The disposal marks Sunway's exit from HHSN, one of the many joint venture projects between Sunway and Hoi Hup Realty. It was set up in 2012 to undertake the Royal Square at Novena development, which was completed last July. Sunway has not cut ties with the Royal Square. It has retained a floor of medical suites, some 8,500 sq ft of space, for its plans to set up Sunway Medical's first presence in Singapore. Another one of the two companies' projects is Hoi Hup Sunway Sengkang Rivercove Residences, which comprises 628 executive condominium units across 10 blocks, each 16 storeys high, in Anchorvale Lane. Launched on April 14, the riverside development is already 98 per cent sold.