Property: Kuan Lung Investment Development Launches 'Kuan Lung Taichung One Park' Project with NT$500 Million in Total Sales

Kuan Lung Industrial (8916-TW) has completed and launched sales for its first investment development project in Taichung, 'Kuan Lung Taichung One Park.' The company stated that the project has a total sales value of NT$500 million and began market sales from the 329 property sales period.

Kuan Lung Industrial emphasized that all its construction projects are built to the highest fire prevention and disaster safety standards, aiming to provide residents and occupants with the safest living environment.

On the evening of April 8, around 8:00 PM, a fire broke out at a construction site located along Longfu 10th Road and Longzhen 2nd Street in Taichung's Nantun District. Although 'Kuan Lung Taichung One Park' is also situated in this area, Kuan Lung confirmed that the completed project was unaffected and remains actively on sale.

Meanwhile, publicly listed developer Feng-Chien (5523-TW) issued a significant announcement this morning, stating that a fire occurred at approximately 8:32 PM the previous night at its construction site 'Feng-Chien Zhi De.' Fire departments responded immediately and extinguished the blaze by around 9:40 PM. There were no casualties, and the ignition point and exact cause are pending investigation and official reports from fire authorities.