Keppel Opens Its First Senior Living Facility Asia
Keppel has recently opened its first senior living facility in Asia, known as Sindora Living Nanjing Qixia. This marks a significant milestone for the company as they expand into the rapidly growing market for senior care services in Asia.
Louis Lim, CEO of Real Estate at Keppel, expressed his excitement for this flagship project for Sindora Living, the company’s senior living brand and operating platform for Asia. According to Lim, the increasing aging population in many parts of the world, particularly in Asia, has driven the demand for quality senior care services.
Located in Nanjing, China, the purpose-built senior living facility boasts a 400-bed capacity and covers a total built-up area of 213,543 sq ft. Keppel acquired this property from China Overseas Land & Investment Limited in 2022, with plans to transform it into a premier assisted living community.
Apart from providing high-quality care services, Sindora Living Nanjing Qixia also offers day-care and home-care facilities to nearby communities. The facility is surrounded by established residential projects, schools, parks, and hospitals, offering a convenient and vibrant living environment for its residents. It also offers a wide range of activities, including preventative, therapeutic, and intergenerational activities, as well as trips to local attractions.
In line with Keppel’s commitment to sustainability, the facility features low-carbon, energy-saving, and environmentally friendly solutions. It has also been awarded the Gold certification under the United States Green Building Council’s Leadership in Energy and Environmental Design (LEED) green building rating system.
Lim stated that this facility in Nanjing will serve as a launchpad for Keppel’s expansion into other senior living markets in China and beyond. The company aims to create more communities where seniors can lead active, fulfilling, and purposeful lives while receiving top-notch services and care.
This project is also a testament to Keppel’s dedication to sustainability, as it continues to invest in environmentally friendly solutions and incorporate them into all their developments. Keppel also owns a 50% stake in the US-based senior living operator Watermark Retirement Communities, which manages around 70 communities. With the opening of Sindora Living Nanjing Qixia, Keppel is set to further strengthen its presence in the senior living market and provide quality care services for the aging population in Asia.
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