09 Jun 2011
Keppel Land China secures prime residential site in shanghai
Keppel Land China has secured a 7.2-hectare site in the established residential area of Nanxiang Town, Jiading District in Shanghai for RMB 1.25 billion for the development of high-rise apartments. The site is located in a mature middle to upmarket satellite town sought after by upgraders for owner's occupation. A 30-minute drive from the city centre at People's Square, it is also in close proximity to the train station. Quality educational facilities such as the British International School and other amenities including Carrefour and Walmart will also be in the vicinity.