (TAP) has entered into a joint venture (JV) to redevelop a freehold residential property at 50 Jalan Harom Setangkai in District 10's Bukit Timah area.
According to the company, the site spans approximately 1,004 square metres and is slated for redevelopment into five terrace houses for sale. The project is expected to be launched for sale in the fourth quarter of 2026.
The project will be carried out through 50 JHS Pte. Ltd., a newly incorporated JV company in which TAP holds a 10% equity stake.
Beyond its equity position, TAP will serve as project manager overseeing redevelopment works, and will be involved in sales and marketing, earning project management and related fees from the arrangement.