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Old May 31st, 2015, 07:05 PM   #1881
hkskyline
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Final cost of border post not certain
23 May 2015
South China Morning Post Excerpt



Government ‘confident’ it will not need more than the extra HK$17.5 billion it is seeking for crossing to Shenzhen, but offers no guarantee

A senior official of the Development Bureau has told lawmakers it is “quite confident” the extra HK$17.5 billion it is seeking for the over-budget seventh border crossing to Shenzhen will be the last, although he cannot guarantee that for sure because of uncertainties.

The government needs an extra HK$8.7 billion for the Liantang-Heung Yuen Wai crossing in the northeastern New Territories after the works, which began in 2013, busted the HK$24.5 billion it was allocated.

It is also seeking a separate HK$8.8 billion for the first time to build a passenger terminal and other facilities.

Both funding requests were put to the Legislative Council’s Finance Committee yesterday, despite Legco’s public works subcommittee having voted them down early this year.

Legislators asked why the budget had risen significantly just 18 months after Legco’s development panel discussed it.

Permanent secretary for development Hon Chi-keung admitted officials failed to “feel the pulse” of the market when they estimated the project costs.

Poor ground conditions for tunnelling work also contributed to the inflated price, Hon said.
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Old May 31st, 2015, 08:15 PM   #1882
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Would be nice to see some real projects in this thread again.
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Old May 31st, 2015, 11:12 PM   #1883
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Too much articles and few real projects ...
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Old June 1st, 2015, 10:49 AM   #1884
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I challenge both of you to contribute to this thread and also to reread what I have posted if you think new residential towers and a new border crossing are not considered construction projects.
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Old June 2nd, 2015, 02:51 PM   #1885
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"Final cost of border post not certain" isn't really "project news" to my understanding. I appreciate your postings hksykline, but I guess the lack of renderings/visualisations and actual construction updates (with too much emphasize on "general" news) in your posts is the main issue. For that reason, the attention of readers and contributors might be rather low here.

I sincerely don't know about relevant HK projects, that's why I check this thread (only to discover hardly any real projects updates?! at least it looks like that). Such posts should occur more often probably, with an actual render/model and a project construction update.
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Old June 3rd, 2015, 05:43 AM   #1886
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Quote:
Originally Posted by erbse View Post
"Final cost of border post not certain" isn't really "project news" to my understanding. I appreciate your postings hksykline, but I guess the lack of renderings/visualisations and actual construction updates (with too much emphasize on "general" news) in your posts is the main issue. For that reason, the attention of readers and contributors might be rather low here.

I sincerely don't know about relevant HK projects, that's why I check this thread (only to discover hardly any real projects updates?! at least it looks like that). Such posts should occur more often probably, with an actual render/model and a project construction update.
I don't think a project needs to have an exact price tag attached or even a rendering to qualify as a project. Construction cost overruns are not unusual and the developer is not obliged to release a rendering, as we see in a waterfront skyscraper going up now that will drastically change the Kowloon skyline but we have no idea what it would look like. It is now over 10 stories tall but lack of a rendering does not make it no longer a "project" anymore.

If you carefully read the content of the border crossing project, you will quickly realize construction has already begun (works began in 2013) and the project went back to the government for additional funding after cost overruns. I don't see why you think this is not a project when it has been previously approved and the shovels are already in the ground.

We don't enjoy the luxury of having detailed information for every plot or proposal here. I don't think any place in the world has this perfect sphere of information available. We have to make the best of what we've got.
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Old June 3rd, 2015, 11:39 PM   #1887
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Quote:
Originally Posted by hkskyline View Post
We have to make the best of what we've got.
You're certainly right here. It's just that it'd be great to get to see more.
Ah well, if wishes were fishes, we'd have a fry.
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Old June 4th, 2015, 01:18 PM   #1888
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HKskyline, it would be great if you'd divert your sterling efforts to construction updates rather than 1 single project, 1 one-time-only post. I think interest in the Chinese construction forums would skyrocket if you did. Otherwise people stop looking.
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Old June 4th, 2015, 03:49 PM   #1889
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Quote:
Originally Posted by hkskyline View Post
Shanghai Commercial Bank, Central
3/9


Shanghai Commercial Bank Tower
28/F, T/O - 6/4
http://www.shacombank.com.hk/pdf/PRL450E.pdf





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Old June 7th, 2015, 06:10 PM   #1890
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I love that wave design
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Old June 10th, 2015, 05:06 PM   #1891
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Shanghai Commercial Bank Tower
6/8



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Old June 15th, 2015, 11:46 AM   #1892
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Quote:
Originally Posted by hkskyline View Post
Upper West 奧城.西岸
5/1

Notice the green scaffolding with crane in the middle of the photo.

