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Old August 25th, 2017, 07:37 PM   #2181
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Cheung Kong to slick up Oil Street with hotel, flats
The Standard
Monday, January 16, 2012



Cheung Kong (Holdings) (0001) is planning an 800-room hotel and a 400-unit luxury residential project on Oil Street in North Point.

It is awaiting Town Planning Board approval that will see seven towers, each more than 100 meters tall, erected on the 84,898-square-foot site with one of them designated for a 39-story hotel.

The remaining towers of between 35 and 38 stories will, Cheung Kong said, be designed for hotels and apartments.

Residential units will have an average size of 1,110 sq ft.

The buildings would offer a total gross floor area of 755,600 sq ft. Of that, 322,900 sq ft will be for hotel purposes, and 432,700 sq ft for apartments.

There are also plans to include 75,350 sq ft of public space. Construction is set for completion by 2017.

"With only around three meters of ceiling height on average, it would be a challenge for the developer to make the hotel rooms look spacious, especially when it is likely to be a five-star one," said Vincent Cheung Kiu-cho, Cushman & Wakefield national director for valuation and advisory services.

He said five-star hotels usually have ceiling heights of more than four meters.

Charles Chan Chiu-kwok, managing director of Savills Valuation and Professional Services (Greater China) said the flats would be in demand.

"The residential portion shouldn't have too much impact on the market in the locality. The area should be able to absorb all 400 units since demand of flats on Hong Kong Island is still high."

Chan estimates the cost of developing the residential towers at HK$3,000 psf, while that for the hotel tower will come in between HK$4,000 and HK$5,000 psf.

In August, the developer won the tender for the site, having bid HK$6.27 billion, or HK$8,294 per buildable sq ft.
The skyscraper skyline of Hong Kong Island's waterfront by Graham, on Flickr
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Old August 27th, 2017, 01:22 PM   #2182
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Hong Kong Economic Journal
July 26, 2017
Garden applies to redevelop Sham Shui Po headquarters



The headquarters of bakery company Garden, a landmark in Sham Shui Po, is up for redevelopment.

The company is awaiting approval from the Town Planning Board. The building is located at 58 Castle Peak Road.
Conservationists up in arms as owner plans to tear down Garden Building to make way for offices
An application by bakery group The Garden Company to redevelop its Sham Shui Po headquarters is drawing fire from heritage conservationists
August 27, 2017
South China Morning Post Excerpt

Hong Kong’s conservationists are speaking out against plans by developers to raze the Sham Shui Po corporate headquarters of The Garden Company, the city’s first bakery and confectionery maker that traces its establishment to 1926.

The owner of the building plans to turn the site at 58 Castle Peak Road into a 25-storey commercial and office building, according to redevelopment applications submitted to Hong Kong’s Town Planning Board.

The structure is the latest to come under the wrecking ball, after a sale in May of the first piece of land in downtown Central in 20 years set a world price record for commercial real estate, spurring many Hong Kong landlords to redevelop their existing property to capitalise on soaring prices.

The Garden Company isn’t alone. The owners of the Crowne Plaza and Excelsior Hotel have submitted redevelopment plans to transform their properties into commercial offices in the hope of getting higher returns.

Many technical and planning issues need to be taken into account in the redevelopment of The Garden Building, said Thomas Lam, head of valuation at Knight Frank.

“The redevelopment project is not 100 per cent for offices. It will include areas for teaching or exhibition,” Lam said, estimating that the commercial portion of the project could be sold for between HK$12,000 to HK$15,000 per square foot, or be rented out for between HK$25 to HK$35 per sq ft every month.

The Town Planning Board has received more than 382 comments on the development application, with more than 90 per cent opposed to the plan. Opponents were dissatisfied that the application failed to make any provision for preservation.

More : http://www.scmp.com/business/compani...-building-make
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Old September 2nd, 2017, 09:14 AM   #2183
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Task force digs in to find housing land
30 Aug 2017
The Standard Excerpt

Chief Executive Carrie Lam Cheng Yuet-ngor's 30-expert Task Force on Land Supply has been tasked with delivering within 18 months a plan to increase land supply including reclamation and brownfield sites.

