progress of major development projects€¦ · the wholeproject,with a totalgrossfloorarea of...

HendersonLandDevelopmentCompanyLimitedAnnualReport201264

AnshanshiJustice Bureau

Anshan Laoganbu University

Anshan Gateball FieldAnshanYufo Court

AnshanInternational Hotel

HuaixiangRoad

Yuan

lin R

oad

Anshan

Huihuayuan

GaoguanlingElementarySchool

Anxia Line

Jiefang East Road

Wan

fang

Str

eet

Wan

he S

tree

t

Wanhua Street

Yingcui Road

HunanStreet

Ying

chen

gR

oad

Anshan

Project in Yingchengzi, Anshan (artist’s impression)

Old Stadium Site, Anshan (artist’s impression)

ReviewofOperations–BusinessinMainlandChina

ProgressofMajorDevelopmentProjects

AdjacenttothescenicYufoshanmunicipalpark,anoldstadiumsiteofapproximately600,000squarefeetinthecitycentrewillbedevelopedin phases into a high-end residential community with a total grossfloor area of approximately 3,700,000 square feet. Construction ofabout1,200,000squarefeetofresidencesisnowunderway,whereasthe23,000square-footsalescentreisscheduledforcompletioninthesecondquarterof2013.

LocatedintheTiedongDistrictwithasiteareaofapproximately5,500,000squarefeet,itwillbedevelopedinphasesintoalargescaleresidentialcommunitywithatotaldevelopablegrossfloorareaofabout14,000,000squarefeet.Preliminarydesignisinprogress.

AnshanOld Stadium Site (100% owned)

Project in Yingchengzi (100% owned)

HendersonLandDevelopmentCompanyLimitedAnnualReport2012 65

ReviewofOperations–BusinessinMainlandChina•ProgressofMajorDevelopmentProjects

Chengdu Hotel

TazishanPark

Wangjianglou Park

Lijieren FormerResidence

Shuangqing RoadShuanggui Road

Shahepu Street

Dongda Road

Yidu Ave

Jingjusi Road

Jinhua Road

2nd

Ring

Roa

d

Guyap

o Roa

d

Chengdu

XingshaTown Changsha National

Economic-TechnologicalDevelopment Area

Songya Lake

Wangxian Road

Tangpo Road

KaiyuanEast Road

Eas

t Thi

rd L

ine

Eas

t Fou

rth

Line

Eas

t Fir

st L

ine

Eas

t Sec

ond

Line

Changsha

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

Chengdu ICC, Chengdu (artist’s impression)

Chengdu ICC is situated in a prime area of Dongdajie commercial and financial district near the second ring road and River Shahe, with a panoramic view of Tazishan Park. It will be connected to a metro station linking Line No. 2 and the proposed Line No. 8, and will be just 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 “Tianfu Gateway”. The development will include Grade-A offices, modern shopping malls, a five-star hotel, an observation deck and luxury residences. Construction of the first-phase deluxe residential development “Sirius” with about 1,600,000 square feet of gross floor area has already commenced. The first batch of “Sirius” residences was launched in April 2012 and met with a very good response. For the project, approximately 340 units with a total gross floor area of around 480,000 square feet were sold by the end of 2012, generating a gross revenue of approximately RMB447 million.

TheArchofTriumphisacommunitydevelopmentcomprisingaround7,000,000squarefeetofpremiumresidentialunitswhichwillbebuiltinthreephases,withits33-storeyArcdeTriomphe-stylebuildingpoisedtobecomealandmarkconstructioninthisnewtownofXingsha.Phaseoneofdevelopment,consistingof1,270,000squarefeetofresidentialflats,hasmostlybeenhandedovertothebuyerssincethefourthquarterof2010,whileover30,000squarefeetofcommercialfacilitieshavebeencompletedandhavebeeninoperationsincetheendof2011.Constructionofanotherapproximately1,650,000squarefeetofresidentialflatsinPhase2beganinJuly2011,whichhavebeenreleasedinbatchesforsalesinceJune2012.TheyareexpectedtobehandedovertothebuyersinJanuary2014andMarch2015,respectively.Asattheendof2012,over190unitsinPhase2hadbeensold,bringingatotalsalesrevenueofapproximatelyRMB96million.

