ISLAND PALACE
Yixing Review of Operations – Business in Mainland China Progress of Major Development Projects
Changsha The Arch of Triumph (100% owned*)
Changsha
Songya Lake
Wangxian Road East First Road First East
East Fourth Road
East Third Road Third East East Second Road Second East Tangpo Road
Kaiyuan East Road
Changsha National Economic-Technological Development Area
The Arch of Triumph, Changsha
The Arch of Triumph is a community development with around 6,700,000 square feet of premium residential units to be built in three phases. Its 33-storey Arc de Triomphe-style building is a landmark development in this new town of Xingsha. Phases 1, 2A, 2B and 3A were completed and delivered to buyers already. A new prestigious school in Changsha, namely Datong Xingsha Primary School, has also been built and become operational. The remaining phases will provide approximately 2,050,000 square feet of residential area, in addition to 320,000 square feet of serviced apartments and commercial facilities upon their successive completion during the period from 2018 to 2019.
(*CIFI Holdings (Group) Co. Ltd. (“CIFI”) will participate in the development of Phases 3B and 3C and will share 30% of their costs and economic interests.)
Henderson Land Development Company Limited 64 Annual Report 2017 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Chengdu Chengdu ICC (30% owned)
Chengdu
R Shuangqing o ad Chengdu Metro Line 2 Shuanggui Road D on gd a R o a d
Tazishan Park
2nd Ring Road Shahepu Street Wangjianglou Guyapo Road Park Jingkang Road J Jinhua Road in g ju Yidu Ave si R o a d Lijieren Former Residence
Chengdu ICC, Chengdu
The 14,000,000-square-foot Chengdu ICC is a sizeable integrated development located in the business hub of Chengdu. Its closeness to the Tazishan Park and Shahe River affords the development a lush and vibrant environment. Its retail podium will be linked to an interchange station of two subway lines, providing convenient access to the Chengdu East rail station and other parts of the city.
The development will include about 7,000,000 square feet of residences, 4,000,000 square feet of office space, 1,800,000 square feet of retail space and a five-star hotel. Phase 1 provides over 900 units covering 1,600,000 square feet of gross floor area, which were virtually sold out and handed over to buyers before mid 2016. Scheduled to be handed over to buyers in the first half of 2018, the first two residential towers of Phase 2 spanning about 700,000 square feet of gross floor area were also virtually sold out. The remaining two residential towers of Phase 2 will provide about 1,000,000 square feet of gross floor area upon scheduled completion in 2019. Meanwhile, construction of the 1,200,000-square-foot shopping mall is currently under way, with the first phase of around 790,000 square feet scheduled for completion in 2019.
Dalian Henderson • Country Garden Jin Shi Tan Project (50% owned)
Dalian Dalian Golden Pebble Beach Hospital
Guanshi Road Jinshiyuan
Z h o n g x Yintan Road in S t re Haibin Road et
Henderson • Country Garden Jin Shi Tan Project, Dalian (artist’s impression)
Located in Jin Shi Tan scenic spot with a light-rail station and Maple Leaf International School in the proximity, a site of about 3,200,000 square feet will be developed in phases into a low-density luxury residential project. Complemented by a resident clubhouse and commercial facilities, it will provide an aggregate gross floor area of about 1,400,000 square feet for about 1,600 households, of which over 900 residences and commercial facilities under Phase 1 were completed and delivered to buyers. Construction of Phases 2 and 3 is in progress and launched for sales in 2017.
Henderson Land Development Company Limited Annual Report 2017 65 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Guangzhou Haizhu Square Station Project (100% owned)
Guangzhou
Jiefang Middle Road Gong Yuan ian Metro Station
Subway Line 2
Jiefang South Road Subway Line 6
Haizhu Square Metro Station
Tongqing
Road
Haizhu Square Station Project, Guangzhou (artist’s impression)
In the Yuexiu District of Guangzhou, “Haizhu Square Station Project” will be another iconic integrated development, sitting on the banks of Pearl River with direct connection to two subway lines. In June 2017, against an increased site area of about 340,000 square feet, an underground space of about 430,000 square feet was added to this large-scale project at a consideration of about RMB640 million and became available for commercial use. An open activity space will extend from the shopping mall to the expanded underground piazza, combining shopping, leisure and entertainment interaction all into a dynamic integrated experience. The upscale shopping mall and two Grade-A office towers, with a total gross floor area of about 1,800,000 square feet, are scheduled for completion in late 2019.
