18 Oct 2010

Keppel Land China secures prime residential sites in Chengdu

Leveraging its strong track record and relationships in fast-growing Chengdu, Keppel Land China has secured two prime sites at Jinjiang District and Xinjin County for RMB 1.21 billion and RMB 617 million respectively in the Sichuan capital for residential development. The first is a 5.1 hectare (ha) city site located along the Second Ring Road in Panchenggang (攀成钢), Jinjiang District (锦江区). Situated in a prime location with high connectivity, the site is also in close proximity to Dongdajie, Chengdu's financial street, as well as to shopping landmarks, the metro station and renowned schools. The second acquisition is in Mumashan (牧马山), Xinjin County (新津县). The sites are in close proximity to the Tianfu New City, which is poised to be Chengdu's software town and the future Central Business District with supporting lifestyle amenities.

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