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Old August 14th, 2009, 11:03 AM   #1081
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Ping'An.
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Old August 19th, 2009, 05:54 PM   #1082
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Kerry offers luxury Shanghai flats to HK buyers
19 August 2009
SCMP

Kerry Properties is to release a block at phase two of its Central Residences luxury project in Shanghai's high-end residential district, at more than 80,000 yuan (HK$90,704) per square metre to Hong Kong buyers this week.

Chu Ip-pui, an executive director of Kerry Real Estate Agency, said 10 units in the completed block 2 at Hua Shan Road were sold to buyers at between 81,000 and 87,000 yuan per square metre when it was launched in Shanghai on Friday last week.

"We now plan to offer five units in Hong Kong later this week," Mr Chu said.

The units at block two on offer in Hong Kong are between the 17th and 20th floors of the residential block, which is one of three blocks in the development and comprises 60 four-bedroom units ranging in size from 230 to 240 sq metres. The block also has two simplex apartments each measuring 500 sqmetres.

Mr Chu expects the firm to generate revenues of about 1.5 billion yuan if all 60 units in the block were sold considering each unit may cost up to 20 million yuan.

The developer has lined up banks in Hong Kong to provide mortgage loans in Hong Kong dollars and buyers may borrow up to 70 per cent of a flat's value at a fixed exchange rate to the yuan.

Units in Blocks 1 and 3 which Kerry planned to hold for leasing are currently rented at between 170 and 200 yuan per square metre per month, providing an annual investment yield of 2.5 per cent.

Mr Chu said he was upbeat about the outlook for the mainland property market and confident that the mainland government would not introduce tough measures to dampen the real estate industry.

Early this month, the central government reaffirmed its decision to maintain its "appropriately loose" monetary policy stance and expansionary fiscal policy, and while some mainland banks had tightened their mortgage lending to buyers of second homes this had had little impact on the luxury housing sector, he said.

Mr Chu cited as an example progress with sales of its 71 per cent owned luxury residential Gemini Grove project in Beijing where about 60 per cent of buyers had chosen cash payments.

Kerry Properties had sold 200 of the 317 units in Gemini Grove at an average price of 40,000 yuan per square metre, he said.

A number of units achieved prices as high as 60,000 yuan per square metre.

The company has generated 700 million yuan from sales at Gemini Grove so far.

Kerry Properties is part of the Kerry Group, the largest shareholder in the SCMP Group, publisher of the South China Morning Post.
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Old August 19th, 2009, 10:01 PM   #1083
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Shiji Dadao/Century Avenue is booming. Pic posted by moyan808.


Dongfang Finance Plaza, 99.9m, 23 floors:


Century Metropolis, 200m and 83m. No pics of the final design I think. It's being designed by SOM.

Ka Shui International Plaza, 24 floors


Grand Center, 168m (others say 170m), 40 floors. By SOM
image hosted on flickr


No pics of the 宏嘉 tower, 107m, 25 floors.
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Old August 20th, 2009, 03:11 PM   #1084
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Grand Center, by S19900318
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Old August 20th, 2009, 04:36 PM   #1085
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Heres a little picture I took of Huamin while walking around yesterday. The air quality isnt that good, I wanted to go photo shooting today, but its wayyy to hot.

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Old August 20th, 2009, 04:39 PM   #1086
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Quote:
Originally Posted by z0rg View Post
Shiji Dadao/Century Avenue is booming. Pic posted by moyan808.
low rises below 100m should not be allowed along Shiji Dadao. what the heck some psycho builds something 99.95m? height limit? why not 100.0001m???
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Old August 20th, 2009, 04:57 PM   #1087
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Haha, 99,95m is an extremely weird height.
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Old August 20th, 2009, 05:04 PM   #1088
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Building towers less than 5m below 100m, 200m, 300m etc should be banned Totally annoying.

I wonder where are they building new 200m+ clusters once Jing'an and Lujiazui are full. I hope they don't make a new CBD around the Expo area, too far away from the city center.
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Old August 20th, 2009, 10:28 PM   #1089
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There is plenty of land in Pudong. Jingan also has land, I would not be the least bit surprised if they tore more buildings down.
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Old August 21st, 2009, 10:28 AM   #1090
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99.95m, orz that is precision to 1 centimetre, i doubt they can build it that accurately
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Old August 21st, 2009, 03:04 PM   #1091
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Pudong looks so pedestrian hostile.

