SINGAPORE (June 16): Chiwayland International says it has received endorsement from Parramatta city council to more than double its floor space ratio for its project.

Chiwayland intends to increase the floor space ratio from 4:1 when it was first purchased to 11.5:1 with total gross floor area of 32,545 sqm.

Chiwayland will develop a 138-metre tall residential building, Bluesky @ Parramatta, which is located in the centre of the Parramatta. The area is poised to be the alternative CBD of Sydney and is closely connected to major transportation routes.

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