MEGA CUBE

Kowloon Bay, Review of Operations – Business in Hong Kong Progress of Major Development Projects

Status of property developments with anticipated completion during the period to the end of 2020

Harbour Park 208 Tung Chau Street, Cheung Sha Wan (33.41% owned)

Site area “Harbour Park”, a 26-storey residential development, 6,528 square feet commands breathtaking views of Victoria Harbour and surrounding green parks. Metro Harbour Plaza, Gross floor area as well as another sizeable shopping mall under 55,077 square feet development, are both within walking distance, Residential units offering unrivalled living convenience to its 161 residents. Only minutes from Nam Cheong MTR Station, the transport nexus of West Rail and Tung Completion Chung lines, “Harbour Park” enjoys a comprehensive 26 January 2018 transportation network and close proximity to the future Express Rail Link West Kowloon Station.

Harbour Park, Cheung Sha Wan, Hong Kong

45 Pottinger Street, Central (19.10% owned)

Situated at the intersection of the historical Site area Pottinger Street and the bustling thoroughfare 9,067 square feet of Lyndhurst Terrace, the project enjoys Gross floor area convenient access to public transport, 135,995 square feet including Central MTR Station and Airport Express Terminal. Construction of the Expected completion superstructure work is close to complete Second quarter of 2018 and it will become a tasteful shopping and fine dining community, bringing vibrancy to the heart of SOHO. This commercial development will be held for rental purpose upon completion.

45 Pottinger Street, Central, Hong Kong (artist’s impression)

Henderson Land Development Company Limited 46 Annual Report 2017 Review of Operations – Business in Hong Kong • Progress of Major Development Projects

Lot No. 1752 in DD No. 122, Tong Yan San Tsuen, Yuen Long (100% owned)

Site area Surrounded by lush greenery in a 27,864 square feet tranquil environment, the site will be developed into 16 three-storey Gross floor area villas. Superstructure works are in 27,864 square feet progress. Residential units 16

Lot No. 1752 in DD No. 122, Tong Yan San Tsuen, Yuen Long, Hong Kong (artist’s impression) Expected completion Third quarter of 2018

Wellesley 23 Robinson Road, Mid-Levels (25.07% owned*)

Located in the upscale Mid-Levels Site area district, “Wellesley” is a 30-storey 31,380 square feet premier residential development and Gross floor area the construction of the superstructure 156,900 square feet is in progress. Residential units (* the Group’s interest is 50% after 90 the allocation of the relevant residential units to each of the Expected completion involved developers separately on a Third quarter of 2018 proportional basis under the “Deed of Mutual Grant and Covenant and Management Agreement”.)

Wellesley, Mid-Levels, Hong Kong (artist’s impression)

Henderson Land Development Company Limited Annual Report 2017 47 Review of Operations – Business in Hong Kong • Progress of Major Development Projects

Seven Victory Avenue 7 Victory Avenue, Ho Man Tin (100% owned)

Site area “Seven Victory Avenue” is situated in a 9,865 square feet well-established district, which houses many prestigious and highly sought-after Gross floor area schools. Adjacent to the upmarket 83,245 square feet residential neighbourhood of Kadoorie Residential units Hill and within easy reach of Mong Kok 250 East MTR station, this 27-storey boutique apartment tower offers residents both Expected completion tranquility and modern lifestyle Third quarter of 2018 convenience. Construction has proceeded to the superstructure stage.

Seven Victory Avenue, Ho Man Tin, Hong Kong (artist’s impression)

Park One 1, 3 Nam Cheong Street and 180 Tung Chau Street, Cheung Sha Wan (100% owned)

“Park One” is close to Tung Chau Street Park Site area and Nam Cheong Park, allowing residents to 8,559 square feet embrace a refreshing and aesthetic environment. Gross floor area Shopping arcades and MTR stations are within 77,029 square feet walking distance, offering unparalleled living convenience to its residents. Superstructure Residential units works are in progress and this 38-storey 129 residential-cum-commercial tower has been specially designed to maximise the magnificent Expected completion Fourth quarter of 2018 sea views.

Park One, Cheung Sha Wan, Hong Kong (artist’s impression)

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PARK REACH 33 Shap Pat Heung Road (formerly known as project at Yuen Long Town Lot No. 527) (79.03% owned)

Site area 6,131 square feet

Gross floor area 21,453 square feet

Residential units 63

PARK REACH, Yuen Long, Hong Kong (artist’s impression) Expected completion First quarter of 2019

Situated adjacent to the Group’s project “The Reach”, this site will be developed into a 8-storey residential-cum-commercial development. Superstructure works are under way. This residential development was well received by buyers at its launch in December 2017 with all its 63 boutique apartment units sold out on the first day of its release.

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NOVUM EAST 856 King’s Road, Quarry Bay (100% owned)

Site area Located close to the Quarry Bay MTR 17,720 square feet station, the interchange of Island Line and Tseung Kwan O Line, this 32-storey Gross floor area residential-cum-commercial development 177,817 square feet will allow upper floor residences to enjoy Residential units panoramic views of the Victoria Harbour 464 and the lush greenery of Braemar Hill. Superstructure works are in progress. It was Expected completion launched for presales in November 2017 First quarter of 2019 with satisfactory market response.