Is the area dead at night?
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Old August 21st, 2009, 03:35 PM   #1092
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Nowhere is pedestrian-hostile if a lot of people live there and actually do their living in the area.
I used to live just off of century ave and there was always a lot going on. At a couple of crossroads they would play a weird cross between Chinese classical and '50s rock'n roll (I'm sure this is a huge genre in China) and there would be a crowd of several hundred couples dancing. This would happen a couple of nights a week. On other nights there would be sundry gatherings doing who-knows-what.
In the mornings there were classes/clubs doing drumming, marching, flag waving, tai chi, yoga and various other things.
Far more communal life than I've seen in any other city.
Further up into lujiazui (beyond pudong nan-lu) was a bit more barren, especially after the rolex salesmen and the dodgy kebab guys had gone home.
The back-streets were busy ~7am til ~2am.
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Old August 21st, 2009, 05:24 PM   #1093
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Quote:
Originally Posted by city_thing View Post
Pudong looks so pedestrian hostile.

Is the area dead at night?
Currently it is not exactly pedestrian friendly no.
I took some pictures in Shanghai a few days ago.

As you can see, parts of the road can flood after heavy rain. (it was very funny to slide your way along the fence on the left side haha)


However this is only temporary. They are working on a flyover for pedestrians as you can see here in the middle of this picture. About 1/3 of the circle is already done. It looked very good btw from ground level.



It's a big shame the skyline is completely blocked from the bund by a big fence of 2 meters high. They are changing the whole boulevard for the Expo.
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Last edited by Atmosphere; August 21st, 2009 at 05:29 PM.
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Old August 21st, 2009, 10:12 PM   #1094
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Oh my God, I when I worked in Jin Mao, I had to walk that in a suit. I was pissed, one of the most famous towers, and this is how i have to get there.
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Old August 22nd, 2009, 01:12 PM   #1095
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I know it's not the favorite tower here but updates are updates.
By me ( and now that I've seen it in person I agree that it is the ugliest building in Pudong)



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Old August 23rd, 2009, 01:13 PM   #1096
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thanks for the update atmosphere

did you go to superbrand mall?
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Old August 23rd, 2009, 01:45 PM   #1097
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nice updates! i thought itll fit on the skyline at first, but now it looks horrible with the columns and the big dome lol. but all the buildings in shanghai are awesome, 2nd best asian skyline
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Old August 23rd, 2009, 02:28 PM   #1098
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Well it's Shanghai, in a few years they will build something in front of it to block it.

Superbrand mall is really nice! The outside won't win an award anytime soon, but the inside is really cool.
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Old August 23rd, 2009, 03:16 PM   #1099
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Quote:
Originally Posted by kix111 View Post
thanks for the update atmosphere

did you go to superbrand mall?
My girlfriend went to every clothing shop in the super brand mall, so yes I did got the time to see the building

Indeed very impressive from the inside. Here in Holland we only got a few small malls so we were stunned by the size of this mall. I even took a few pictures:

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Old August 28th, 2009, 09:38 PM   #1100
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New 250m, 57 floors announced. No renders.


  目前“静安区60号街坊地块建设项目”工作已经启动,根据国家环保总局2006年2月14日,环发2006【28号】文要求,向公众公告下列信息:

  一、 建设项目概要
  静安区60号街坊地块北临新闸路,南临山海关路,东靠大田路,西至慈溪路,占地面积17940 m2,属于石门二路区域一期开发用地。拟由静安土地管理中心与上海地产集团有限公司联合投资建设一栋大型现代化办公商务综合楼:主楼地上57层,低区部分为办公楼区域,中区部分为酒店式公寓区域,高区部分为酒店区域,建筑限高250m;裙房3层,建筑高度约为16.5 m,布置商业及餐饮区域;地下共4层,地下1、2层为商业及设备用房,地下3、4层为停车库。总建筑面积:194249m2,其中地上部分:150311m²,地下部分:43938 m²。本项目需拆迁居民房屋942户,拆迁房屋建筑面积31708 m²。拆迁补偿工作由静安区土地管理中心委托上海静安地产集团房屋拆迁有限公司组织进行。目前拆迁工作已基本进行完毕。按照最新“分类管理名录”,本项目需编制环境影响评价报告书。
  本项目具体位置见下图:



http://www.envir.gov.cn/info/2009/20098271763.htm

Isn't it close to Albany project? Hope it is not the same building.
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