Changsha The Arch of Triumph (99% owned)

Chengdu Chengdu ICC (30% owned)

Yangtze River

Jiulong Port

EgongyanBridge

Nanbin Road

Haixia Road

Dashi R

oad

Danhui R

oad

Chongqing

Jade Park

Chongqing High TechDevelopment Zone

Panlong Avenue

Chuangxin Road

Ying

Bin

Ave

nue

Ying

Bin

Ave

nue

Kecheng RoadChengdu-Chongqing E

xpressway

Chongqing



Grand Waterfront, Chongqing (artist’s impression)

Project in Erlong Phoenix Area, Chongqing (artist’s impression)

LocatedonasitenexttotheChengdu-ChongqingexpresswaywithmanyscenicattractionssuchasCaiyunLakeandJadeParkintheproximity,this2,870,000-square-footdevelopmentisplannedtocompriseresidentialapartments,clubhouse,kindergartenandshoppingfacilities,providinghomesfor2,068families.Theentireprojectwillbecompletedinfourphases.Phase1ofthedevelopment,including306residentialunitswithatotalgrossfloorareaofabout520,000squarefeet,wasnamed“VillaGreen”andcompletedinNovember2011.Cumulatively,nearly90%ofithasbeensoldsinceitslaunchinlate2010.Remainingphaseswereallnamed“HighWest”.Phase2ofthedevelopment,comprising994apartmentswithatotalgrossfloorareaofabout1,300,000squarefeet,isnowunderconstructionandplannedforcompletioninthefourthquarterof2014.About768apartmentswithatotalgrossfloorareaofabout850,000squarefeetwillbeprovidedinPhase3andtheyarenowunderconstructionandplannedforcompletioninthefourthquarterof2014.ThereisasingleofficetowerinPhase4withatotalgrossfloorareaofabout200,000squarefeet,whichisnowunderconstructionandplannedforcompletioninthefirstquarterof2015.Duringtheyearof2012,about140apartmentsweresoldinPhase1,withsalerevenueofRMB126million.

ChongqingGrand Waterfront (100% owned)

Project in Erlong Phoenix Area (100% owned)

AdjacenttoamunicipalparkintheNan’anDistrict,GrandWaterfrontwillbealuxuryriversideresidentialdevelopment,complementedbyacommercialarea,akindergartenandclubhousefacilities.Theuniquely-designed,rhythmicgroupingofits23apartmenttowerswilloffermostofits3,050residentialunitsanexpansivesouthernviewoftheYangtzeRiver.Thewholeproject,withatotalgrossfloorareaofapproximately3,600,000squarefeet,willbecompletedinfourphases.Phase1ofapproximately1,100,000squarefeetfeaturingabout892apartmentswascompletedinthethirdquarterof2012.ThefirstbatchwaslaunchedforsaleinOctober2011.Phase2,whichprovides1,358apartmentswithatotalgrossfloorareaofabout1,600,000squarefeet,isnowunderconstructionandplannedforcompletioninthethirdquarterof2014.About528apartmentswithatotalgrossfloorareaofabout600,000squarefeetwillbeprovidedinPhase3andarenowalsounderconstructionandplannedforcompletioninthethirdquarterof2015.Phase4ofapproximately300,000squarefeetfeaturing272apartmentsisscheduledforcompletioninthethirdquarterof2015.Duringtheyearof2012,atotalofover1,000apartmentshadbeensoldatRMB680millioninaggregate.

Gong Yuan Qian Metro Station

TongqingRoad

JiefangSouthRoad

JiefangM

iddle Road

Subway Line 2 Subway Line 6(under construction)

