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Danhui Road<br />
Dashi Road<br />
Review of Operations – Business in Mainland China • Progress of Major Development Projects<br />
Chongqing<br />
Grand Waterfront (100% owned)<br />
Chongqing<br />
Nanbin Road<br />
Egongyan<br />
Bridge<br />
Haixia Road<br />
Yangtze River<br />
Jiulong Port<br />
Grand Waterfront, Chongqing (artist’s impression)<br />
Adjacent to a municipal park in the Nan’an District, Grand Waterfront will be a luxury riverside residential development, complemented by a<br />
commercial area, a kindergarten and clubhouse facilities. The uniquely-designed, rhythmic grouping of its 23 apartment towers will offer most<br />
of its 3,050 residential units an expansive southern view of the Yangtze River. The whole project, with a total gross floor area of approximately<br />
3,600,000 square feet, will be completed in four phases. Phase 1 of approximately 1,100,000 square feet featuring about 892 apartments was<br />
completed in the third quarter of 2012. The first batch was launched for sale in October 2011. Phase 2, which provides 1,358 apartments with a<br />
total gross floor area of about 1,600,000 square feet, is now under construction and planned for completion in the third quarter of 2014. About 528<br />
apartments with a total gross floor area of about 600,000 square feet will be provided in Phase 3 and are now also under construction and planned<br />
for completion in the third quarter of 2015. Phase 4 of approximately 300,000 square feet featuring 272 apartments is scheduled for completion<br />
in the third quarter of 2015. During the year of 2012, a total of over 1,000 apartments had been sold at RMB680 million in aggregate.<br />
Project in Erlong Phoenix Area (100% owned)<br />
Chongqing<br />
Ying Bin Avenue<br />
Chongqing High Tech<br />
Development Zone<br />
Chengdu-Chongqing<br />
Expressway<br />
Kecheng<br />
Road<br />
Chuangxin Road<br />
Project in Erlong Phoenix Area, Chongqing (artist’s impression)<br />
Ying Bin Avenue<br />
Jade Park<br />
Panlong Avenue<br />
Located on a site next to the Chengdu-Chongqing Expressway with many scenic attractions such as Caiyun Lake and Jade Park in the proximity,<br />
this 2,870,000-square-foot development is planned to comprise residential apartments, clubhouse, kindergarten and shopping facilities, providing<br />
homes for 2,068 families. The entire project will be completed in four phases. Phase 1 of the development, including 306 residential units with a<br />
total gross floor area of about 520,000 square feet, was named “Villa Green” and completed in November 2011. Cumulatively, nearly 90% of it has<br />
been sold since its launch in late 2010. Remaining phases were all named “High West”. Phase 2 of the development, comprising 994 apartments<br />
with a total gross floor area of about 1,300,000 square feet, is now under construction and planned for completion in the fourth quarter of 2014.<br />
About 768 apartments with a total gross floor area of about 850,000 square feet will be provided in Phase 3 and they are now under construction and<br />
planned for completion in the fourth quarter of 2014. There is a single office tower in Phase 4 with a total gross floor area of about 200,000 square<br />
feet, which is now under construction and planned for completion in the first quarter of 2015. During the year of 2012, about 140 apartments were<br />
sold in Phase 1, with sale revenue of RMB126 million.<br />
66<br />
Henderson Land Development Company Limited<br />
Annual Report 2012