On December 29, 2017, China Merchants, COFCO and Yangguang City acquired R-15 plot of Keqiao, Shaoxing. On April 20, 2018, Vanke & Canhigh Joint Venture Company has signed a cooperative development agreement with the tripartite consortium to develop the land in the form of equity investment. This plot covers an area of about 136,000 square meters in total, with a plot ratio of 2.5 and a building area of about 140,000 square meters. The accommodation value is RMB 7,345 per square meter.
Keqiao is located in the west of Shaoxing City with developed transportation. It is only 20 minutes’ drive from Hangzhou International Airport. It is the bridgehead for Shaoxing to merge into Hangzhou. Keqiao is one of the top 100 counties in industrial and comprehensive strength in China. With China Textile City which is the largest cloth distribution center in Asia, it has strong regional economy and great development potential.
The R-15 plot in Keqiao is located in the large and small Banhu plate of Keqiao. It is only 450 meters away from "Jishan Road" Station of Hangzhou-Shaoxing Intercity Railway Line, only 4.2 kilometers from Keqiao District Government. It is a rare and scarce homestead in Keqiao District. With beautiful lake scenery, the region is a window of ecological livable Keqiao, which is very suitable to be built into a high-end waterfront residential area.
Canhigh has repeatedly developed high-quality projects in Shaoxing, including Poetic Home (Shaoxing) which is the first high quality urban residential landmark in Datan, Shaoxing, Park Home (Shaoxing) which is the first modern Chinese humanistic house in Shaoxing, furthermore Warm Town (Shaoxing) which is the first national family residential district in Shaoxing. This investment in Keqiao focuses on the future leading role of Keqiao in the construction of Hangzhou-Shaoxing metropolitan area. It is believed that the integration of Hangzhou and Shaoxing will release tremendous potential for development.