Nanjing Emerald Valley (100% owned)
Nanjing Nanjing Normal University ( B) Xuelin
Road
Wenlan Road
312 State Highway Nanjing Financial University
Nanjing Normal Golden Eagle University Shopping Centre
Wenyuan Road ueze Road Station ianlin Centre Station
Emerald Valley, Nanjing
Located in Xianlin New District, this land lot of approximately 1,600,000 square feet will be developed in three phases into a high-end residential project, complemented by a nursery, amenities and a community centre and other facilities, providing an aggregate gross floor area of about 1,100,000 square feet. With the relocation of universities and colleges into this district and the opening of Xianlin Centre subway station, this university town’s community facilities and transportation network are being further enhanced. Phases 1 and 2 were completed already. Phase 3 of the development, comprising mainly the commercial and community facilities, is now under development.
Henderson Land Development Company Limited 66 Annual Report 2017 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Shanghai Xu Hui Riverside Commercial Project (100% owned)
Shanghai Huang Pu River
LongyaoTunnel Road YunJin Road Station
Longyao Road West Bund Media Port Longyao Road Station
Xu Hui Riverside Commercial Project, Shanghai (artist’s impression)
At the Bund extension along the Huangpu River, Xuhui District, two office/commercial sites, which were acquired in July 2015 and January 2017 respectively, are now planned to be jointly developed as a large-scale integrated development. With well- established local infrastructure and excellent Bund views, the project will be developed as a landmark comprising about 2,670,000 square feet of Grade-A offices and about 350,000 square feet of retail spaces. Construction is now underway and the entire project will be completed in two phases from 2019 to 2020.
Shanghai Huaihai Middle Road Project (50% owned)
Sub way Line No.13
Su bwa intiandi Station y Li ne No.10
Hefei Road H D u Shanghai a M a n n s a Jiaotong gp h d u a University i i
n
R S g o School o u a R t of Medicine d o h a d R E N d o l oa a e o t R d v r s t Ea a h o t u e - ng d S Jia o R u t o h a d Madanglu Station Shanghai Subway Line No.9
Huaihai Middle Road Project, Shanghai (artist’s impression)
The advantageous location of being close to both Madang Road and Xintiandi subway stations, together with its green features and intelligent facilities make this office development a new benchmark in the Huaihai Middle Road business hub. Foundation work is underway. The project, which comprises office and retail space with an aggregate gross floor area of about 280,000 square feet, is slated for completion in the fourth quarter of 2020.
Henderson Land Development Company Limited Annual Report 2017 67 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Shanghai Lin Gang Nanhui New Town Project (Lot NNW-C4A-02) (32% owned)
Lin Gang Shanghai Avenue Station B LingRoad Lan ai J in Metro Line 16 g R o a d d a o Qi Qing Road R d a e g o k n R a i L rd R i e h h Shanghai y T t T i d e n Planetarium C h u i T o a r h A g Dishui
n a Lake h Shanghai
S
Station
East High
Nanhui New Town School e d k a a Comprehensive o L
R e
Service Building t
h s
Nanhui r T i
d
F
Shen Gang Avenue New n e
China u h
Town o Dishui T r
Maritime A Lake Museum
Lin Gang Nanhui New Town Project (Lot NNW-C4A-02), Shanghai (artist’s impression)
This project is situated at Lin Gang New Town, Pudong. With a total gross floor area of about 793,000 square feet, the project will contain 819 units in a blend of houses and high-rise apartments. It is planned for a single-phased completion in the third quarter of 2019.
Shanghai Lin Gang Nanhui New Town Project (Lot NNW-C4D-08, NNW-C4D-09) (25% owned)
Lin Gang Shanghai Avenue Station B LingRoad Lan ai J Metro Line 16 in g R o a d d a o Qi Qing Road R d a e g o k n R a i L rd R i e h h Shanghai y T t T i d e n Planetarium C h u i T o a r h A g Dishui n a Lake h Shanghai
S
Station
East High
Nanhui New Town School e d k a a Comprehensive o L
R e
Service Building t
h s
Nanhui r T i
d
F
Shen Gang Avenue New n e
China u h
Town o Dishui T
Maritime r
A Lake Museum
Lin Gang Nanhui New Town Project (Lot NNW-C4D-08, NNW-C4D-09), Shanghai (artist’s impression)
In Lin Gang New Town, Pudong, two adjoining land lots will be jointly developed into a low-density residential development, providing a total gross floor area of about 830,000 square feet against the total site areas of about 690,000 square feet. Offering nearly 900 apartment units, the project is complemented by ample greenery and a wide range of amenities. It is scheduled for a single-phased completion in the second quarter of 2019.