Lam announced setting up the group to deliver on one of her promises to address Hong Kong's serious housing crisis by expanding land supply instead of taxation.

The task force, which will start working on Friday, will be responsible for starting discussions on options about increasing land supply, review the government's current short-, middle- and long-term land policies and explore land sources.

The 30 members, made up of 22 non-official and eight officials, will be in office for 18 months.

The Housing Authority's subsidized housing committee chairman, retired banker Stanley Wong Yuen-fai, who chairs the task force, said they might discuss suggestions of country park peripheral areas, land reclamation, brownfield, or even buildings above facilities such as cargo terminals and reclaiming reservoirs.

He hoped to carry out public consultation in the first half of next year before drafting a final report on priorities of land supply measures without naming specific sites.

"With such short time to enhance social participation, there's no time to choose particular locations," Wong told The Standard.

"We might point to developing country park areas with low ecological value and, if we get consensus, then we can make it a principle of development with the government following this principle to choose sites for development."

Topics such as reservoir reclamation will be examined as citizens mainly drink water from Dongjiang, he said.
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Old September 10th, 2017, 11:13 PM   #2184
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Sept. 6, 2017
Hong Kong Economic Journal Excerpt
1,300 home seekers scramble for four flats at Parc City



Despite the slim odds, about 1,300 home seekers sought to buy four available units at Parc City in Tsuen Wan, forming a long queue outside the sales office at Nina Tower as early as 9 a.m. on Tuesday, the Hong Kong Economic Journal reports.

The four flats at the new residential project, near Tsuen Wan West MTR station, were offered for resale by developer Chinachem group, after their original buyers forfeited their deposits. The units have sizes ranging from 427 to 850 square feet.

The units were offered for resale at their original prices. The 427 sq. ft. unit, with two bedrooms, was sold for around HK$6.21 million, while the three other units were sold above HK$9.67 million.
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Old September 21st, 2017, 04:41 PM   #2185
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Hong Kong prefabricated home trials to be launched at HKU and Science and Technology Park
Prefabricated accommodation will house employees and university students as government considers alternative solutions to housing supply problem
September 21, 2017
South China Morning Post Excerpt

The Science and Technology Park and the University of Hong Kong will be the sites for two trials of prefabricated homes for students and employees, the secretary of development has revealed.

Both the government and the construction industry welcomed the idea of relieving housing pressure in the city through use of prefabricated living units, Development Bureau chief Michael Wong Wai-lun said on Thursday morning, just a day after he said the government had no particular stance on building container homes.

The idea of using such structures as low-rent residences was raised on Wednesday by the Council of Social Service. The council has been in talks with several developers over plans to build container homes ranging from 160 to 320 sq ft in size, which could each house two to five people. These homes are to be rented at cheap rates to families on the waiting list for public housing.

Speaking at the opening ceremony for Construction Safety Week, Wong said the government had two pilot projects in mind: one called InnoCell at the Science and Technology Park in Sha Tin and the other at the University of Hong Kong in Pok Fu Lam.

The prefabricated houses would be dormitories for young employees of the park and for students at the university, the development chief said.

According to a paper handed to the Legislative Council’s panel on commerce and industry by the Innovation and Technology Bureau in July, a piece of rectangular land about 31,000 sq ft in size near the south end of the park would be used to develop InnoCell and provide about 500 cubicles in 2020. The expected monthly rent would range from HK$8,000 to HK$10,000 for a furnished unit about 190 sq ft in size, about 40 per cent cheaper than the market price for the area.

More : http://www.scmp.com/news/hong-kong/c...ku-and-science
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Old September 27th, 2017, 05:01 PM   #2186
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Legendary hotel faces end of road
June 6, 2017
The Standard Excerpt

Mandarin Oriental International said yesterday that it plans to test market interest in the possible sale of the legendary Excelsior hotel in Causeway Bay.

The international hotel chain and member of the Jardine Matheson Group is reviewing its long-term strategic options in light of recent strong commercial property valuations in Hong Kong.

Surveyors estimate the valuation of the property, depending on how the sale is structured, could go above HK$34.2 billion.

