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Int’l school for Tianjin Eco-City

Posted on 7 Nov 2009 | Comments Off

SINO-SINGAPORE Tianjin Eco- City Investment and Development Co Ltd (SSTEC) has embarked on a joint venture with GEMS Education, the world’s largest K-12 (kindergarten to Grade 12) education company, to co-develop GEMS’ first flagship greenfield international school in China.

The GEMS World Academy (GWA) Tianjin will be located near the commercial centre of Tianjin Eco-City’s Start-Up Area. It will open its doors in 2011 to more than 2,000 foreign students, ranging from pre-school to high school levels.

GWA Tianjin, with an estimated total investment of 140 million yuan (S$28.5 million), will deliver the International Baccalaureate (IB) programme.

The operator of GWA Tianjin will be a subsidiary of GEMS Education Holdings (PREACH) Pte Ltd, Singapore.

SSTEC is the master developer for the Tianjin Eco-City.

Source : Business Times – 7 Nov 2009

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Posted in Overseas Property

Tagged China Property, GEMS Education, GEMS World Academy Tianjin, Tianjin Eco-City

KL Metro eyes China, Vietnam for resort business

Posted on 28 Oct 2009 | Comments Off

Kuala Lumpur Metro Group (KL Metro) is eyeing China and Vietnam to expand its resort development business, said managing director Low Tak Fatt.

‘We are still in negotiations with the local parties there. Once the project is firmed up, we will make an announcement,’ he told a media conference here yesterday.

It is understood that if the negotiations were successful, it would be KL Metro’s first venture outside Malaysia. At the press conference, Mr Low announced the completion of the company’s second water homes project, the Legend International Water Homes in Port Dickson, Negeri Sembilan.

The first was the Legend Water Chalets. The resort will be managed by Legend Group of Hotels and Resorts.

Mr Low said a soft opening for the Legend International Water Homes was scheduled this Sunday and an official opening at mid-2010. ‘Most of the buyers are from Hong Kong, UK, Singapore, United Arab Emirates and Macau. They are mostly private investors who buy the units and lease them back to us for a certain period,’ he said. Continue reading →