Keppel Land: sold >90% of the 220 units released for the soft launch of Seasons Park in Tianjin Eco-City at avg price of Rmb11k psm, within expectations. Seasons Park comprises a total of 1,672 residences, and is 55/45 owned by Keppel Land/ Keppel Corp. Strong interest marks a good start to Keppel’s eco-development project, which will be launched in phases, and is expected to yield ~5k homes, as well as commercial developments incl office and retail with total gfa of ~680k sm...
Recent ratings mostly Buys and Holds. KE the most bullish in the Street, with $5.60 target.
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