The company obtained approval in 2015 to redevelop the hotel into a commercial building with a gross floor area of 683,508 square feet.

Leo Cheung Sing-din, Icon City head of business valuation, said the project enjoys a full harbor view and the retail portion of the property could be very valuable. He estimated that the price per square foot of the project could reach HK$40,000 to HK$50,000.

Factoring in the potential gross floor area of the project, valuation of the project would be between HK$27.3 billion and HK$34.2 billion.

"This project is a special case as it has earlier acquired approval to be redeveloped into a commercial building," said Knight Frank senior director Thomas Lam Ho-man. "The valuation will depend on how the owner plans to sell it.
Mandarin Oriental plunges 28pc in Singapore after sale of The Excelsior scrapped
Sept. 27, 2017
The Standard Excerpt

Mandarin Oriental International tumbled 27.96 percent in Singapore after the hotel chain scrapped the sale of its legendary hotel in Causeway Bay.

In an announcement today, Mandarin Oriental International said after having considered the proposals recently received for the sale of The Excelsior, none had met fully its expectations or transaction requirements.

All options including redeveloping the property into a commercial building will be reviewed as the proposals have not provided the basis for the sale of the property at the current time, the statement said.

"The Company had announced previously that as part of a review of its long-term strategic options for The Excelsior it was to test market interest in the possible sale of the property."

The legendary Excelsior hotel, located on Gloucester Road near Victoria Park and the Royal Hong Kong Yacht Club, was opened in 1973. It offers 848 hotel rooms and 21 suites and is popular with both visitors and locals.
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Old October 4th, 2017, 07:23 PM   #2187
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Will mixed-use buildings for Hong Kong starter homes create rich-poor resident divide?
More stakeholder discussion suggested to avoid London trend of ‘doors for the poor’ in shared housing estates
South China Morning Post Excerpt
October 4, 2017

The highly anticipated Starter Home scheme in Hong Kong may be an opportunity to develop a new mixed-used model as proposed by developers, but concerns have been raised after similar projects overseas were criticised for segregating those who were less well off.

Chief Executive Carrie Lam Cheng Yuet-ngor, who will deliver her first policy address next week, has vowed not to use land reserved for public rental housing to build starter homes, aimed to provide affordable flats for young middle-class households.

This would mean the scheme may use land slated for private development. Developers said they were willing to cooperate to help first-time home buyers, the target group of starter homes.

The developers floated ideas of public-private projects, with industry analysts suggesting that these buildings could contain a certain proportion of affordably priced rental flats in exchange for government concessions.

The concept has been applied overseas. In New York, private developers provide affordable housing in exchange for tax breaks, but they are free to build different entrances to separate tenants who pay the market rate from those who don’t.

In a notorious case involving a Manhattan project, 55 out of 274 flats of a 33-storey tower were rented to lower-income families. There are no dishwashers or light fixtures in these flats.

Residents had to use a separate door to enter the building and cannot enjoy higher end facilities such as the gym and swimming pool.

In 2015, the city passed a bill to standardise entrances in such buildings, so that all residents pass through the same doors.

More : http://www.scmp.com/news/hong-kong/c...r-homes-create
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Old October 5th, 2017, 06:02 AM   #2188
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Mandarin Oriental plunges 28pc in Singapore after sale of The Excelsior scrapped
Sept. 27, 2017
The Standard Excerpt

Mandarin Oriental International tumbled 27.96 percent in Singapore after the hotel chain scrapped the sale of its legendary hotel in Causeway Bay.

In an announcement today, Mandarin Oriental International said after having considered the proposals recently received for the sale of The Excelsior, none had met fully its expectations or transaction requirements.

All options including redeveloping the property into a commercial building will be reviewed as the proposals have not provided the basis for the sale of the property at the current time, the statement said.

"The Company had announced previously that as part of a review of its long-term strategic options for The Excelsior it was to test market interest in the possible sale of the property."

The legendary Excelsior hotel, located on Gloucester Road near Victoria Park and the Royal Hong Kong Yacht Club, was opened in 1973. It offers 848 hotel rooms and 21 suites and is popular with both visitors and locals.

