World Class Land begins handover at Melbourne project AVANT

By Angela Teo
/ EdgeProp |
Singapore-listed property group World Class Land, which is 80%-owned by jeweller Aspial Corporation, announced on Feb 27 that it has started the handover of residential units at the 456-unit AVANT in Melbourne.
Located within walking distance of RMIT University, the 56-storey, freehold residential project was more than 96% (441 units) sold as at Feb 27, with sales totalling A$252.7 million ($261.5 million).
On Feb 23, World Class Land began the handover of 203 completed apartments to their buyers. The developer plans to hand over another 238 apartments sold over the next six months.
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Artist's impression of AVANT
(Credit: World Class Land)
World Class Land expects to realise a revenue of up to $252.7 million from the handover of the 441 units.

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