CapitaLand Limited FY2013 Results
89
CapitaLand China - Residential
✓ Acquisition Of A Prime Site In Ningbo
• Prime residential site located in Sunjia, Jiangbei District, Ningbo acquired
through a land bid in Jan 2014
• Site in the north bank of Yao River, surrounded by mid to high-end residential
projects and commercial developments. Well served by main roads and easily
accessible via the Airport Highway and expressway. Planned MRT expected to
be operational in 2018/2019 and is 800 metres away from the site
•
Plan to build ~1,100 units of small and medium-sized units on the site to cater to
first-time homebuyers and upgraders.
Construction is expected to begin in 3Q 2014 with the first phase targeted for
launch in 2015
MRT Station
ZhuangqiaoStation
(High-speed Rait)
Airport Road
To Airport
Bus Station
Site
West R
Ring Road
4
Metro Line 4
(Planning)
WARE
Raffles City
Project details:
GFA (Sqm)
126,212 sqm
Acquisition price
Consideration
RMB 8,858 per sqm per plot ratio
S$232 million
CapitaLand Limited FY 2013 Results
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