Jeddah's coastal skyline will undergo a dramatic transformation with the development of a premium site in the Al-Nawras area of the Corniche. The project is being developed by Keppel Al-Numu, the recently formed joint venture between Singapore-based Keppel Land, one of Asia's leading property developers, and the Saudi Economic and Development Company (SEDCO). The iconic 300-meter high waterfront development, consisting of two landmark residential towers with more than 900 luxury apartments, is designed to meet the Kingdom's increasing demand for luxury lifestyle concepts that feature all the modern amenities and technological advancements of 21st century living. Keppel Al-Numu will soon unveil this exciting new project that will set new benchmarks for the highest standards of design, construction, and exterior and interior finishing. Jeddah municipality has recently stated its intention of turning the Jeddah Corniche into one on the most beautiful seafront developments in the world. Keppel Land is one of Asia's leading property developers and is internationally recognized for its award-winning premier residential developments and investment-grade offices. Most recently, Keppel Land is the recipient of no less than 11 Euromoney Liquid Real Estate Awards 2008. Organized by Euromoney Liquid Real Estate magazine, a leading publication focused on international real estate financial markets, the Awards were based on a global survey of senior decision-makers in real estate banking, investment, development and advisory firms, as well as major corporate end-users in more than 50 countries worldwide. Keppel Land was also ranked among the Top Ten Asian companies in the prestigious Euromoney Award for Excellence in Real Estate 2006. The presence of an international property developer in the Kingdom's extremely competitive real estate sector is a boost to the market, which is seeing increasing demand for high-end luxury residential properties that combine innovative concepts of design and construction to provide homeowners with a premium lifestyle. __