"Traffic Light Trails" in Causeway Bay , Hong Kong by Ben Molloy, on Flickr

Hong Kong's Property Market Gets a 'Reality Check'
October 5, 2017
Bloomberg Excerpt

The scrapped sale of The Excelsior hotel in Causeway Bay may have been a “reality check” in a heated Hong Kong property market, according to Irene Lee, chairman of Hysan Development Co.

“We didn’t get it -- or we didn’t bid,” Lee said in a Bloomberg Television interview Wednesday, refusing to confirm local media reports that her firm had been among those vying for the hotel on Lot No. 1, the first land auctioned in Hong Kong in 1841.

A cycle of ever-increasing expectations for commercial property values was fueled by the record HK$23.3 billion ($3 billion) fetched by the Murray Road car park building in Central in May, according to Lee. “Maybe we’re having a mild reality check,” she said, adding that China’s move to rein in some aggressive purchasers of overseas assets, such as HNA Group Co., may also have weighed on sentiment.

As the largest commercial landlord in Causeway Bay, Hysan owns the Lee Gardens and Hysan Place retail and office properties. The firm teamed up last year with developer HKR International for a rare foray into residential development, buying land in Tai Po.

Describing the property market as “quite hot,” Lee said developers needed to be sensible and not get “carried away.” At the same time, she expects an “adjustment” or a “normalization,” not a 1997-style property crash, adding that Hysan will continue to bid for residential sites when “the numbers work for us.”

Mandarin Oriental International Ltd. last month scrapped the sale of The Excelsior, saying that bids for the 869-room hotel failed to meet its expectations and it would review options including redevelopment into a commercial property. Local media reported that the bidding level for the property could be about HK$30 billion.
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Old October 7th, 2017, 05:04 AM   #2189
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Tsuen Wan West

Sunrise/ Tsuen Wan, HK by kc ma, on Flickr
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Old October 8th, 2017, 09:31 AM   #2190
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Green group urges rethink over Tseung Kwan O public housing plan
Conservancy Association says an environmental report on the area missed several rare species of vegetation
October 8, 2017
South China Morning Post Excerpt

An environmental group has accused the government of underestimating the ecological value of green belt sites earmarked for housing development in Tseung Kwan O, citing valuable trees and a fragile ecosystem in the area.

The accusation came as the Conservancy Association found the government’s proposal to rezone five sites, covering green belts and community uses, for public housing development.

Green belts, located on the fringe of urban settlements, are used as zones to prevent cities and towns from encroaching on environmentally sensitive areas.

But the plan was approved by the Executive Council, a top official advisory body, and it is now under public consultation by the Town Planning Board, which will end this Wednesday.

The five sites are located in the north of Tseung Kwan O Village, the northwest of Ying Yip Road, the south of Chiu Shun Road, the west of Yau Yue Wan Village and east of Hong Kong Movie City.

But the green group said the development project would affect 11.4 hectares of vegetation and fell more than 15,000 trees, including an ecologically valued species that had been overlooked in an environmental report, commissioned by the Civil Engineering and Development Department. The report served as a reference for the deliberations of the relevant government bodies.

“The green belts aren’t as ecologically insignificant as the government would want us to believe,” said Roy Ng Hei-man, campaign manager of the association. “For example, in a woodland in the north of Tseung Kwan O Village, we found 16 mature trees of the legally protected Pyrenaria spectabilis, also known as Common Tutcheria, each five to seven metres tall, instead of only one tree as pointed out in the report, and there are also many of its small seedlings.

A total of 11,260 flats are expected to be built for 31,530 residents, if the plan is approved.
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Old October 11th, 2017, 06:33 PM   #2191
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Oct. 11, 2017
Hong Kong Economic Journal Excerpt
Kwun Tong site to be used for Starter Home scheme launch

A “Starter Homes” scheme that aims to help middle class first-time homebuyers will be launched next year, with a site in Kwun Tong to be used to develop the first batch of the new subsidized homes.