Haizhu Square Metro Station

Guangzhou

Dalian Golden Pebble Beach Hospital

Jinshiyuan

Haibin Road

Zhongxin Street

Guans

hi R

oad

Yinta

n Road

Dalian

Xidian

Liaoning Universityof TraditionalChinese Medicine

Xiao Yao Bay

Liaohe East Road

Jinshi Road

Dalian



LocatedattheheartofCentralBusinessDistrictinYuexiuDistrict,Guangzhou,thisprestigiousmixed-usedevelopmenthasconvenientaccesstothePearlRiver,aswellastheHaizhuSquareanditsMetroStation,whichwillofferexcellenttransportconnectionsandbeautifulriverfrontscenery.Withasiteareaof240,000squarefeet,itwillbemadeupofGradeAoffices,anup-marketshoppingmall,top-gradeofficebuildingsandahistoricbuildingthatwillberevitalized.ThisdevelopmentwillbeamajorlandmarkinGuangzhou,andanintegratedcomplexcomprisingcommercial,entertainment,leisureandculturalfacilities.Preliminaryconstructionwillcommenceinmid-2013, and the development is targeted for completion in late 2017,when itwill thenbecomeanotherflagshippropertyintheGroup’srentalportfolio.

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

DalianJin Shi Tan project (100% owned)

GuangzhouProject at Haizhu Square (100% owned)

Xiao Yao Bay Composite Development (100% owned)

Located in Jin ShiTanwith a land lotof about 3,200,000 square feet, it is tobedevelopedintoalow-densityluxuryresidential project, complemented bya resident clubhouse and commercialfacilities, providing an aggregate grossfloor area of about 1,600,000 squarefeetforaround400houses.Preliminaryworksareinprogress.

Designed by world-renowned Aedas Limited, this composite commercial and residentialdevelopmentprojectwillhaveover8,700,000squarefeetofgrossfloorarea.

Xueze Road Station

Xianlin Centre Station

Nanjing NormalUniversity

Nanjing FinancialUniversity

Golden EagleShoppingCentre

School Supply Supermarket(Shop@Nanjing Polytechnic College)

Xuelin Road

312 S

tate

Hig

hway

Wenyuan Road

Wenlan Road

Nanjing

Nanjing RailwayStation

Maigaoqiao MetroStation

Hongshan ZooMetro Station

Hon

gsha

n R

oad

Heyan Road

Nanjing



Emerald Valley, Nanjing (artist’s impression)

Treasure Garden, Nanjing (artist’s impression)

Located in thedowntownareaofQixiaDistrict,this site has an area of approximately 600,000squarefeetandwillbedevelopedintoaresidentialdevelopment with a total gross floor area ofabout 900,000 square feet. With MaigaoqiaoMetro Station nearby, this project is situatedclose to plenty of lifestyle and daily amenitiessuch as shopping, healthcare, cultural and sportsfacilities.Constructioncommencedinthesecondquarter of 2011 and pre-sales were launched inthe thirdquarterof2012. For theproject,about380unitswitha totalgrossfloorareaof around520,000squarefeetweresoldbytheendof2012,generating a gross revenue of approximatelyRMB647million.Itisplannedforcompletionbythefourthquarterof2013.

Nanjing Treasure Garden (90.1% owned)

Emerald Valley (100% owned)

LocatedinNanjingXianlinNewDistrict,thisapproximately1,600,000squarefeetlandlotisplannedtobedevelopedintoahigh-endresidentialproject,complementedbyanursery,amenitiesandacommunitycentreandotherfacilities,providinganaggregategrossfloorareaofabout1,200,000squarefeet.WiththerelocationofuniversitiesandcollegesintothisdistrictandtheopeningofXianlinsubwaystationinMay2010,thisuniversitytown’scommunityfacilitiesandtransportationnetworkarebeingfurtherenhanced.ConstructionforitsPhase1developmentcommencedinthesecondquarterof2010withplannedcompletionbythefirstquarterof2013.Pre-saleswerelaunchedinthefourthquarterof2011.Over190unitswithatotalgrossfloorareaofabout230,000squarefeetweresoldduringtheyearof2012,makingagrossrevenueofapproximatelyRMB235million.

Nanjing RoadWest Station

People’s SquareStation

People’sGarden

People’sSquare

Nanjing Road West

Nor

th C

heng

du R

oad

Metro Line 2

Yan’an Elevated Road

Beijing Road West

Feng Yang Road

Shanghai

JinrongzhongxinStation

Haerbin Road

Bei

jing

Stre

et

Existing Railway Line

Met

ro L

ine

Tian Hou Gong Road

Shenyang



Henderson 688, Shanghai (artist’s impression)

“Henderson 688” is designed byinternationallyrenownedJapanesearchitectTangeAssociatesanditsinnovative,quartz-like façademakes it standout in the busyNanjingRoadWestofJinganDistrict.Uponscheduledcompletion in the fourthquarterof 2013, it will have a total gross floorarea of approximately 700,000 square feetcomprisinga22-storeyGrade-Aofficetowerplus a two-level retail podium.Marketingand pre-leasing had been launched andgreetedwithkeenmarketinterest.

ShanghaiHenderson 688 (formerly known as Lot 688, Nanjing Road West, Jingan District) (100% owned)

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

Shenyang Shenyang International Finance Centre (100% owned)

The Shenyang InternationalFinance Centre project is locatedin the Shenyang Finance &Trade Development Zone. Tothe northwest is the ShenyangNorth Railway Station, whilsta subway station is also withinwalking distance, bringing addedconvenience to this project. Thisproject will comprise servicedapartment buildings, a suite hotel,an office tower and a shoppingmall, providing a total grossfloorareaofabout3,140,000squarefeet.

Yueya Lake

NangouReservoir

Pu River

Shenbei Road

Shenyang



Golden Riverside, Shenyang (artist’s impression)

LocatedinthescenicPuheNewDistrictDevelopmentwithmanybeautifulnaturallandmarkssuchasYueyaLake,PuRiver,parksandhillswithinthevicinity,thesitewillbedevelopedinphasesintoalow-rise,low-densityandmulti-storeyapartmentsforresidentialdevelopmentwithatotalgrossfloorareaofabout7,930,000squarefeet.Itsfirstphaseofdevelopment,withatotalgrossfloorareaofabout290,000squarefeetforits68low-riseresidentialunits,isdueforcompletioninthesecondquarterof2014andpre-saleswillbelaunchedin2013.Constructionofitssecondphaseofdevelopment,comprising316low-rise,low-densityandmulti-storeyapartmentswithatotalgrossfloorareaofaround1,270,000squarefeet,isalsounderway,whereasthefirstbatchof134unitswillbelaunchedforpre-salein2013,withtheplannedcompletioninthesecondquarterof2014.

Golden Riverside (100% owned)

Tiger Hill Scenic Zone

Yua

n H

e T

an

Shanghai-Nanjing Expressway

Ren

min

Roa

d

Sujia

hang

Exp

ress

way

Yangchenghu Rd. (W)

Chunshenhu Rd. (W) Suzhou

TianshuiRiverTieling Municipal

Government

Tieling MiddlePeople’s Court

Jinshajiang Road

Lancangjiang Road

Changjiang Road

Jialingjiang Road

Tais

han

Roa

d

Song

shan

Roa

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Hen

gsha

n R

oad

Tieling



Riverside Park, Suzhou (artist’s impression)

New Town Central District Development, Tieling (artist’s impression)

SuzhouRiverside Park (100% owned)

TielingNew Town Central District Development (100% owned)

Located next to the administrationcentre of themunicipal governmentwith the scenic Yuyi Lake inthe proximity, this land lot ofapproximately2,750,000square feetwillbedeveloped intoanexhibitioncentre, as well as office-cum-commercial complexes with a totalgross floor area of approximately4,900,000squarefeet.

RiversidePark,acommunitydevelopmentprojectinXiangchengDistrict,issupportedbyincreasinglyimprovedfacilities.BenefitingfromSuzhou’s picturesque beauty and reputation as the “Venice of the east”, its residential development nestles among scenic water-themedsurroundings.Theentireresidentialprojectwillhaveover6,800,000squarefeetofgrossfloorareatobecompletedinfivephases.Phase1ofabout600luxuryresidenceswithatotalgrossfloorareaofabout700,000squarefeetwascompletedinthefirsthalfof2012.Pre-saleofPhase2waslaunchedinthefourthquarterof2012.Duringtheyearof2012,about730unitswithagrossfloorareaofcloseto880,000squarefeetinaggregateweresold,bringingatotalsalesrevenueofRMB695million.

Adjacenttothelarge-scaleluxuryresidentialcommunityofRiversidePark,asiteof1,600,000squarefeetwillbedevelopedinphasesbytheGroupasaleadingcompositecommercialdevelopmentinXiangchengDistrict,Suzhou.Uponcompletion,therewillberetailavenue,shoppingmall,cateringandentertainmentfacilities,officetower,servicedsuites,plazaforoutdooractivities,aswellasothersupportingfacilities,providingatotalgrossfloorareaof10,000,000squarefeet.Itisalsoplannedtohavedirectaccesstoalight-railstation,whichisnowunderconstruction.

Chan River

Xi’an Universityof Technology

Xi’an PolytechnicUniversity

Daming GongRelic Park

SubwayLine 1

(UnderConstruction)

ChangleRoad East

NorthRing Road

Third

Rin

g Ro

ad E

ast

Xinba Road

Seco

nd R

ing

R

oad

East

Huaqing Road

East

Ring

Roa

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XilinExpressway

Subway Line 3(Under Construction)

Jinhua RoadStation

Hujia TempleStation

ChanheStation

Xian

Lotus Lake

WetlandFengguanMountain

HeilongjiangRoad

Songhuajiang Road

Hua

ngsh

an R

oad

Tais

han

Roa

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Lush

an R

oad

Zhon

gsha

n N

orth

Roa

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Tieling



La Botanica, Xian (artist’s impression)

Lotus Lakeside, Tieling (artist’s impression)

Xian La Botanica (50% owned)

Lotus Lakeside (100% owned)

AdjacenttothescenicLotusLake,alandparcelofapproximately9,500,000squarefeetwillbedevelopedintoalow-densityresidentialcommunitywithluxuryvillasandcomprehensivefacilities,providingatotalgrossfloorareaofapproximately3,800,000squarefeet.

JointlydevelopedbytheGroupandTemasekHoldings(Private)LimitedofSingapore,LaBotanicaislocatedwithinthescenicChanBaecologicalDistrictwithasubwaylineunderconstructionconnectingittothecitycentre.Thiscommunitydevelopmentwillhaveatotalgrossfloorareaofabout33,000,000squarefeet,providinghomesforupto25,000familiesuponfullcompletion.Phase1A,whichcomprises16lowtomid-riseblockswithatotalgrossfloorareaofabout1,200,000squarefeet,wascompletedinMarch2011withits981unitsbeingsoldout.Phase2Anamed“Salamanca”,whichconsistsof432unitsincludingterracedhouseswithatotalgrossfloorareaofabout930,000squarefeet,wasalsocompletedinthefirstquarterof2012andcumulatively,over220unitshavebeensoldsinceitslaunchinthefourthquarterof2010.“LuWan”,Phase1Bofthisdevelopmentwithatotalgrossfloorareaofabout2,000,000squarefeet,waslaunchedforpre-saleinthefourthquarterof2010andover1,730unitshavebeensnappedup.“CI”portionof“LuWan”wascompletedinDecember2012,whereasthecompletionof“C2”portionwasscheduledforthefirsthalfof2013.Phase3Aconsistingof3,560,000squarefeetofresidencesisalsounderconstruction.Its“C2”and“C1”portionsareexpectedtobecompletedinlate2013andthefirstquarterof2014,respectively.Pre-saleforphase3A“C2”portionwaslaunchedinOctober2011whilstthatfor“C1”portionwaslaunchedinSeptember2012.About60%ofthe3,758apartmentsweresold.Phase4andPhase5respectivelyconsistingof1,700,000squarefeetand720,000squarefeetofresidencesarenowunderconstruction,andareexpectedtobecompletedin2015.

Jinhua RoadStation

Huaqing Road

Seco

nd R

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Roa

d Ea

stJi

nhua

N

orth

Roa

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Hujia TempleStation

Changying Road

Changle ParkXi’an Universityof Technology

Xi’an PolytechnicUniversity

Subway Line 1

(UnderConstruction)

Subway Line 3(Under Construction)

Don

gzha

nRo

ad

Xian

NewTown

To Airport

Dalong Lake

MunicipalGovernment

Lishui Road

Yingbin Road

Xiaoxiang Road

Lianhuo Expressway

Xuzhou



Palatial Crest, Xian (artist’s impression)