Henderson Land Development Company Limited 68 Annual Report 2017 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Suzhou Riverside Park (100% owned*)
Chunshenhu Rd. (W) Suzhou
Huo Li Dao utu Station Gang Metro
Station
Line 2 Line Subway
Yangchenghu Rd. (W)
Renmin Road Renmin
Sujiahang Expressway Sujiahang Yuan He Tan He Yuan
Subway Line 4 Line Subway Shanghai-Nanjing Expressway
Suzhou Railway Station Tiger Hill Scenic one
Riverside Park, Suzhou
Riverside Park, a community development project in Xiangcheng District, is supported by increasingly improved facilities. Benefitting from Suzhou’s picturesque beauty and reputation as the “Venice of the East”, the development nestles among scenic water themed surroundings. The entire project will have over 6,360,000 square feet of gross floor area to be completed in six phases. Phases 1 to 5, with a total gross floor area of about 5,150,000 square feet for 4,191 residences, have been completed already, whilst the remaining 1,090,000 square feet for 892 luxury residences under Phase 6 is under construction. Adjacent to the residential community of Riverside Park, there is an integrated commercial project. Phase 1, which boasts a total gross floor area of about 990,000 square feet, was completed and delivered in the second quarter of 2017.
(*CIFI will participate in the development of Phase 5 (Block Nos. 24 and 30) and Phase 6 and share 30% of their costs and economic interests.)
Suzhou Henderson • CIFI City (50% owned)
Suzhou
Tramcar Line 2 (Under Construction)
RT-Mart Suzhou inqu Supermarket Railway Station Metro Line 3 Yangshan (Under Construction) Experimental Suzhou inqu School Wenchang Experimental Primary School Urban Express Way WenChang Road Railway Station
Middle Ring Express Way Henderson • CIFI City, Suzhou
Located in Xushuguan Development Zone of Gaoxin District, this community development will provide a total residential gross floor area of over 4,200,000 square feet for 3,862 households, complemented by supporting facilities, on the site area of about 1,800,000 square feet. It will be developed in three phases with the scheduled completion for the whole project in the second quarter of 2019.
Henderson Land Development Company Limited Annual Report 2017 69 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Suzhou Luzhi Project (50% owned)
Honggang Road Suzhou
Beigang River
Luzhi Avenue
No.2 Road Yingyue
Luzhi Project, Suzhou (artist’s impression)
Located in Luzhi, Wuzhong District, this low-density residential development spans over a site area of about 310,000 square feet, offering 340 apartment units with a total gross floor area of about 460,000 square feet. This project also boasts a sizeable central landscaped garden so as to offer a healthy and comfortable living environment. Foundation work is in progress and it is scheduled for completion in the second quarter of 2019.
Suzhou Xukou Project (50% owned)
Suzhou SANYO Energy (Suzhou) Co. Ltd.
u Kou Experimental Primary School Maopeng Road
Rail Transit Line No.5 (Under Construction) u Kou Town Hall
Sunwu Road
Xukou Project, Suzhou (artist’s impression)
Located in Wuzhong District of Western Suzhou, the 520,000-square-foot land lot in Xukou is being developed into 1,149 residential units with a total gross floor area of over 1,300,000 square feet. The transportation convenience will be further enhanced by its strategic location, which is right above a subway station linking the currently under-construction Line No. 5. Foundation work is underway and it is slated for completion in the third quarter of 2019.
