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Old October 14th, 2008, 12:41 PM   #161
big-dog
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don't know if this has been posted in this thread. Very interesting building near Beijing Xuanwu Men, Bread Toaster!

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Old May 16th, 2009, 03:10 AM   #162
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I like it
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Old May 16th, 2009, 04:07 AM   #163
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Quote:
Originally Posted by the spliff fairy View Post
I like it
same here even i like it
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Old May 16th, 2009, 06:08 AM   #164
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What da..? It's done already. That is fast.
It like one of my birthday cake that cut into five parts.
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Old May 17th, 2009, 06:47 AM   #165
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It's almost donw. The bottom part is also interesting.

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Old May 18th, 2009, 08:00 AM   #166
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I don't know much about that "bread-toaster" building. I hope there is more information about that.
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Old May 18th, 2009, 08:38 AM   #167
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I love when I see renders and the finished building at the same time that's really fast for me... in a couple of seconds
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Old May 18th, 2009, 12:29 PM   #168
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Do you have some night pics! Or the light are not yet operational?
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Old May 20th, 2009, 03:22 PM   #169
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Developer eyes Beijing spree
Hong Kong Standard
Wednesday, May 20, 2009

SOHO China (0410) will buy distressed assets in Beijing and redevelop such buildings in the central business district as part of this year's top-priority growth plan - with replenishing the land bank taking a back seat.

Chairman Pan Shiyi said although increasing the size of the land bank and developing new projects may increase earnings, buying distressed assets generated profits more quickly.

Chief executive Zhang Xin said: "We see uncertainty in 2009 ... this year's top priority is to buy distressed assets such as office buildings and redevelop them - that's SOHO's strength as well."

Moody's analyst Kaven Tsang said China property prices remain under pressure and inventories of unsold properties are still high, so the recent improvement in sales volume may not be sustainable.

Moody's credit officer Peter Choy said relaxing mortgage lending for second-home buyers has spurred demand, even as offshore funding sources remain shut.

SOHO president Yan Yan said its five projects in the Beijing central business district recorded occupancy rates of 90 to 95 percent this year.

Zhang said SOHO China has 7,000 customers, half of whom have at least two transactions with the company. The firm holds a cash position of 10 billion yuan (HK$11.3 billion) and 10 billion yuan credit lines. SOHO China retreated 3.16 percent to HK$4.90 yesterday.
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Old May 31st, 2009, 08:28 AM   #170
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BEIJING PROPERTY SALES PRICES FALL IN APRIL

BEIJING, May 18 Asia Pulse - Beijing's property sales prices edged down one per cent year on year in April, but up 0.4 per cent month on month, according to the Beijing Municipal Bureau of Statistics.

New residential housing sales prices decreased by 0.6 per cent year on year in April, narrowing 0.2 percentage points from March, but increased by 0.4 per cent month on month, marking a two consecutive month growth.

Second-hand housing sales prices fell 2.9 per cent year on year in April, widening 0.2 percentage points over the figure in March.

In the first four months of 2009, Beijing completed a total investment in real estate development totalling 33.82 billion yuan, down 26.5 per cent year on year, compared to 30.2 per cent during the first quarter.

By the end of April, Beijing fostered 638 real estate construction projects, 90 of which were new, respectively decreasing 51 and 28 from the previous year.

The floor space of commercial residential buildings under construction amounted to 74.05 million square meters by April, down 2.1 per cent year on year.

Included were 4.64 million square meters composing new projects, down 41.3 per cent year on year.

However, new projects' floor space expanded 50.4 per cent beyond March to 1.52 million square meters in April.
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Old June 5th, 2009, 02:46 AM   #171
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2nd Apple Store Beijing, due to open this fall at Qianmen Jie:









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Old June 5th, 2009, 03:03 AM   #172
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great, the traditional design should fit in well with the Qianmen district
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Old June 5th, 2009, 03:05 AM   #173
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I also find it amazing Beijing has 638 real estate projects still, post Olympic makeover and mid global downturn, even if it is down from the previous quarter.

"By the end of April, Beijing fostered 638 real estate construction projects, 90 of which were new, respectively decreasing 51 and 28 from the previous year.

The floor space of commercial residential buildings under construction amounted to 74.05 million square meters by April, down 2.1 per cent year on year.

Included were 4.64 million square meters composing new projects, down 41.3 per cent year on year.

However, new projects' floor space expanded 50.4 per cent beyond March to 1.52 million square meters in April."
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Old June 5th, 2009, 07:50 AM   #174
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according to NBC news,the the number of office space for rent in beijing is bigger than manhattan.
possible converting some of the office tower into condo.?
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Old June 5th, 2009, 05:47 PM   #175
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^well they did build the equivalent to 3 Manhattans in the run up to the Olympics. Its a wonder that office to rent is not larger than Manhattan period.
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Old June 11th, 2009, 08:55 AM   #176
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Developers rush to buy land on inflation concerns

BEIJING, June 10 (Xinhua) -- Due to realtor's improved cash flow, loosened credit environment and lesser worries of inflation, China's land transaction hit a new high in May.

