Keppel Corp secures 10.97-ha residential site in Tianjin Eco-City

Singapore

KEPPEL Corporation's subsidiary Keppel Land China has secured a 10.97-hectare residential site in the Sino-Singapore Tianjin Eco-City for a total consideration of 1.07 billion yuan (S$214 million).

A total of 392 units of terrace houses and 180 units of low-rise apartments will be developed on the site. The project is expected to be launched in Q4 of 2019, and is targeted at upper-middle income homebuyers.The total development cost for the project is expected to be in excess of 1.90 billion yuan, said Keppel Corp.