According to Chief Executive Carrie Lam’s policy address Wednesday, the pilot scheme will kick off by the end of 2018 through the use of an Anderson Road site that is part of the government’s land sale program.

The project will provide about 1,000 residential units.

The upper income limit for the new scheme for eligible buyers will be set at HK$34,000 a month for single people and at HK$68,000 for households with two or more members.

Details of the scheme will be finalized before a further announcement is made in mid-2018.
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Old October 15th, 2017, 06:06 PM   #2192
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Oct 13, 2017
Hong Kong Economic Journal Excerpt
Lam’s scheme for first-time homebuyers a damp squib

As expected, Chief Executive Carrie Lam Cheng Yuet-ngor’s maiden policy address was overwhelmingly focused on livelihood issues – housing, in particular.

But those who were looking forward to some “outside-the-box” approach to our housing woes in her policy blueprint might have felt rather disappointed.

Her much-anticipated housing scheme for first-time homebuyers turned out to be a damp squib; it would only provide 1,000 new flats in Kwun Tong, and once approved by Legislative Council next year, they would take at least three years to build, which means they won’t be available until 2021 at the earliest.

As we have said before, we believe the government is headed in the right direction by creating two “separate” property markets, i.e., the existing private market that freely allows sales and purchases of properties, and the Starter Homes scheme, in which flats are off-limits to investors, available exclusively to first-time homebuyers, and priced below market levels.

However, this plan is not going to work unless the government is able to provide a substantial number of new homes in the market for first-time homebuyers in a sustainable fashion. We just don’t see how a mere 1,000 units can make a difference.
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Old October 19th, 2017, 12:12 PM   #2193
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Conservationists up in arms as owner plans to tear down Garden Building to make way for offices
An application by bakery group The Garden Company to redevelop its Sham Shui Po headquarters is drawing fire from heritage conservationists
August 27, 2017
South China Morning Post Excerpt

Hong Kong’s conservationists are speaking out against plans by developers to raze the Sham Shui Po corporate headquarters of The Garden Company, the city’s first bakery and confectionery maker that traces its establishment to 1926.

The owner of the building plans to turn the site at 58 Castle Peak Road into a 25-storey commercial and office building, according to redevelopment applications submitted to Hong Kong’s Town Planning Board.

The structure is the latest to come under the wrecking ball, after a sale in May of the first piece of land in downtown Central in 20 years set a world price record for commercial real estate, spurring many Hong Kong landlords to redevelop their existing property to capitalise on soaring prices.

The Garden Company isn’t alone. The owners of the Crowne Plaza and Excelsior Hotel have submitted redevelopment plans to transform their properties into commercial offices in the hope of getting higher returns.

Many technical and planning issues need to be taken into account in the redevelopment of The Garden Building, said Thomas Lam, head of valuation at Knight Frank.

“The redevelopment project is not 100 per cent for offices. It will include areas for teaching or exhibition,” Lam said, estimating that the commercial portion of the project could be sold for between HK$12,000 to HK$15,000 per square foot, or be rented out for between HK$25 to HK$35 per sq ft every month.

The Town Planning Board has received more than 382 comments on the development application, with more than 90 per cent opposed to the plan. Opponents were dissatisfied that the application failed to make any provision for preservation.

More : http://www.scmp.com/business/compani...-building-make
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Shek Kip Mei - Garden Hill (5) [Explored] by Jaylie Wong, on Flickr
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Old October 20th, 2017, 09:05 AM   #2194
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Oct 20, 2017
Hong Kong Economic Journal Excerpt
Shatin floating restaurant to offer largest banquet venue in HK


Star Floating Restaurant by Eugene Lim, on Flickr

After 15 years of operation, Star Seafood Floating Restaurant in Shatin, formerly and more famously known as Treasure Floating Restaurant, will be closed next Sunday for renovations.

What has been billed as the largest dim sum restaurant in Hong Kong will become even bigger.

New owner Club One, which specializes in providing one-stop wedding services, will take over the floating restaurant along Shing Mun River and turn it into the city’s largest banquet hall with 300 tables. It will reopen in May next year.