Beijing's land sales in May exceeded the total amount sold from January to April, China Daily reported Wednesday.

Data from Beijing land reserve center shows that 28 parcels of land, with a floor space of 1.68 million square meters were sold in May, up 91 per cent from April. Among the 28 parcels, 10 pieces, or 1.01 million square meters, are for residential purpose.

"The big round of property sales in March and April largely eased property developers' cash flow pressure, and the loosening credit environment also encouraged them to increase their land bank," the paper quoted Grant Ji, director of Savills (Beijing), as saying.

A real estate insider believes once the market recovers fully, it would be hard to secure good land in such cities as Beijing and Shanghai. Meanwhile, there are also concerns over inflation.

Prices have been soaring as a result of fast growing land transaction.

Statistics show that the deal price is 59.76 percent higher than the floor price on average. Moreover, the price premium is even above 100 percent for quality land parcels in Beijing.

Pan Shiyi, chairman of China SOHO, said the sharp increase in land transactions and prices indicates the developers' change in confidence and strategy. He also believes that this is the best time for developers to secure and expand land.
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Old June 14th, 2009, 07:46 PM   #177
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Beijing Capital Land Buys Land Plot In Beijing For CNY340 Mln
13 June 2009

HONG KONG (Dow Jones)--Hong Kong-listed mainland developer Beijing Capital Land Ltd. (2868.HK) said Friday it has bought a piece of land in Beijing for CNY340 million.

The land site, acquired via an open auction, spans an area of about 23,000 square meters, the developer said in a statement. The site, located in Beijing's Chaoyang district, is designated for commercial and residential properties development.

"Currently, market competition for land remains intense," Beijing Capital said in the statement. "In order to increase land resources, the group will acquire land through open auction as well as mergers and acquisitions."
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Old June 19th, 2009, 03:51 PM   #178
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guomao area

IS youtube video allowed in this section?
if not, mod just delete this post
Enjoy
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Old June 29th, 2009, 02:20 PM   #179
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BEIJING HOME BUYERS WEIGH AFFORDABILITY, COMMUTE AS CITY SPRAWLS

BEIJING, June 29 Asia Pulse - Qiao Jian, a secretary at a university in downtown Beijing where her husband is also on the support staff, has to rise before 6 a.m. if she wants to get to work on time. Her daily commute adds up to at least three hours.

She is one of 400,000 residents of the Huilongguan apartment community, Beijing's largest affordable apartment complex. It's located in northern Changping District, outside the Fifth Ring Road.

Technically speaking, she lives outside the central city, since that ring road is considered to be the "outer limits" of the urban area.

Qiao and her husband, both Beijingers, bought a three-bedroom affordable apartment six years ago for 1,060 yuan (US$155) per square meter, less than half of the price of commercial housing at the time in that area.

"This type of apartment was affordable for us, and we can have extra rooms for my son and guests. But we have to commute a long way," she told Xinhua. After the long trip home from work, her first desire was to lie on the sofa, she said.

Many similar urban families in China have bought bigger and cheaper homes, as the country completed more than 60 million sq m of affordable apartments last year and helped 2.53 million low- and medium-income urban families solve their housing problems from 2005 to 2008, Qi Ji, vice minister of Housing and Urban-Rural Development, told reporters in March at the Second Session of the 11th National People's Congress.

Like many other Chinese cities, Beijing has seen commercial home price hikes in recent years. Second-hand home prices have exceeded 18,000 yuan per sq m, on average, in Qiao's university area. Buying just 3 sq m of apartment space near her job would take her entire current annual income, but an affordable home in Huilongguan, even now, would be only about half of the downtown price.

Qiao takes Subway Line 13, transfers to Line 2, and then changes to a bus to get to her university outside the western Second Ring Road.

TRANSPORT EXPANSION LAGS DEMAND

"We don't want to sit in our car in a traffic jam, as the traffic from our community headed downtown is usually heavy during peak hours, so we normally avoid driving. We need to get on the subway at about 6:30, before it becomes unbearably crowded, to get to our offices before 8 a.m.," she said.

Although the municipal government spent more than 19.8 billion yuan in the first five months of this year, up 28.7 per cent from a year earlier, on transportation, including roads and subways, the rush hour commute is still tough. There are more than 3.5 million cars in Beijing, and another 1,200 go on the road every day.

"My husband and I like to stay at work for an hour or so after quitting time before setting out for the subway, to avoid the crowds. You can get squeezed like a photo stuck in a photo album," she said.

"When we first moved to the area, there were no supermarkets nearby, so we had to get on the subway home in the evening with shopping bags full of food and daily necessities in both hands," Qiao said. But more retailers like Carrefour have appeared around the neighborhood in the past two years.

Residents in the neighborhood would also benefit from a branch of a big public hospital, the renowned Beijing Ji Shui Tan Hospital, which is set to open at the end of the year. The new hospital is to have 500 beds and receive 1,500 patients daily.

PART OF THE BIG PICTURE

Qiao and her community are just a small part of the big picture. Of the 100 billion yuan added to the central budget in the fourth quarter last year, 7.5 billion yuan was appropriated for low-rent and affordable apartments across the country.

