Review of Operations – Business in Mainland and Macau Progress of Major Development Projects

Anshan

Old Stadium Site (100% owned by the Group)

Adjacent to the scenic Yufoshan municipal park, an old stadium site of approximately 600,000 square feet in the city centre will be developed in phases into a high-end residential community with a total gross floor area of approximately 3,700,000 square feet. Construction of the first 1,200,000 square feet of residences plus 60,000 square feet of clubhouse and commercial area is now under way and scheduled for completion in the fourth quarter of 2013.

Anshan

Anshan International Hotel

YuanlinHuaixiang Road Road Anshan Gateball Field Anshan Yufo Court Anshanshi Anshan Justice Bureau Laoganbu University

Old Stadium Site, Anshan (artist’s impression)

Project in Yingchengzi (100% owned by the Group)

Hunan Street Anshan Yingcui Road

Huihuayuan

Road Yingcheng Cuijia North Road

Gaoguanling Village

Anxia Line Cuijia West Road West Cuijia Gaoguanling Cuijiatun Elementary Road Guihua Village School Kuanggong Road

Project in Yingchengzi, Anshan (artist’s impression)

In the Qianshan , a land lot of approximately 5,500,000 square feet will be developed in phases into a large scale residential community with a total developable gross floor area of about 14,000,000 square feet. Site formation is in progress.

Henderson Land Development Company Limited 66 Annual Report 2011 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Changsha

The Arch of Triumph (99% owned by the Group)

Changsha

Songya Lake East Fourth Line Fourth East

Wangxian Road

East First Line First East

East Third Line Third East East Second Line Second East Yanghu Road

Kaiyuan East Road Xingsha Town Changsha National Economic-Technological Development Area

The Arch of Triumph, Changsha (artist’s impression)

The Arch of Triumph is a community development with over 7,750,000 square feet of premium residential units being built in three phases and its 33-storey Arc de Triomphe-style building is a landmark construction in this new town of Xingsha. Phase 1A of about 620,000 square feet of residences was completed in June 2010, whilst another 640,000 square feet of residential space plus 30,000 square feet of clubhouse and commercial area in Phase 1B were also finished at the end of 2011. Both phases were highly sought after by home-buyers and over 94% of the residential space has been sold. Construction of another 1,610,000 square feet of residences began in July 2011 and they will be released in batches to the market in May 2012.

Chengdu

Chengdu ICC (30% owned by the Group)

Chengdu ICC is in a prime area of Chengdu Hotel Chengdu Shuangqing Road Dongdajie commercial and financial Shuanggui Road district near the second ring road and Shengli Cinema River Shahe, with a panoramic view Tazishan of Tazishan Park. It will be connected Park Dongda Road 2nd Ring Road to a metro station linking the currently Wangjianglou Park Guyapo Road Yidu Ave under-construction Line No. 2 and the

Jinhua Road Jinhua Jingjusi Road proposed Line No. 8, and will be just Lijieren Former Residence two stops from the Chengdu East rail station offering easy access to other parts of the country. This project will have over 13,000,000 square feet of gross floor area, including two distinctive 280-metre towers regarded as the Chengdu ICC, Chengdu (artist’s impression) “Tianfu Gateway”. The development will include Grade-A offices, a modern shopping mall, a five-star hotel, an observation deck and luxury residences. Construction of the first ten residential towers with 1,600,000 square feet of gross floor area has already commenced and the first phase of the deluxe “Sirius” residence will be launched to the market shortly.

Henderson Land Development Company Limited Annual Report 2011 67 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Chongqing

Grand Waterfront (100% owned by the Group)

Nanbin Road Adjacent to a municipal park in the Nan’an District, Grand Waterfront will be a

Haixia Road luxury riverside residential development, Egongyan Bridge complemented by a commercial area, a kindergarten and clubhouse facilities. The uniquely-designed, rhythmic grouping of River its 23 apartment towers will offer most

Danhui Road

Dashi Road Jiulong Port of its 3,050 residential units an expansive southern view of the Yangtze River. The whole project, with a total gross floor area Grand Waterfront, Chongqing (artist’s impression) of approximately 3,700,000 square feet, will be completed in four phases. Phase 1 of about 1,000,000 square feet featuring about 892 apartments is now under construction and planned for completion in the second quarter of 2012. The first batch was launched for sale in October 2011.