Club One chief executive George Wong said the group will spend HK$50 million to renovate the three-storey, 50,000-square-foot venue and the garden outside.

“We will make the floating restaurant have that modern, stylish yet classic Chinese flavor,” Wong said.

As it is now, the restaurant has a very unique architecture. The marble and granite building looks like a ship berthed along the shore, replacing the original floating restaurant structure, which had drawn concerns over water pollution.

At night, its multicolored lights transform the river and immediate surroundings into a romantic fairyland. Club One’s plan is to use LED lighting to make the place even more enchanting.

After the renovation and expansion, the restaurant will have 300 tables, and, at a dozen diners per table, it will be able to host 3,600 people, ideal for wedding banquets, product launches and other corporate events.

The venue will definitely dwarf the Hong Kong Convention and Exhibition Centre, which has a maximum capacity for 1,800 people, although Chief Executive Carrie Lam said in her maiden policy speech last week that the Wan Chai facility will be expanded.

On top of the HK$50 million renovation, Club One has signed a 10-year lease for the property with a monthly rental of HK$1.15 million for the first two years.
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Old October 22nd, 2017, 05:50 PM   #2195
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Oct 20, 2017
Hong Kong Economic Journal Excerpt
Green group urges govt to keep hands off Tai Lam Country Park

Green Power, a Hong Kong environmental group, is urging the government to keep Tai Lam Country Park untouched by housing development.

Matthew Sin Kar-wah, the group’s senior environmental affairs manager, said its latest research showed the Kam Tin part of the park houses a large number of butterfly species, some of which are very rare, the Hong Kong Economic Journal reports.

As such, the government should give up the idea of developing housing projects in the vicinity of the park, Sin said.

According to the study conducted between June and October, 127 kinds of butterflies inhabit the area, accounting for half of the total in Hong Kong. The study, which will last 11 years, is sponsored by oil giant Shell.

Twenty-three types of butterflies are considered precious species, including nine very rare ones and 14 rare ones. Another four are not yet classified.

The group said the periphery of Tai Lam Country Park is home to the most number of rare butterfly species.
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Old October 25th, 2017, 02:18 PM   #2196
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Originally Posted by jchk View Post
According to a user on Gaoloumi, the core of St. Regis Hong Kong (by the China Resources building in Wanchai) has finally started to rise (link here).

While it's not a particularly tall building (just 185m), it's quite exciting to see something other than a boxy glass tower U/C in HK (assuming that this is the plan that will be built).


(Render from Mulderblauw Architects)

Edit: Unfortunately, it looks like the Mulderblauw scheme is not the one being built; the design by Dennis Lau & Ng Chun Man Architects was chosen instead (http://www.zcool.com.cn/work/ZMTY0NzY2MzI=.html)
Slated to open in 2019 : http://www.starwoodhotels.com/stregi...ropertyID=4792

Quote:
Originally Posted by Car L View Post
St. Regis Hong Kong Hotel

2017 July
170720wp_001s by Genuine007, on Flickr
170720wp_002s by Genuine007, on Flickr

2017 Oct
171005wp_002s by Genuine007, on Flickr
171005wp_004s by Genuine007, on Flickr
171005wp_005s by Genuine007, on Flickr
171005wp_006s by Genuine007, on Flickr
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Buildings that don't get posted often (HK) Part I or here | Part II or here | Part III | Part IV | Part V
Artistic decorations inside and outside of the buildings
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Old October 27th, 2017, 08:06 AM   #2197
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Hong Kong builds fewer flats in first nine months despite price rise
Actual construction that started in the first three quarters is less than half of the 25,500 units built in 2016
October 27, 2017
South China Morning Post Excerpt

Fewer private flats were being built in Hong Kong in the third quarter of this year, even as the government expects the annual development of new units to be maintained at more than 20,000 for 2017, according to the latest government data.

Actual construction of the number of private flats – commencement of construction work in residential developments – plunged nearly 87 per cent from 6,000 units in the previous quarter to 800 units in the three months ended September 30, quarterly data from the Transport and Housing Bureau released on Friday showed.

Actual construction in the first three quarters totalled 9,300 units, which is less than half of the 25,500 units for all of 2016, when construction reached its peak since 2007.

