MEGA CUBE
Kowloon Bay, Hong Kong 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)
Henderson Land Development Company Limited 48 Annual Report 2017 Review of Operations – Business in Hong Kong • Progress of Major Development Projects
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 Castle Peak Road, Kwu Tung (100% owned)
Site area Located in a unique enclave with the 154,280 square feet Hong Kong Golf Club, Fanling 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)
Henderson Land Development Company Limited Annual Report 2017 51 Review of Operations – Business in Hong Kong • Progress of Major Development Projects
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.
Henderson Land Development Company Limited 52 Annual Report 2017 Review of Operations – Business in Hong Kong • Progress of Major Development Projects
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)
Henderson Land Development Company Limited Annual Report 2017 53 Review of Operations – Business in Hong Kong • Progress of Major Development Projects
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)
Henderson Land Development Company Limited 54 Annual Report 2017 Review of Operations – Business in Hong Kong • Progress of Major Development Projects
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 C au anlin Unsold Units Offered for Sale – with 80% or above Ownership Secured 1 13 1 den anor 13 reen Code 60 1 1 ood Road an ai 2 Dou le Cove ases 1 14 AR R 61 e ai an Road A erdeen 3 A 15 ltanin uare ile 62 in an treet A erdeen 4 16 Hi ne rand 63 1 un C un treet ai Han 5 ellesley 17 Hi ne 64 17 2 un C un treet ai Han 6 Hi ar rand 18 ones Hive 65 7A in s Road and 1 an Hoi treet uarry ay 11 ai o 7 19 66 Ro inson Road id Levels even i tory Avenue Har our ar 28 8 20 67 ar ne Hi oint Ro inson Road id Levels 10 9 Hill aramount 21 lo al ate ay o er 68 10 Ro inson Road id Levels uen Lon 27 10 e Rea 22 e lo e 69 1 a in treet ai o sui Road and 11 reen Lod e 23 rade la a 2 o an treet ai o sui New Territories 2 12 H onaire 24 e a Cu e 70 177 1 ai o sui Road ai o sui 71 1 1 ai o sui Road ai o sui ai un 72 1 0 an n treet ai o sui Projects Pending Sale in 2018 a n an 73 17 27 er i treet e ip ei uen un 25 out al Aura 74 1 2 and 12 iu un treet e ip ei suen an atin 26 0A a in treet ai o sui 75 1 11C and 1 21C ampoa treet and 9 27 Lot o 17 2 in DD o 122 on an an suen uen Lon 0 a er treet Hun Hom 28 uen Lon o n Lot o 2 76 2 2 and 7 ampoa treet and 29 7 a au ai Road 2 20 ailey treet and 7 1 a er treet Hun Hom 1 A 0 un C i treet o a an 77 1 20 ul eley treet and 0 illies Avenue out Hun Hom 30 2 n C au treet C eun a an 78 2 12 and 1 2 illies Avenue out Hun Hom 17 49 79 2 1 A ampoa treet Hun Hom 74 52 sin 21 22 30 16 73 51 Existing Urban 80 22 2 ampoa treet and 0A a er treet Hun Hom 50 81 i 19 20 0 illies Avenue out and 7 77 a er treet Hun Hom 8 6 Redevelopment Projects 82 2 0A ampoa treet and a er treet Hun Hom 58 84 48 57 83 A 70C o a an Road 1 1 Ha Heun Road 71 26 Kowloon 31 ottin er treet Central 47 70 69 29 15 24 32 21 le tri Road ort oint 1 7 Lai a treet and 2 ei a treet o a an 72 7 83 84 46 33 2 A Lu ard Road e ea 22 am o Road o loon 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 C un 43 41 35 1 1 C un C in treet and 21 i Lin Lane eun an 49 11 1 in Lun treet C eun a an 42 5 uarry ay 44 36 50 33 23 1 Ladder treet erra e eun an ai eun C oi treet ort and Existing Line 37 20 212 o nston Road an ai 0 on C u treet am ui o Lantau sland R 62 Hong Kong Island 38 17 ood Road an ai 51 1 1 er i treet and 25 61 39 un C un Ca le Car 39 e ai an Road A erdeen 202 220 am C eon treet e ip ei Li t Rail 12 40 2C Ro inson Road and eymour erra e id Levels 52 iu un treet e ip ei 45 41 A eymour Road id Levels 53 1 17A ampoa treet Hun Hom Route 42 7 7 Caine Road id Levels 54 1 ampoa treet Hun Hom Cross Har our unnel 43 100 Ro inson Road id Levels 55 1 ampoa treet and 12A 12 and 22 22A ul eley treet Hun Hom 44 2 ai C eon treet ai an Ho 56 1 1 and 2 2 illies Avenue out and 7 7 a er treet Hun Hom Network Extensions In Progress 45 71 ain treet Ap Lei C au 57 7 u Lo sun Road o loon City uan ou en en Hon on press Rail Lin 46 2A 2 a in treet ordan 58 am o Road o loon City atin to Central Lin 47 2 2 o C eun treet ai o sui 59 7 7 C aterloo Road and 1 2 au oon treet Ho an in 48 7 Li a treet 2 1 o C eun treet and 2 u C a treet ai o sui
Henderson Land Development Company Limited Henderson Land Development Company Limited 56 Annual Report 2017 Annual Report 2017 57