NOVUM EAST, Quarry Bay, Hong Kong (artist’s impression)

8-30A Ka Shin Street, Tai Kok Tsui (100% owned)

Located next to the Group’s “Eltanin • Square Site area Mile” with Olympic MTR station in its 19,610 square feet proximity, this commercial-cum-residential Gross floor area development is surrounded by a vibrant 176,315 square feet neighbourhood with various amenities and shopping arcades. Superstructure works are Residential units in progress. 514

Expected completion Second quarter of 2019

8-30A Ka Shin Street, Tai Kok Tsui, Hong Kong (artist’s impression)

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Eden Manor 88 , (100% owned)

Site area Located in a unique enclave with the 154,280 square feet , Lodge and The Hong Kong Jockey Club – Gross floor area Beas River Country Club in its 555,399 square feet proximity, “Eden Manor” comprises Residential units 25 villas and 8 residential towers. 590 Thanks to the shimmering glass curtain walls that maximise light and visibility, Expected completion residents can enjoy sprawling open Second quarter of 2019 Eden Manor, Kwu Tung, Hong Kong (artist’s impression) views of lush greenery. Construction has proceeded to the superstructure stage and it was launched for pre-sales in March 2017.

South Walk • Aura 12 Tin Wan Street, Aberdeen (100% owned)

Superstructure works are in progress Site area and it will be developed into a 4,060 square feet 26-storey boutique apartment tower Gross floor area with some ground-level retail 37,550 square feet shops. Some of the residential units on the upper level of the building Residential units will enjoy sweeping views as far as 142 Lamma Island. Expected completion Second quarter of 2019 South Walk • Aura, Aberdeen, Hong Kong (artist’s impression)

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15 Middle Road, Tsim Sha Tsui (100% owned)

Site area 28,309 square feet

Gross floor area 339,651 square feet

Expected completion Second quarter of 2019

15 Middle Road, Tsim Sha Tsui, Hong Kong (artist’s impression)

The project at “15 Middle Road” atop East Tsim Sha Tsui MTR station, which is just one stop from the forthcoming Express Rail Link West Kowloon Station, will be developed into a Ginza-style commercial property, comprising medical, dining, retail and carparking facilities. Its purpose-built medical floors, which are designed by a team of professional medical design consultants, will be equipped with various advanced facilities (such as an air purification system and back-up power supply) so as to meet various medical requirements. The podium carpark will have access to retail floors, allowing greater convenience for shoppers. In addition, it features quality restaurants on its uppermost floors, bringing customers not only an unparalleled dining experience, but also a fascinating view of Victoria Harbour. This 340,000-square-foot development is scheduled for completion in 2019 and pre-marketing is under way.

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NOVUM WEST 460 Queen’s Road West, Sai Ying Pun (100% owned)

Site area Located right next to “HKU” MTR station 28,027 square feet with Western Harbour Tunnel in the proximity, NOVUM WEST enjoys Gross floor area convenient access to every part of the 272,439 square feet city. With many prestigious schools Residential units just steps way, this 35-storey development 645 is complemented by duo residential clubhouses and a chic shopping mall to Expected completion offer a vibrant living environment. Third quarter of 2019 Superstructure works are in progress and it was launched for pre-sales in May 2017 with positive market response.

NOVUM WEST, Sai Ying Pun, Hong Kong (artist’s impression)

218 Electric Road, North Point (100% owned)

The redevelopment of the former “Newton Site area Hotel Hong Kong” will consist of a 9,600 square feet 22-storey Grade-A office tower and two Gross floor area floors of shops, supported by a podium 143,997 square feet garden and a two-level underground car park. Its foundation works are under way. Expected completion With its prime location close to an MTR Fourth quarter of 2019 station, together with the innovative design and high specifications, this project is poised to feature as another landmark in the North Point commercial hub after the nearby “AIA Tower”.

218 Electric Road, North Point, Hong Kong (artist’s impression)

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Yuen Long Town Lot No. 524 (79.03% owned)

Site area Situated adjacent to the Group’s “PARK 48,933 square feet REACH” project, which was highly sought- after by buyers and sold out soon after its Gross floor area 171,266 square feet sales launch, this site will be developed into a residential development, providing Residential units 504 housing units. Surrounded by verdant 504 greenery in a tranquil environment, superstructure works for this project are Expected completion now in progress. First quarter of 2020

Yuen Long Town Lot No. 524, Yuen Long, Hong Kong (artist’s impression)

206-212 Johnston Road, Wanchai (100% owned)

The advantageous location of being close Site area to Wanchai MTR station, together with 4,339 square feet its innovative design and state-of-the-art Gross floor area facilities make this office development 65,083 square feet a new benchmark in this business hub. Demolition of the existing structure has Expected completion begun. Second quarter of 2020

206-212 Johnston Road, Wanchai, Hong Kong (artist’s impression)

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342-354 Un Chau Street, Cheung Sha Wan (100% owned)

Site area 8,013 square feet

Gross floor area 67,847 square feet

Residential units 176

Expected completion Fourth quarter of 2020

342-354 Un Chau Street, Cheung Sha Wan, Hong Kong (artist’s impression)

Adjacent to Cheung Sha Wan MTR station, this project enjoys an array of amenities (such as museum, sports ground and shopping arcade) in its neighbourhood. Foundation works have been progressing well and it will be developed into a quality residential-cum-commercial property.

