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Hland Develop Development Projects Completed The following development projects were completed during the financial year:– REVIEW OF OPERA REVIEW Gross Group’s Interest Site Floor Gross Floor Area Area Area Location (sq.ft.) (sq.ft.) Purpose (%) (sq.ft.) HONG KONG TIONS 1 2 Shau Kei Wan 13,953 139,220 Commercial/ 100.00 139,220 Main Street East Residential (Shau Kei Wan Inland Newton Harbour View Lot No. 825 R.P.) (Tower II) (Newton Harbour View - Tower II) Located in Shau Kei Wan, Hong Kong, this development 2 75 Caine Road 6,887 55,439 Residential 44.58 24,715 of 139,000 sq.ft. in G.F.A. (Honor Villa) comprises a 29-storey residential block built above a single-level shopping KOWLOON podium. 3 1-98 King’s 168,392 241,113 Residential 59.57 143,631 Park Hill Road (Kowloon Inland Lot No. 11063) (King’s Park Hill) NEW TERRITORIES 4 Tseung Kwan O 339,712 2,814,283 Commercial/ 100.00 2,814,283 Town Lot No. 27 Residential (Metro City - Phase II) 5 Tseung Kwan O 135,840 1,145,281 Commercial/ 100.00 1,145,281 Town Lot No. 34 Residential (The Metropolis) (Metro City - Phase III) 6 Tuen Mun Town 228,197 636,643 Residential 75.01 477,546 Lot No. 377 R.P. (Parkland Villas - Blocks 1 to 6) 7 Tung Chung Town 331,537 863,156 Commercial/ 20.00 172,631 Lot No. 1 Residential (Tung Chung Crescent - Blocks 7 to 9) 8 1 Lo Ping Road 228,154 182,500 Residential 100.00 182,500 Tai Po (Tai Po Town Lot No. 118) (Casa Marina II) 5,099,807 16 HENDERSON LAND 2000 ANNUAL REPORT Development Projects Completed (cont’d) Gross Group’s Interest Site Floor Gross Floor Area Area Area Location (sq.ft.) (sq.ft.) Purpose (%) (sq.ft.) TIONS THE PEOPLE’S REPUBLIC OF CHINA Lot E, Huashan Road, 546,682 1,548,789 Retail/ 14.92 231,079 Xuhui District, Residential/ Shanghai Serviced (The Grand Gateway - Apartment/ Ganghui Huayuan and Carparks/ Shopping arcade) Office Tower REVIEW OF OPERA Lot HR-2 Li Wan District, Guangzhou Total Planned G.F.A.: 2,244,681 sq.ft.; 57.65% owned by Group. Situates above the Guangzhou Metro Line One - Changshou Road Station, this development project comprises 7 residential towers on a 5-storey podium consisting of shopping arcade and carparking facilities. Superstructure work is in progress and the development will be completed in phases, with the first phase expected to be completed by mid-2001. HENDERSON LAND 2000 ANNUAL REPORT 17 Projects under Pre-sale The Group has commenced pre-sale or sale of the following development projects which are under REVIEW OF OPERA REVIEW construction or have recently been completed:– Completion Gross Date or Site Floor Group’s Expected Area Area Interest Development Completion Location (sq.ft.) (sq.ft.) Purpose (%) Progress Date TIONS HONG KONG 1 3 Seymour Road 17,636 185,295 Commercial/ 63.31 Constructed up October (Palatial Crest) Residential to Roof 2000 2 117 Caine Road 12,595 101,890 Residential 50.00 Constructed up May Casa Bella Mid-Levels to Roof 2001 This 50%-owned project of the Hong Kong Group is a 32-storey high rise (Casa Bella) residential tower that provides 124 units with a total G.F.A. approx. 102,000 sq.ft.. It is KOWLOON expected to be completed 3 Kowloon Inland 162,246 699,207 Residential/ 50.00 Constructed up March by mid-2001. Lot No. 11084 Serviced to Roof 2001 (Royal Peninsula - Apartment Blocks 2 and 4) 4 28 Ma Tau Kok Road 20,000 183,344 Commercial/ 80.00 Constructed up May (Metropolitan Rise) Residential to 38th floor 2001 5 1-98 King’s 168,392 241,113 Residential 59.57 Completed January Park Hill Road 2000 (Kowloon Inland Lot No. 11063) (King’s Park Hill) NEW TERRITORIES 6 28 Lo Fai Road 283,200 226,561 Residential 100.00 Completed March Tai Po 1999 (Tai Po Town Lot No. 117) (Casa Marina - Phase I) 7 Tuen Mun Town 228,197 276,127 Residential 75.01 Constructed up October Lot No. 377 R.P. to Roof 2000 (Parkland Villas - Blocks 7 to 9) 8 1 Lo Ping Road 228,154 182,500 Residential 100.00 Completed May Tai Po 2000 (Tai Po Town Lot No. 118) (Casa Marina II) THE PEOPLE’S REPUBLIC OF CHINA Phase VII of 898,758 1,133,763 Retail/ 14.41 Interior October Lexi New City Residential/ furnishing 2000 Shajiao Island Carparks/ Panyu, Guangdong Club (Fanghua Garden - Luotao Villa) 18 HENDERSON LAND 2000 ANNUAL REPORT Additions to Land Bank During the financial year, the Group replenished its land bank in Hong Kong with total attributable floor area of approximately 940,000 sq.ft., including the following development sites:– Gross Group’s Interest TIONS Site Floor Gross Floor Area Area Area Location (sq.ft.) (sq.ft.) Purpose (%) (sq.ft.) KOWLOON 1 201 Tai Kok Tsui Road 228,595 1,714,505 Residential 50.00 857,253 redevelopment project REVIEW OF OPERA NEW TERRITORIES 2 Tseung Kwan O Town 38,966 319,066 Commercial/ 25.00 79,767 Lot No. 74 Residential (Tseung Kwan O Station Development) Royal Peninsula This 50/50 joint venture development of the Group, being situate on reclaimed land at Hung Hom Bay, Kowloon, is currently under pre-sale and will soon be completed as a composite residential/ serviced apartment complex of 1,478,000 sq.ft. in total G.F.A. HENDERSON LAND 2000 ANNUAL REPORT 19 Progress of Major Development Projects Hong Kong and two hotel towers. The 38-storey One International Finance Centre office tower 1 96-104A Hollywood Road/1-27 Bridges provides approximately 780,000 sq.ft. of TIONS Street/15 Shing Wong Street Grade A office space. The 88-storey Two (Group’s interest – 100.00%) International Finance Centre office tower The site is planned to be developed into a will accommodate approximately residential tower with a total gross floor 2,000,000 sq.ft. and will become a major area of approximately 184,000 sq.ft.. landmark building on the new Central Foundation work is in progress and the waterfront. Phase I of the retail complex REVIEW OF OPERA development is expected to be completed provides a gross floor area of in late 2003. approximately 130,000 sq.ft.. The retail complex will eventually have a total gross 2 913-919 & 929-935 King’s Road floor area of approximately 640,000 sq.ft.. (Group’s interest – 100.00%) The hotel towers will accommodate a gross The site is planned to be developed into a floor area of approximately 1,100,000 31-storey residential tower over a level of sq.ft.. The development will also provide shops and a 3-storey carpark, with a total 1,340 carparking spaces. One International gross floor area of approximately 138,000 Finance Centre and Phase I of the retail sq.ft. and 67 carparking spaces. Foundation complex were completed in late 1998, work is in progress and the development is while the whole development is scheduled expected to be completed in late 2002. for completion in 2005. 3 14-16 Shipyard Lane 6 3 Seymour Road (Group’s interest – 75.00%) (Group’s interest – 63.31%) The site is planned for a residential A 33-storey residential tower over a level of development over a level of shops and a 3- ground floor shops and 5 carparking levels, storey carpark, with a total gross floor area with a total gross floor area of of approximately 85,000 sq.ft. and 40 approximately 185,000 sq.ft. and 102 carparking spaces. Foundation work has carparking spaces, will be built. been completed. Superstructure construction work is due for 4 19-21 Wong Chuk Hang Road completion and the development is (Group’s interest – 50.00%) expected to be completed in late 2000. An application for changing the site into commercial usage has been submitted. 7 117 Caine Road, Mid-Levels, Hong Kong (Group’s interest – 50%) 5 Airport Railway Hong Kong Station A 32-storey residential tower over a Development (Group’s interest – 35.69%) 3-storey carpark podium, with a total gross This is a major commercial development of floor area of approximately 102,000 sq.ft. approximately 4,477,000 sq.ft. and is and 37 carparking spaces. Superstructure located above the Airport Railway Hong construction is in progress and the Kong Station. The development consists of development is expected to be completed two office towers, a 3-storey retail complex in mid 2001. HENDERSON LAND 2000 ANNUAL REPORT 21 Progress of Major Development Projects (c ont’d) Kowloon 4-level podium which includes one level of REVIEW OF OPERA REVIEW showrooms/lobby and 3 carparking levels 8 1 Tai Yau Street will be built. The development will have a (Group’s interest – 70.00%) total gross floor area of approximately The site is planned to be developed into an 229,000 sq.ft. and 91 carparking spaces. 18-storey commercial building over a 4- level podium which consists of one level of 12 Hunghom Bay Reclamation Area, Kowloon TIONS ground floor shops and 4 carparking levels. Inland Lot No. 11084 No. 1-11 & 2-4 Kwong Yung Street, Mongkok The development will have a total gross (Group’s interest – 50.00%) Being one of the Land floor area of approximately 189,000 sq.ft. Two 39-storey residential towers, two 42- Development Corporation and 80 carparking spaces. Foundation work storey serviced apartment towers and a 35- (“LDC”) projects participated by private property developers, this has been completed.
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