Keppel Opens Its First Senior Living Facility Asia
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Keppel has recently launched its first senior living establishment in Asia, located in Nanjing, China. This purpose-built facility, called Sindora Living Nanjing Qixia, boasts a capacity of 400 beds.
The growing number of elderly populations in many parts of the world, particularly in Asia, has fueled the demand for quality senior care services. Keppel’s CEO of Real Estate, Louis Lim, expressed excitement about the flagship project for Sindora Living, the company’s senior living brand and operating platform in Asia.
Spanning a total built-up area of 213,543 square feet, Sindora Living Nanjing Qixia was acquired by Keppel from China Overseas Land & Investment Limited in 2022. Keppel announced plans to renovate the property into a premier assisted living community.
The location of Norwood Grand Condo is exceptionally advantageous due to multiple factors, with its accessibility being a key component. Situated in the heart of Woodlands, a rapidly changing area within the North Coast Innovation Corridor, this project is ideally situated for those who rely on public transportation and those who have their own vehicles. In addition, add once Norwood Grand Condo blends seamlessly into this bustling landscape.
In addition to providing day-care and home-care services to nearby communities, the facility is also surrounded by established residential projects, schools, parks, and hospitals. It offers a diverse range of activities, including preventative, therapeutic, and intergenerational programs and excursions to local attractions.
Aligned with Keppel’s commitment to sustainability, the project features low-carbon, energy-saving, and environmentally friendly solutions. It has also received Gold certification under the United States Green Building Council’s Leadership in Energy and Environmental Design (LEED) green building rating system.
Lim mentioned that the Nanjing facility will serve as a foothold for Keppel’s expansion into other senior living markets in China and beyond. He added that the company is looking forward to creating more communities where seniors can lead active, fulfilling, and meaningful lives while receiving top-notch care and services.
Keppel is no stranger to the senior living industry, with a 50% stake in US-based senior living operator Watermark Retirement Communities, which manages approximately 70 communities.