Villa Green (100% owned by the Group)

Chongqing Located on a site next to the Chengdu- Chongqing Expressway with many scenic Chongqing High Tech

Development Zone attractions such as Caiyun Lake and Jade Park Ying Bin Avenue Bin Ying

ay in the proximity, this 2,800,000-square-foot w ss re xp development is planned to comprise residential Chengyu E K ad echeng Ro apartments, clubhouse, kindergarten and

C h u a shopping facilities, providing homes for n g x

in Jade Park

R over 2,000 families. The entire project will

o a d be completed in three phases and Phase 1 Panlong Avenue Ying Bin Avenue development, including 306 residential units with a total gross floor area of about 500,000 square feet, was already completed in Villa Green, Chongqing (artist’s impression) November 2011 and cumulatively nearly 50% of it has been sold since its launch in late 2010.

Jin Shi Tan project (100% owned by the Group)

Dalian In Jin Shi Tan, a land lot of about 3,200,000 Dalian Golden square feet is to be developed into a low-density Pebble Beach Hospital luxury residential project, complemented by a resident clubhouse and commercial facilities, providing an aggregate gross floor area of about Guanshi Road Jinshiyuan 1,600,000 square feet for 400 houses. Site Zhongxin Street d oa

Nanhu Street Nanhu R n ta preliminary works are in progress and the first n i Y batch of 182 houses is expected to be launched Haibin Road in 2013.

Jin Shi Tan project, Dalian (artist’s impression)

Henderson Land Development Company Limited 68 Annual Report 2011 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Xiao Yao Wan Composite Development (formerly known as Wolong Bay Dalian Composite Development) (100% owned by the Group) Xidian Jinshi Road Designed by world-renowned Aedas Limited, this composite commercial and residential development project will have over 8,700,000 square feet of gross floor area. Site preliminary Liaohe East Road works had commenced. University of Traditional Chinese Medicine

Xiao Yao Wan

Nanjing

Treasure Garden (90.1% owned by the Group)

Located at the downtown area of , Maigaoqiao Metro Station Treasure Garden contains 605 luxury residences with a total gross floor area of approximately 900,000 square feet. With Maigaoqiao metro

Heyan Road Hongshan Zoo station nearby, this residential project also Metro Station enjoys plenty of lifestyle and daily amenities such as healthcare, cultural and sports facilities

in its vicinity. Construction is progressing Hongshan Road Hongshan Nanjing Railway smoothly. It is scheduled for single-phased Station completion by the third quarter of 2013 and sale launch is expected to be held in the third quarter of 2012.

Treasure Garden, Nanjing (artist’s impression)

Emerald Valley (100% owned by the Group)

School Supply Supermarket Emerald Valley is a high-end (Shop@Nanjing Polytechnic College)

X residential project set in a leafy u e li n Road parkside location in the university Wenlan Road town of Xianlin New District. The 312 State Highway Nanjing Financial University development is complemented by Nanjing Normal Golden Eagle convenient facilities including a University Shopping Centre nursery, cultural amenities and a Xianlin Wenyuan RoadCentre Station community centre and enjoys a Xueze Nanjing Road Station wide array of other facilities and transportation convenience with the opening of a new metro system. The entire project is planned to be completed in three phases, providing an aggregate gross floor area of Emerald Valley, Nanjing (artist’s impression) about 1,600,000 square feet of gross floor area for over 1,000 families. About 450,000 square feet of residential premises in Phase 1 will be completed in the first quarter of 2013, and the first batch of pre-sale units was launched in late 2011.

Henderson Land Development Company Limited Annual Report 2011 69 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Shanghai

Greentech Tower, 147 Tianmu Road West, Zhabei District (100% owned by the Group)

Shanghai Greentech Tower, as its name denotes, Shanghai underlines the Group’s long-standing Railway Station commitment to building green and hi-tech Zhabei District developments. Comprising 22 storeys of Centro energy-efficient Grade-A offices and 3 Creek Heng Feng Road levels of retail podium, Greentech Tower Tianmu Road West was newly completed in January 2012,

Metro adding 400,000 square feet of quality space to the Group’s mainland rental portfolio. With convenient access to Shanghai Railway Station and Metro Line No. 1, Greentech Tower has been well-received by domestic and foreign companies during its pre-leasing.

Greentech Tower, 147 Tianmu Road West, Zhabei District, Shanghai (artist’s impression)

Lot 688, Nanjing Road West, Jingan District (100% owned by the Group)

Shanghai The project at Lot 688 Nanjing Road West, which provides a total gross floor People’s Square Road West Station area of approximately 700,000 square feet Feng Yang Road

North Chengdu Road Chengdu North comprising a 22-storey office tower plus a Nanjing Road West 2-level retail podium, is set to be another People’s Metro Garden Nanjing Road landmark in Jingan District due to its West Station People’s Square innovative, quartz-like façade designed by internationally renowned Japanese architect Yan’an Elevated Road Tange Associates. Construction is now under way and it will be held for leasing upon completion in the third quarter of 2013.