By tungwongxxx from dcfever :

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Old June 21st, 2015, 05:25 PM   #1893
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Upper West 奧城.西岸
5/31













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Old June 23rd, 2015, 01:04 AM   #1894
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hello to everybody
please why are the constructions of skyscrapers in Hong Kong stopped since 2011 or 2012 ?
there's now no tall skyscrapers projects in this city ?
why ?
where are the 1000 or 1500 feets skyscrapers projects ?
HK has always in the past built tall buildings !!!
and now nothing ! why ?
political decision ? HK has skyscrapers enough ?
shenzhen or shanghai have to beat HK in the number of skyscrapers ?
do you have the answer ?
thanks !
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Old June 26th, 2015, 09:00 AM   #1895
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One Bay East
6/20



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Old July 5th, 2015, 08:12 PM   #1896
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Sino cashes in on cheap land
The Standard Excerpt
Friday, July 03, 2015



Sino Land (0083) stands to pocket fat margins amid a boisterous luxury housing market as it prepares to launch a deluxe Mid-Levels West project within this quarter.

Called The Fairmont, the development on Conduit Road features 27 three- or four-bedroom apartments measuring 1,200 to 2,300 saleable square feet.

There are also a handful of special units.

Sino's associate sales director Victor Tin Siu-yuen said the firm has secured occupation permits for the project and a third-quarter sale can be expected.

The Fairmont occupies a site the developer acquired a decade ago from gaming tycoon Fo Lo-yung's family for an estimated HK$250 million, or HK$3,788 per buildable square foot.

Tin refused to hint at the project's pricing but Arezzo, a same-district development by Swire Properties (1972), has been selling for between HK$22,000 and HK$35,000 pssf. The highest price at 39 Conduit Road by Henderson Land (0012) hit a whopping HK$93,000 pssf. The Fairmont was unveiled after big- ticket deals lifted the value of new home registrations in June by 65 percent month-on-month, with a volume that was 47 percent higher.
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Old July 19th, 2015, 07:29 AM   #1897
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Heya Crystal looks too high
The Standard Excerpt
Friday, July 17, 2015



The first batch of 100 units at Hong Kong Housing Society's Heya Crystal, a Cheung Sha Wan project, stands to generate another all-out round of sales with prices undercutting the private market. Less sure is how many of them will go to first-time buyers that it sets out to help.

Prices vary from HK$5.61 million to HK$9.75 million. That amounts to HK$11,263 to HK$15,365 per sellable square foot, averaging HK$12,412 pssf after a steep 10 percent discount.

"It can't get any cheaper when you need to shell out at least HK$6 million to move into a private flat," said a Mr Tang, who is renting a subdivided flat in Sham Shui Po for HK$9,000 a month. Tang hopes, with luck, to pick one of the two-bedroom units, which make up 80 percent of the 350 flats in total.

Midland Realty's residential chief Sammy Po Siu-ming said the Heya Crystal homes are priced attractively, as an owner of a flat at a 40-year-old building in the district can now ask up to HK$14,000 pssf.

Heya Delight released in November came at a post- discount average of HK$11,706 pssf, and Heya Star was rolled out the following month at HK$12,312 pssf. Both were cleared within a day.

Centaline Property's Louis Chan Wing-kit said about 60 percent of Heya Crystal's would-be buyers are those who have missed out on the society's previous Heya-series schemes, which were 10-15 times oversubscribed.
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Old July 19th, 2015, 05:09 PM   #1898
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Quote:
Originally Posted by hkskyline View Post
Upper West 奧城.西岸
5/31

6/20



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Old July 19th, 2015, 06:03 PM   #1899
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Upper west looks very imposing from this perspective , what's it's exact height ?
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Old July 20th, 2015, 02:52 PM   #1900
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Quote:
Originally Posted by skanny View Post
Upper west looks very imposing from this perspective , what's it's exact height ?
I cannot find the sales brochure for this project on their website. It is almost 50 storeys tall (before taking away the 4's). Expecting 3-4m per floor, it should come in at approx. 150-200m.
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