The decline in new construction comes after Hong Kong home prices rose 10.3 per cent in the first eight months of this year, according to the latest data provided by the Rating and Valuation Department.

Despite the short-term decline in the number, the government has projected that Hong Kong’s supply of new private flats would reach 97,000 over the next three to four years. The latest revised estimation was still 1,000 units short of the 98,000 projection made in the second quarter.
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Old October 27th, 2017, 06:08 PM   #2198
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Oct 27, 2017
New school building in Tuen Mun wins HKIA best design award
Hong Kong Economic Journal Excerpt


The eight-storey school building of Chu Hai College of Higher Education, designed by architect Rocco Yim (inset) and his team, is able to meet all the requirements of the school despite the limited space available. Photos: HKIA/HKEJ

Chu Hai College of Higher Education’s new school building in Tuen Mun has been adjudged this year’s best architectural design in Hong Kong, beating the other 62 entries.

The Hong Kong Institute of Architects (HKIA) conferred the Medal of the Year of Hong Kong to the new campus development in Castle Peak Bay during the group’s annual awards ceremony on Thursday, the Hong Kong Economic Journal reports.

According to the HKIA, the building stands out in the competition because it is able to meet all the requirements of the school despite the limited space, adding that it imbues the campus with a tranquil atmosphere.

Designed by Rocco Design Architects Limited, the eight-story school building with a floor area of 285,000 square feet covers an area of 172,000 sq ft. It cost HK$1.088 billion.

Architect Rocco Yim Sen-kee, the firm’s executive director, led the design team for the building.

More : http://www.ejinsight.com/20171027-ne...-design-award/
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Old October 29th, 2017, 05:12 PM   #2199
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South China Morning Post Excerpt
Redevelopment of Mariners’ Club in Tsim Sha Tsui draws strong response from developers
April 4, 2017

The proposed redevelopment of the 50-year-old Mariners’ Club in Tsim Sha Tsui has generated enthusiastic initial response from developers ahead of the official tender, the club’s operator said.

The Sailors’ Home and Missions to Seamen, which operates the club, is to redevelop the site through a partnership with private developers.
“We have received a good response when we invited developers to submit expressions of interest last week,” the mission’s honorary secretary Colin Shaftesley said.

He said the developer would bear full responsibility for demolishing the building and redeveloping the site into a hotel.

“We will be given a club premises in the newly developed hotel in future,” he said.

The project has drawn interest from developers such as Lai Sun Development, Regal Hotels International, Far East Consortium International, Empire Group Holdings, Sino Land and Henderson Land Development.

Located at 11 Middle Road, the 33-storey building, which could yield a potential gross floor area of 346,800 square feet, is valued at HK$5.2 billion, or HK$15,000 per square foot. The mission will retain 50,000 sq ft for the club and a church while the remaining 300,000 sq ft will be allocated for hotel purposes.
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Old October 30th, 2017, 03:17 PM   #2200
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Oct. 30, 2017
Hong Kong Economic Journal Excerpt
Protesters oppose Union Church redevelopment plan


Sanctuary and Bell Tower of Union Church Hong Kong 香港佑寧堂 by asianfiercetiger, on Flickr

Members of the Union Church Hong Kong staged a protest at the church compound in Mid-Levels to oppose a redevelopment project that will turn the 68-year-old complex into a 22-storey residential building, hk01.com reports.

The redevelopment project, which will be handled by Henderson Land Development, will provide 45 flats while the lower five floors will be allocated to the church.

The Union Church had applied for redevelopment project back in the 1990s and the proposal was approved by the government in 1997.

The building’s sanctuary and clock tower were designated Grade III historic buildings earlier this month.

Under the agreement between the church and Henderson Land, the rights to the building, including at least 19 flats, will be under the Union Church and all development costs will be borne by the developer.

It is understood that the Union Church complex on Kennedy Road has started to undergo dismantling and renovation work since last week.

The Central and Western Concern Group cited an open letter from church members who pointed out that the church has not opened a tender for the project nor consulted experts to prove that the church is beyond repair.
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