Henderson Land Development Company Limited Annual Report 2017 55 Review of Operations – Business in Hong Kong Location of Various Categories of Development Projects eun ui

Major Development Projects with Newly-acquired Urban Redevelopment Projects Lo a Cau anlin Unsold Units Offered for Sale – with 80% or above Ownership Secured 1 13 1 den anor 13 reen Code 60 11 ood Road anai 2 Doule Cove ases 1 14 ARR 61 e ai an Road Aerdeen 3 A 15 ltanin uare ile 62 in an treet Aerdeen 4 16 Hi ne rand 63 1 un Cun treet ai Han 5 ellesley 17 Hi ne 64 172 un Cun treet ai Han 6 Hi ar rand 18 ones Hive 65 7A ins Road and 1 an Hoi treet uarry ay 11 ai o 7 19 66 Roinson Road idLevels even itory Avenue Harour ar 28 8 20 67 ar ne Hi oint Roinson Road idLevels 10 9 Hill aramount 21 loal ateay oer 68 10 Roinson Road idLevels uen Lon 27 10 e Rea 22 e loe 69 1 a in treet ai o sui Road and 11 reen Lode 23 rade laa 2 o an treet ai o sui 2 12 H onaire 24 ea Cue 70 1771 ai o sui Road ai o sui 71 11 ai o sui Road ai o sui ai un 72 10 an n treet ai o sui Projects Pending Sale in 2018 a n an 73 1727 eri treet e ip ei uen un 25 out al Aura 74 12 and 12 iu un treet e ip ei suen an atin 26 0A a in treet ai o sui 75 111C and 121C ampoa treet and 9 27 Lot o 172 in DD o 122 on an an suen uen Lon 0 aer treet Hun Hom 28 uen Lon on Lot o 2 76 22 and 7 ampoa treet and 29 7 a au ai Road 220 ailey treet and 71 aer treet Hun Hom 1A0 un Ci treet o a an 77 120 uleley treet and 0 illies Avenue out Hun Hom 30 2 n Cau treet Ceun a an 78 212 and 12 illies Avenue out Hun Hom 17 49 79 21A ampoa treet Hun Hom 74 52 sin 21 22 30 16 73 51 Existing Urban 80 222 ampoa treet and 0A aer treet Hun Hom 50 81 i 19 20 0 illies Avenue out and 777 aer treet Hun Hom 8 6 Redevelopment Projects 82 20A ampoa treet and aer treet Hun Hom 58 84 48 57 83 A70C o a an Road 11 Ha Heun Road 71 26 Kowloon 31 ottiner treet Central 47 70 69 29 15 24 32 21 letri Road ort oint 17 Lai a treet and 2 ei a treet o a an 72 7 83 84 46 33 2A Luard Road e ea 22 am o Road oloon City 59 78 75 53 81 34 56 77 au on ay Airport 79 80 76 55 54 34 82 seun an

Newly-acquired Urban Redevelopment Projects – 66 40 4 67 37 64 3 38 18 14 Ownership Fully Consolidated 68 36 35 31 60 32 63 65 un Cun 43 41 35 11 Cun Cin treet and 21 i Lin Lane eun an 49 111 in Lun treet Ceun a an 42 5 uarry ay 44 36 50 33 23 1 Ladder treet errae eun an ai eun Coi treet ort and Existing Line 37 20212 onston Road anai 0 on Cu treet am ui o Lantau sland R 62 Hong Kong Island 38 17 ood Road anai 51 11 eri treet and 25 61 39 un Cun Cale Car 39 e ai an Road Aerdeen 202220 am Ceon treet e ip ei Lit Rail 12 40 2C Roinson Road and eymour errae idLevels 52 iu un treet e ip ei 45 41 A eymour Road idLevels 53 117A ampoa treet Hun Hom Route 42 77 Caine Road idLevels 54 1 ampoa treet Hun Hom Cross Harour unnel 43 100 Roinson Road idLevels 55 1 ampoa treet and 12A12 and 2222A uleley treet Hun Hom 44 2 ai Ceon treet ai an Ho 56 11 and 22 illies Avenue out and 77 aer treet Hun Hom Network Extensions In Progress 45 71 ain treet Ap Lei Cau 57 7 u Lo sun Road oloon City uanou enen Hon on press Rail Lin 46 2A2 a in treet ordan 58 am o Road oloon City atin to Central Lin 47 22 o Ceun treet ai o sui 59 77C aterloo Road and 12 au oon treet Ho an in 48 7 Li a treet 21 o Ceun treet and 2 u Ca treet ai o sui

Henderson Land Development Company Limited Henderson Land Development Company Limited 56 Annual Report 2017 Annual Report 2017 57