Keppel Land

Keppel Land: has secured a 6.6 ha prime city centre site for mixed use devt in Beitang District, Wuxi, Jiangsu province, China for Rmb 417.6m (~S$82m), which will comprise 1135 high-rise residential apts and commercial components. This is KPLD’s 5th project in Wuxi. Targeted at the upper-middle market, the proposed devt comprises mainly two- to three-bedroom units ranging from 90 to 140 sm and will include shopping streets and SOHO (Small Office Home Office) units. The future MRT Line 1 station located next to the site will commence service in mid-2014, The devt is expected to be launched in 1H15.