QingJian Group Co., Ltd
Qingjian Realty has taken two bold steps to acquire two port lands in two different territory recently – the En Bloc site at Shunfu Ville, as well as securing a $301 million mixed development site at Bukit Batok.
Qingjian acquired the Shunfu Ville, the En Bloc site for $638 million. The General Manager of Qianjian, Mr Li Jun told The Straits Times that, he has been eyeing the Shunfu site since October.
Former Shunfu Ville has a total number of 358 units sitting on a 408,927 sqft site and approx 300m away from the Marymount MRT. Although Qingjian acquired the site at $638 million but it is still well below the reserve price of $688 million.
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