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Old May 1st, 2005, 04:58 AM   #121
vincent
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those pics are HARD to load. Can't see the pics.
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Old May 1st, 2005, 06:28 AM   #122
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yeah, way TOOOOO slow
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Old May 1st, 2005, 06:51 AM   #123
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OK so i'm going to post it again with all of them uploaded to Photobucket =D
but they got resized by Photobucket ....






Extra but not Nina =(
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Old May 1st, 2005, 06:51 AM   #124
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same problem here... but from wht i can see after 5 minutes lots of glasses have gone up :-)
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Old May 1st, 2005, 10:39 AM   #125
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wow, i see the pics now! The look is getting better everyday!
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Old May 1st, 2005, 11:05 AM   #126
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turning out great
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Old May 1st, 2005, 04:01 PM   #127
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Old May 1st, 2005, 05:16 PM   #128
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Nice to see the facade is comin on nicely, building looks cool.
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Old May 1st, 2005, 06:16 PM   #129
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wow it's going very well! Great glass
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Old May 3rd, 2005, 12:05 AM   #130
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Nice Facade and bridge! This one is coming out well...
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Old May 3rd, 2005, 04:00 AM   #131
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nice nice nice nice !!!!!!!!!!!!!
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Old May 8th, 2005, 08:02 AM   #132
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New identity for industrial Tsuen Wan
Classy office and residential projects are gradually changing the face of the district

Ng Kang-chung
4 May 2005
South China Morning Post

Tsuen Wan, an old industrial district in New Territories West, is being transformed into a residential and commercial hub.

The area will soon feature mega malls, towering office buildings and classy residential projects.

According to the Rating and Valuation Department, about 2,500 private residential flats were completed in Tsuen Wan last year, accounting for about 21 per cent of the total number of new flats completed throughout the New Territories in that period.

The number of flats to be completed this year should jump to 4,300.

At the end of last year, Tsuen Wan had stock of about 845,000 sq ft of office space, 725,487 sq ft of which was grade A. Another 288,000 sq ft of office space will be created in the district this year.

According to the Rating and Valuation Department, Tsuen Wan will be the only source of private office supply in the New Territories this year.

Midland Surveyors director Ronald Cheung Yat-fai said: "There will be many interesting developments in Tsuen Wan in the next few years."

Major projects include Chelsea Court, developed by Sun Hung Kai Properties, consisting of 1,624 serviced apartments of 500 sqft to 1,400 sqft.

Close to West Rail Tsuen Wan Station is a Sino Land-Urban Renewal Authority (URA) development - Tsuen Wan Town Centre, the shopping and residential complex will have 1,920 flats in five towers. Sino and URA are also building a project on a 77,824 sqft site on Yeung Uk Road that should yield more than 500 flats.

Further inland, on mid-hill, is low-density residential development Cairnhill, a joint project of Cheung Kong and Sino Group. The project will yield 770 units.

Near the waterfront on Yeung Uk Road will be Indi Home - a serviced apartments project by Chinese Estates Holdings that should be completed by the end of the year. The 56-storey tower will feature upmarket residential units.

In the commercial sector, Chinachem Group's Nina Tower is under construction. The 80-storey project will comprise offices and a hotel offering 1,000 rooms. Next door is the company's 40-storey, 640-room hotel block L'Hotel Nina Tower One, which will be launched in September.

Property consultants said developers had a positive outlook for Tsuen Wan because of its proximity to Disneyland and the bridge to Macau and Zhuhai.

"Tsuen Wan is becoming a retailing and residential hub serving the western New Territories and will be comparable to Sha Tin in the eastern New Territories or Mongkok in Kowloon," Mr Cheung said.

The Disneyland theme park is expected to open in September, while the Hong Kong-Zhuhai-Macau bridge, with its starting point on Lantau Island, near to Tsuen Wan, will cut travelling time from Tsuen Wan to Macau to about 30 minutes when it is completed in 2010.

Tsuen Wan was first developed as an industrial area. But with the decline of manufacturing industry in Hong Kong, today most of the industrial buildings have been either knocked down to make way for residential developments or converted into other commercial uses.

Tsuen Wan now has a population of about 290,000 and this will increase as residential developments are completed.

However, not all industry players are optimistic about the district's future.

SK Pang Surveyors managing director Pang Shiu-kee said: "The supply boom we see today [in Tsuen Wan] is mainly a result of delayed redevelopment projects over the past 10 years. Many of the flats should have been completed long ago."

He said the Tsuen Wan Seven Street redevelopment, or Tsuen Wan Town Centre, had been delayed for some time.

Toco Planning Consultants managing director Ted Chan Tat-choi said: "Tsuen Wan was zoned as an industrial district. It is difficult to change the town planning now when everything has been well-developed. More importantly, we do not see any clear government planning objective for Tsuen Wan. Whether [government] wants it to remain an industrial area or to change into a residential or commercial district {hellip} I am not sure. This is not healthy for the development of a district."

While Tsuen Wan has a way to go to become a business hub, agents said retail rents had surged because investors had a positive outlook

Centaline Property Agency regional sales director Cares Wong Kam-fung said: "The commercial rents in downtown Tsuen Wan have gone up by between 10 per cent and 20 per cent."

She said that a shop space of about 800 sqft on Tai Pa Street, a quieter part of Tsuen Wan, was recently sold for $11.4 million. The space was previously sold in 1996 for $7.94 million.

Ricacorp Properties Tsuen Wan district sales director Ringo Choi said: "The feel-good effect has also helped push up flat prices in the district. Prices of secondary [market] flats in the district have jumped about 10 per cent since the beginning of the year. I would not be surprised to see a rise of another 15 per cent in the months to come."

Secondary market flats are selling for about $3,000 to $3,500 per sqft, while the average price of new flats is $4,500 to $5,000 per sqft, according to agents.
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Old May 8th, 2005, 09:21 PM   #133
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looks really beautifull!! Great tower!
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Old May 8th, 2005, 09:37 PM   #134
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Skybridges!
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Old May 9th, 2005, 07:37 PM   #135
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check out the base too
[IMG]http://************/50rxnp[/IMG]
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Old June 17th, 2005, 12:45 PM   #136
Sher
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Just taken few hours ago!!! Bad weather these days.....










Looking nice.
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Old June 17th, 2005, 01:04 PM   #137
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i don´t like this reflecting glas
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Old June 17th, 2005, 01:34 PM   #138
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Looks okay to me

Probably, better after the protective sheets are removed from the facade when completed?
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Old June 17th, 2005, 03:39 PM   #139
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wow that tower looks cool!
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Old June 17th, 2005, 08:41 PM   #140
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Great update! I like the collor. In good weather it should be even better!
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