Keppel Land bowls into residential property

Correddance, a subsidiary of Singapore-based Keppel Land group, is to embark on a 1,500-appartment residential area with its Vietnamese partner.

Construction of the first phase of the joint venture between Correddance and Hong Quang Property Development is scheduled to kick off by 2009.

The project, the fifth developed by Keppel Land in Viet Nam this year, is part of the group's 136 million USD property development plan in this Southeast Asian country.

VNA

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