House and Land Development
In 2017, Sky Jade Capital purchased 200 & 220 Moore Rd, two plots of Sunbury, and planned to continue to buy 210 Moore Rd of 17 acres. Sunbury plot will eventually combine three large green areas. In 2017-2018 the administrative City Council of Hume began to change the zoning of land use in the area (Precinct Structure Plan, or PSP) , which is expected to be finalised by the end of 2019.It is largely in line with Sky Jade’s expectation and plan to develop the greenfield in Sunbury. Sky Jade Capital will start applying for the permit for the division of 300 houses in 2020 and will sell them in the form of "land bank" in the next 3-5 years.