Lot 688, Nanjing Road West, Jingan District, Shanghai (artist’s impression)

Henderson Land Development Company Limited 70 Annual Report 2011 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Shenyang

Shenyang International Finance Centre (100% owned by the Group)

Shenyang Shenyang International Finance Centre is located in the Shenyang Finance and Trade Development

Metro Line Existing Railway Line Zone. To the northwest is the Shenyang North Railway Station, whilst a metro station is also within walking distance, bringing added Jinrongzhongxin

Beijing Street Beijing convenience to this project. This Station Haerbin Road Gon project will comprise serviced Hou g Road Tian apartment buildings, a suite hotel, an office tower and a shopping mall, providing a total gross floor area of 5,700,000 square feet.

Shenyang International Finance Centre, Shenyang (artist’s impression)

Golden Riverside (100% owned by the Group)

Pu River

Yueya Lake

Shenbei Road

Nangou Reservoir Shenyang

Golden Riverside, Shenyang (artist’s impression)

Located in the scenic Puhe New District Development with many beautiful natural landmarks such as , Pu River, parks and hills within the vicinity, the site will be developed in phases into a low-rise and low-density residential development with a total gross floor area of about 11,500,000 square feet. Its first phase of development, with a total gross floor area of about 290,000 square feet, is due for completion in the fourth quarter of 2012 and its 68 villas will be launched for pre-sale in 2012. Construction of its second phase of development, comprising 316 villas and multi-storey apartments with a total gross floor area of around 1,270,000 square feet, is also underway with the planned completion in the fourth quarter of 2013.

Henderson Land Development Company Limited Annual Report 2011 71 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Suzhou

Riverside Park (100% owned by the Group)

Chunshen Lake Road West Riverside Park, a community development project in Xiangcheng District, is supported by increasingly improved facilities. Benefiting from Suzhou’s picturesque beauty and Yangcheng Lake Road West reputation as the “Venice of the East”, its

residential development nestles among scenic Yuan He Tan He Yuan

Sujiahang Expressway Sujiahang water-themed surroundings. The entire Renmin Road Renmin

Shanghai-Nanjing Expressway residential project will have over 6,800,000 Suzhou square feet of gross floor area to be completed Tiger Hill Scenic Zone in five phases. Phase 1 of about 600 luxury residences with a total gross floor area of about 700,000 square feet is now under construction with the planned completion in the first quarter of 2012. During the year under review, the first batch of 352 residential units already launched was virtually

Riverside Park, Suzhou (artist’s impression) sold out. Following the groundbreaking in December 2010, construction of its comprehensive commercial facilities commenced and upon completion 252-meter twin towers and two 62-storey office towers will be built, supported by shopping area, exhibitions and multi-purpose convention centres, providing an aggregate commercial gross floor area of over 10,000,000 square feet.

Tieling

New Town Central District Development (100% owned by the Group)

Tieling No. 1 High School Jialingjiang Road

Tieling Higher People’s Court

Changjiang Road Songshan Road

Hengshan Road

Taishan Road Lancangjiang Road Tianshui Tieling Municipal River Government Jinshajiang Road Tieling

Located next to the administration centre of the municipal government with the scenic Yuyi Lake in the proximity, a land lot of approximately 2,750,000 square feet will be developed into an exhibition centre, as well as office-cum-commercial complexes with a total gross floor area of approximately 4,900,000 square New Town Central District Development, Tieling (artist’s impression) feet. Construction will commence soon and the first phase of about 900,000 square feet is expected to be completed in the second quarter of 2014.

Henderson Land Development Company Limited 72 Annual Report 2011 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Lotus Lakeside (100% owned by the Group)

Tieling Adjacent to the scenic Lotus Lake Lotus Lake, a land parcel of approximately Wetland Fengguan Mountain 9,500,000 square feet will be developed into a low-density Road residential community

Songhuajiang with luxury villas Road

Songshan Road

Lushan Road

Taishan Road and comprehensive

Huangshan Road Zhongshan North Road facilities, providing a total gross floor area of approximately 3,800,000 square feet. Construction will commence soon and the first phase of about 670,000 square feet is expected to be completed in the third Lotus Lakeside, Tieling (artist’s impression) quarter of 2015, providing 126 houses.