The government said last month that 300 billion yuan had been allotted for the 4-trillion-yuan stimulus package announced last November, of which 37.5 billion yuan would go to low-rent and affordable homes, including the 7.5 billion yuan allocated in the fourth quarter.

"I know that we can not get everything at one stroke, but I believe my community will become better and more convenient to live in," Qiao said.

NORTH-SOUTH DIVIDE

Any observant subway commuter in Beijing would notice that after 7 p.m., Line 5 headed north was still packed, while that line going south was much less crowded.

The 27.6-km Line 5 runs from the northern Tiantongyuan station, another major affordable apartment complex outside the northern Fifth Ring Road, to southern Songjiazhuang, a station outside the southern Third Ring Road.

Qin Rui, a senior analyst with Beijing-based 5i5j Real Estate Service Co., told Xinhua Thursday that Beijingers preferred apartments in the northern part of the city, partly because of a traditional belief that the air and water were better in the north.

This belief dates back centuries: the world-famous Summer Palace, used by imperial families, is in northern Beijing.

"However, in recent years, people's beliefs have begun to change as more housing projects appeared in the southern part of the city and prices were lower compared with other areas. There would be new home projects including some affordable home projects in the coming years in southern Beijing that would attract many potential home buyers," Qin added.

ATTITUDES CHANGE WITH COSTS

Figures from 5i5j showed that among the 10 parcels of land for building affordable homes sold to developers in Beijing last year, four were in the southern Fengtai and Daxing districts, showing the city's efforts to boost less developed areas.

No city-level average data for land prices in the south and north are available, but figures from 5i5j indicate that land in the north is more expensive.

Three parcels of land designated for building affordable homes in Daxing last year fell into the range of 2,119 yuan to 2,449 yuan per sq m, while four sites in northern Changping fell into the range of 2,794 yuan to 4,899 yuan per sq m.

Prices of second-hand homes are now about 9,000 yuan per sq m near Tiantongyuan. A similar residence would cost 11,000 yuan per sq m near Songjiazhuang, while the price in Daxing outside the southern Fifth Ring Road was about 7,500 yuan per sq m, on average, said Qin.

Average prices for second-hand homes in the more developed northern Third Ring Road area exceed 17,000 yuan per sq m.

It would take time for hospitals, schools, banks and other facilities to develop near the new home projects in the southern city and catch up with other districts of the city. But the development of the city's southern half was speeding up, he added.

Many Beijingers will have to compromise on facilities and convenience, like Qiao did, to afford a home of their own. A report released earlier this month by the People's Bank of China, the central bank, discussed a survey of 50 cities nationwide, including Beijing.

The survey found that more than 60 per cent of respondents considered current home prices "too high" and expressed the intention of getting affordable homes.

Qiao has been worried about how to help her 20-something son, Fanfan, set up a home in the coming years, given high urban prices.

However, Fanfan, born and bred in Beijing, did not rule out the possibility of buying a relatively cheap apartment in the southern part of the city. His main concern was easy access to subways for going to work and socializing.

Fanfan would likely take heart from the city's massive subway expansion plans that will improve service in the south. The 28.2-km Subway Line 4 is scheduled to go into operation in September, linking Fengtai, southwestern Xuanwu, western Xicheng and northern Haidian districts.

A 21.8-km subway line connecting Daxing with Subway Line 4 is set to go into service at the end of next year.

So Fanfan will be able to skip the bus and take subways to visit his parents, if he buys an apartment in Fengtai or Daxing in the future.
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Old July 1st, 2009, 08:21 AM   #180
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I'm guessing this will not be reported in any Western media.

http://news.xinhuanet.com/english/20...t_11629871.htm
Quote:
Beijing records best air quality in nine years

www.chinaview.cn 2009-06-30 23:52:30

BEIJING, June 30 (Xinhua) -- Beijing saw 146 "blue sky days" during the first half of the year, which means the city's residents breathed in the least amount of pollutant in nine years, an environment official said Tuesday.

The blue sky days so far this year was 23 days more than the corresponding period last year and 47 days than the average level in recent years, said Du Shaozhong, deputy chief of Beijing municipal environmental protection bureau.

In June, Beijing saw 25 days, or 83.3 percent of the total, with blue skies, which was the best among the corresponding months since 2000.

Air quality in January, March, April, May and June this year are all better than corresponding months in the last decade, Du said.

Beijing has a five-grade classification of air quality: a reading below 50 is "excellent;" from 51 to 100 "fairly good;" 101to 200 "slightly polluted;" 201 to 300 "poor;" and more than 301 "hazardous." Days with excellent or fairly good air quality are counted as blue sky days.

Environmental protection experts attributed the improvement of air quality to the reduced emission of pollutants and the after effect of measures taken during the Beijing 2008 Olympic Games.

The amount of pollutants related to vehicle emissions has not grown so far this year although the city has registered 200,000 more vehicles, because 55,000 heavy polluting vehicles were phased out.

Sandstorms during spring decreased from last year's 11 to this year's 6, which also benefited Beijing's blue sky drive.
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