Henderson Land Development Company Limited 70 Annual Report 2017 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Xian La Botanica (50% owned)
Xian Chan River Second Ring Road North Subway Line 3 Tao Hua Tan Station Daming Palace National Heritage Park City Expressway Xilin Shi Jia Jie Station Expressway
Hujia Temple Huaqing North Road
Ring Road Station Third Ring Third Changle East Road Tong Hua Men Station Road East Subway Chanhe Line 1
Station
Road East Road
Second Ring Second East Ring Road Ring East i’an University i’an Polytechnic of Technology University La Botanica, Xian (artist’s impression)
Jointly developed by the Group and CapitaLand Township Private Limited of Singapore, La Botanica is located within the scenic Chan Ba Ecological District with a subway line connecting it to the city centre. This community development will have a total gross floor area of about 32,400,000 square feet, providing homes for over 28,000 households upon full completion. Phases 1A, 1B (C1 and C2), 2A, 3A (C1 and C2) and 2R6, 4R1, 2R2 (C1 and C2) and 2R4, with a total gross floor area of 14,440,000 square feet, were completed and delivered to buyers. Phases 3R2 and 2R5 (first section), which comprise about 2,160,000 and 1,520,000 square feet of residences respectively, have been put up for successive sales launch since the first half of 2017. Phase 2R5 (second and third sections), with a total gross floor area of 1,900,000 square feet, commenced its construction in the fourth quarter of 2017. Phase 3R4 with 1,460,000 square feet of floor area is planned to commence its construction in the second quarter of 2018. Both phases are expected to be put up for sale in the second half of 2018. By the end of 2017, 16,102 residential flats had been sold for the whole project. At site 4M1, the first phase development of an integrated shopping mall commenced its construction in the fourth quarter of 2017 and is planned to open for business in mid-2019.
Xian Palatial Crest (100% owned)
Xian Subway Line 3
Daming Palace National Heritage Park Huaqing Road
Second Ring Road East Huadong
Wanhe City Road Dongzhan Hujia Temple Station Changying Road Subway Line 1 Kangfulu Mall Tong Hua Men Station
i’an University Changle Park of Technology i’an Polytechnic University Palatial Crest, Xian
Adjacent to the Hujia Temple subway station, Palatial Crest is conveniently located at Jinhua North Road on the main artery of Second Ring Road East. The entire project will be completed in three phases, offering a total residential gross floor area of over 3,470,000 square feet for 2,744 households. Phases 1 and 2, comprising an aggregate residential area of about 2,690,000 square feet, were completed. Phase 3, comprising approximately 780,000 square feet of deluxe high-rise residential apartments, commenced construction in the third quarter of 2014. The first batch has been handed over to buyers in the third quarter of 2017 and the remainder will be delivered in the second quarter of 2019, respectively.
Henderson Land Development Company Limited Annual Report 2017 71 Review of Operations – Business in Mainland China • Progress of Major Development Projects
Xuzhou Xuzhou Lakeview Development (100% owned)
Xuzhou New Municipal Town Government
Dalong Lake
Lishui Road
Yingbin Road Xiaoxiang Road
Lianhuo Expressway
To Airport
Xuzhou Lakeview Development, Xuzhou
Catering to mid to high-end home buyers, Xuzhou Lakeview Development benefits from the beautiful natural landscape of Dalong Lake, convenient transportation and a comprehensive range of facilities. The project, which includes luxury detached houses, high rise apartments, commercial premises and other facilities, will be completed in four phases, providing a total residential area of approximately 4,500,000 square feet for 3,541 households. This project also boasts a commercial area of about 650,000 square feet, which is set for completion in 2018.
Yixing Grand Lakeview (100% owned*)
Xiangtou East RoadYixing
Yangquan East Road Jingyi
South Road Taihu Feng RoadYin Avenue Yixing Hospital Chengdong of Traditional Experimental Yixing Chinese Medicine Primary Dongyu Yangxian East Road School Elementary School
Dongjiu Lake
Dongjiu Avenue Daxi River
Grand Lakeview, Yixing
Set amongst lush, tranquil surroundings in Dongjiu District, Grand Lakeview is just a five-minute drive away from the city centre. To be completed in six phases, this lakefront development offers luxury living in a mix of semi-detached and duplex houses, multi-storey and low-rise apartments, providing an aggregate gross floor area of about 9,000,000 square feet for over 6,800 households. Phases 1A/1B/1C/1D at Site F, as well as Phases 1A/1B/1C at Site B1, were both completed providing residential/commercial area of about 3,550,000 square feet in aggregate. Phases 2 and 3 at Site F, as well as Phases 2 and 3 at Site B1, will in aggregate provide a residential/commercial area of about 5,450,000 square feet for over 4,300 households. Phase 2A at Site F commenced its construction with the planned completion in the third quarter of 2019. Phase 2 at Site B1 also commenced its construction with the planned completion in the fourth quarter of 2020.
(*CIFI will participate in its development of Phases 2A, 2B and 3 at Site F and Phases 2 and 3 at Site B1 and share 50% of their costs and economic interests.)
Henderson Land Development Company Limited 72 Annual Report 2017