Xuzhou Lakeview Development, Xuzhou (artist’s impression)

Xuzhou Xuzhou Lakeview Development (100% owned)

Palatial Crest (100% owned)

AdjacenttotheHujiaTemplesubwaystation,whichisnowunderconstruction,PalatialCrestisconvenientlylocatedatJinhuaNorthRoadonthemainarteryofSecondRingRoadeast.Theentireprojectwillbecompletedinthreephases,offeringatotalresidentialgrossfloorareaofover3,400,000squarefeetfor3,000families.Thefirstphaseofabout530,000squarefeethadcompletelysoldout,andthecompletedunitswerehandedovertothehomebuyersinearlyJulyof2012.Constructionofanother2,160,000squarefeetofdeluxehigh-riseresidentialunitsinPhase2commencedinthefirstquarterof2012.Presalewaslaunchedinthefourthquarterof2012.Asat31December2012,about260unitsofthisphaseweresold,bringingasalesrevenueofaboutRMB227million.Phase2Adevelopmentisscheduledforcompletionandhand-overinDecember2014,whilstPhase2Bdevelopmentisplannedforhand-overinJune2015.

Cateringtomidtohigh-endhomebuyers,XuzhouLakeviewDevelopmentbenefitsfromthebeautifulnaturallandscapeofDalongLake,convenienttransportation and a comprehensive range of facilities. The project,whichincludesluxurydetachedhouses,high-riseapartments,commercialpremisesandotherfacilities,willbecompletedinfourphases,providinga total residential area of approximately 4,500,000 square feet for over3,600families.Phase1Aofnearly700,000squarefeetfor402residencesisnowunderconstructionwithcompletionexpectedshortly.Constructionofanother1,800,000squarefeetfor1,290premiumresidencesinPhase1BandPhase3isnowunderwaywithplannedcompletioninthesecondhalfof2014.Another900,000squarefeetcomprising811premiumresidencesinPhase2Aareplannedtobeunderconstructioninthefirsthalfof2013.

Following the sale in 2011 of the initial batch of unitswhich had beensnapped up with record prices, various types of units in Phase 1A/1BandPhase3werealsolaunchedin2012andmetwithanoverwhelmingresponse.During2012,about880unitsweresold,achievingagrossrevenueofapproximatelyRMB691million.

Dongjiu Lake

Daxi River

Yixing Shidong Yu Elementary School

Don

gjiu

Ave

nue

Yangxian East Road

Yangquan East Road

Xiangtou East Road

Jing

yi St

reet Yixing

Temple ofPrince Zhou

Yixing Hotel

Yixing Grand Hotel

SportsCentre

South RiverJiaoyu Xilu Ji

ngxi

Zho

nglu

Tucheng Lu

Renm

in N

anlu

Yixing



Island Palace, Yixing (artist’s impression)

Grand Lakeview, Yixing (artist’s impression)

Setamongstlush,tranquilsurroundingsinDongjiuDistrict,GrandLakeviewisjusta5-minutedriveawayfromthecitycentre.Tobecompletedin11phases,thislakefrontdevelopmentoffersluxurylivinginamixofsemi-detachedandduplexhouses,multi-storeyandlow-riseapartments,providinganaggregategrossfloorareaofabout9,000,000square feet forover6,800families. Construction isunderwayandPhases1A,1Band1Ctotallingabout1,800,000squarefeetofresidenceswerelaunchedforpre-saleinthesecondquarterof2012withthescheduledcompletioninthethirdquarterof2013.Uptotheendof2012,approximately1,180unitswithatotalgrossfloorareaofabout1,480,000squarefeetinPhase1weresoldwithsalesamountingtoRMB1,072million.

Yixing Island Palace (100% owned)

Grand Lakeview (100% owned)

Inaserenelocationonanislandcloseto the bustling Yicheng town centre,this site of about 400,000 squarefeet is being developed into a luxuryresidential community and upon itssingle-phasedcompletionbytheendof2013,therewillbeduplexes,high-riseapartmentsandaresidents’clubhouse,providing a total gross floor area ofabout 700,000 square feet for 306households.

progress of major development projects€¦ · the wholeproject,with a totalgrossfloorarea of...

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