Keppel Land enters joint venture with Sunsea Yacht Club
Keppel Land has entered into a joint venture with Sunsea Yacht Club to develop its first integrated residential cum marina lifestyle development in Zhongshan, Guangdong.
Keppel Land will have an 80 per cent stake in the venture to develop the waterfront homes in the affluent Pearl River Delta region of Zhongshan.
Targeted at the upper-middle to upper income segments, the proposed residential project covers a total area of 82 hectares.
When completed, it is expected to yield about 300 high-end luxurious villas with private berths, and 2,500 condominium units and serviced apartments.
Residents can look forward to a luxurious waterfront lifestyle enhanced by a marina clubhouse with related amenities, including fine dining restaurants, berths for about 550 boats, a boating school and comprehensive recreational facilities. - CNA/vm
Source : Channel NewsAsia - 30 Apr 2008
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