It is located in a residential neighbourhood, near two existing projects by joint ventures involving both Frasers Propertyand Gemdale Corporation.
“This joint venture not only strengthens our presence in Shanghai but also underscores our commitment to delivering high-quality residential developments that meet the evolving needs of the Chinese community,” says Lim Hua Tiong, CEO of Emerging Markets, Asia at Frasers Property.
Shares in Frasers Property closed 0.5 cents higher or 0.602% up at 83.5 cents on Feb 26.