Xian

La Botanica (50% owned by the Group)

Xian Chan River Subway (Under Construction)

Xinba Road Daming Gong Relic Park Xilin

Second Ring Road East Road Ring Second Expressway Hujia Temple Huaqing Road North Station Ring Road

Jinhua Road Road East Road Station Ring Third Changle Chanhe Subway Road East Station Line 1 (Under Construction)

East Ring Road Ring East Xi’an University Xi’an Polytechnic of Technology University

La Botanica, Xian (artist’s impression)

Jointly developed by the Group and Temasek Holdings (Private) Limited of Singapore, La Botanica is located within the scenic Chan Ba Ecological District with a subway line under construction connecting it to the city centre. This community development will have a total gross floor area of about 33,000,000 square feet, providing homes for up to 25,000 families upon full completion. Phase 1A, which comprises 16 low to mid rise blocks with total gross floor area of about 1,200,000 square feet, was completed in March 2011 with its 981 units being sold out. Phase 2A named “Salamanca”, which consists of 432 units including terraced houses with a total gross floor area of about 930,000 square feet, is due for completion in the first quarter of 2012 and cumulatively, over 160 units have been sold since its launch in the fourth quarter of 2010. “Lu Wan”, Phase 1B of this development with a total gross floor area of about 2,000,000 square feet, was launched for pre-sale in the fourth quarter of 2010 and 1,445 units have been snapped up with the scheduled completion in the second half of 2012. Phase 3A consisting of 3,560,000 square feet of residences is also under construction and they are expected to be completed in the first quarter of 2014. Pre-sale was launched in October 2011 and about 20% of its 3,767 apartments has been sold.

Henderson Land Development Company Limited Annual Report 2011 73 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Palatial Crest (100% owned by the Group)

Subway Line 3 Adjacent to the Hujiamiao Xian (Under Construction) subway station, which is now

Road East Road Second Ring Second under construction, Palatial

Huaqing Road Crest is conveniently located at

Jinhua Jinhua North Road North Jin Hua North Road on the main Hujia Temple Road Station Dongzhan artery of Second Ring Road Subway Line 1 Jinhua Road Changying Road (Under Station Construction) East. The entire project will Xi’an University of Technology be completed in three phases, Xi’an Polytechnic Changle Park University offering a total residential gross floor area of over 3,400,000 square feet for 3,000 families. This project has been a market focus since its launch in the fourth quarter of 2010 and the first phase of about 530,000 square feet was virtually sold out and it is scheduled for completion in the second quarter of 2012. Construction of another 2,160,000 square feet of deluxe high-rise residential units in phase two commenced in the first quarter of 2012 and they will be released to the Palatial Crest, Xian (artist’s impression) market in the third quarter of 2012.

Xuzhou

Xuzhou Lakeview Development (100% owned by the Group)

Municipal Government New Town

Dalong Lake

Lishui Road

National Highway 104 Xiaoxiang Road

Lianhuo Expressway

Xuzhou To Airport

Xuzhou Lakeview Development, Xuzhou (artist’s impression)

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 over 3,600 families. Phase 1A of nearly 700,000 square feet in 402 residences is now under construction with planned completion in the fourth quarter of 2012. 365 units in the initial batch have been snapped up amid an overwhelming market response with record prices achieved since their launch in the fourth quarter of 2011. Construction of another 1,800,000 square feet for 1,290 premium residences is now underway with planned completion in the second half of 2013.

Henderson Land Development Company Limited 74 Annual Report 2011 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects

Yixing

Island Palace (100% owned by the Group)

In a serene location on Temple of Prince Zhou an island close to the bustling Yicheng town Renmin Nanlu centre, a site of about Tucheng Lu 400,000 square feet is

Yixing Hotel Sports being developed into Centre a luxury residential South River Jiaoyu Xilu community and upon its

Jingxi Zhonglu single-phased completion Yixing Grand Hotel Yixing by the end of 2013, there will be villas, duplexes and high-rise apartments and a residents’ clubhouse, providing a total gross floor area of about 700,000 square feet for 306 households. It will make its first foray into the market in the fourth quarter of 2012.

Island Palace, Yixing (artist’s impression)

Grand Lakeview (100% owned by the Group)

Grand Lakeview, Yixing (artist’s impression)

Xiangtou East Road Set amongst lush, tranquil surroundings in Dongjiu District, Grand Lakeview is just a 5-minute Yangquan East Road drive away from the city centre. To be completed in 11 phases, this lakefront development offers Jingyi Street luxury living in a mix of semi-detached and duplex houses, multi-storey and low-rise apartments, Yixing Shidong Yu Elementary School providing an aggregate gross floor area of about 9,000,000 square feet for over 6,800 families. Yangxian East Road Construction is underway and Phases 1A, 1B and 1C totalling about 1,800,000 square feet of residences will be launched for pre-sale in the second quarter of 2012 with the scheduled completion Dongjiu Lake in the third quarter of 2013.

Dongjiu Avenue Daxi River Yixing

Henderson Land Development Company Limited Annual Report 2011 75