Keppel Land To Build 2,755 Condos in Wuxi



Keppel Land CEO Ang Wee Gee is focusing on five cities in China

Singapore’s Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) via a government land tender, the company announced on Monday.

Approved for development of a gross floor area of about 360,500 square meters, the government-backed southeast Asian developer says it intends to build a total of 2,755 homes on the site in eastern China’s Jiangsu province, just over midway on the high speed rail line from Nanjing to Shanghai.


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