daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > General Urban Developments > DN Archives



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old September 1st, 2005, 02:41 PM   #1
MILIUX
skyscraper connoisseur
 
MILIUX's Avatar
 
Join Date: Sep 2002
Location: Sydney
Posts: 6,155
Likes (Received): 331

Guangzhou - twin towers will be tallest in China

Firms eye tall, if not tallest, building in China
442 words
1 September 2005
19:44
Reuters News
English
(c) 2005 Reuters Limited

HONG KONG, Sept 1 (Reuters) - Hong Kong and mainland Chinese developers are bidding to build what is touted as China's tallest building, but the planned twin-towers will probably have to settle for the mantle of the highest in the city of Guangzhou.

The office and hotel complex project up for tender is designed to soar 10 metres higher than Shanghai's 420m-high (1,378ft) Jinmao Tower, China's current tallest building.

But it will take three to four years to build, possibly allowing the 492m Shanghai World Financial Centre building to sneak in first with a scheduled 2008 completion.

Chinese developer Guangzhou R&F Properties Co. Ltd. said on Thursday it was interested in bidding for the Guangzhou project, which will house offices, shops and a hotel.

Hong Kong developers Sun Hung Kai Properties and New World Development Co. Ltd. and a unit of local government-backed Guangzhou Investment Co. Ltd. have submitted bids, according to Hong Kong newspaper Wen Wei Po.

The complex, with a maximum total gross floor area of 300,000 sq m, would cost up to 3.6 billion yuan ($445 million) to build, Guangzhou R&F Chairman Li Sze Lim said.

"We just got the tender documents yesterday," Li told a news conference in Hong Kong. "It's relatively complicated and will need three or four years to build".

Shanghai's World Financial Centre, a steel and glass edifice with a gaping hole near its top built by Japan's Mori Building Co., is also bidding to be the world's tallest building. Mori executives dismiss the already finished Taipei 101 because its 508 metres includes a 60-metre spire.

But both will be surpassed by the 800 metre rocket-like Burj Dubai tower, which a consortium led by South Korea's Samsung Corp hopes to complete in 2008.

Guangzhou R&F raised 2.3 billion yuan from its Hong Kong initial public offering in July and is also trying to build up a land bank for residential development in mainland China.

The company is in talks to invest in five or six residential property projects with total investment of more than 1 billion yuan, Li said.

The Guangzhou based developer posted a net profit of 647 million yuan in the first half of 2005, up 673 percent on the previous year. Its shares have risen about 37 percent from its IPO price to HK$14.85 at Thursday's market close. (US$1=8.095 yuan)

PROPERTY-CHINA-TALL|LANGEN|ABN|E|RBN|Z|ABX|RNP|DNP|PCO
__________________
“Change is the law of life. And those who look only to the past or the present are certain to miss the future.” - John F Kennedy
MILIUX no está en línea   Reply With Quote

Sponsored Links
Old September 1st, 2005, 02:54 PM   #2
malec
Rrrraaaaaahhhhhhh!!!!!!!
 
malec's Avatar
 
Join Date: Apr 2005
Location: Cork
Posts: 9,598
Likes (Received): 125

There's already a thread on these.
malec no está en línea   Reply With Quote
Old September 2nd, 2005, 06:07 AM   #3
Skoulikimou
Brief State of Euphoria
 
Skoulikimou's Avatar
 
Join Date: Aug 2004
Location: Kuwait City
Posts: 4,016
Likes (Received): 19

Where ?
__________________
The whole problem with the world is that fools and fanatics are always so certain of themselves
but wiser people so full of doubts.
.

Bertrand Russell (1872 - 1970)
Skoulikimou no está en línea   Reply With Quote
Old September 2nd, 2005, 06:10 AM   #4
crazyevildude
Registered User
 
Join Date: Aug 2005
Location: Cardiff
Posts: 1,145
Likes (Received): 158

http://www.skyscrapercity.com/showth...=249734&page=1

^ There you go .
crazyevildude está en línea ahora   Reply With Quote
Old September 2nd, 2005, 06:12 AM   #5
Skoulikimou
Brief State of Euphoria
 
Skoulikimou's Avatar
 
Join Date: Aug 2004
Location: Kuwait City
Posts: 4,016
Likes (Received): 19

Quote:
Originally Posted by crazyevildude
cheers
__________________
The whole problem with the world is that fools and fanatics are always so certain of themselves
but wiser people so full of doubts.
.

Bertrand Russell (1872 - 1970)
Skoulikimou no está en línea   Reply With Quote
Old September 2nd, 2005, 06:23 AM   #6
Avatar
Galactic Ruler
 
Avatar's Avatar
 
Join Date: Sep 2002
Location: Sydney
Posts: 6,697
Likes (Received): 507

Oh my. awesome news.
Avatar no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 12:13 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu