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Old November 13th, 2007, 05:32 PM   #1
hkskyline
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HONG KONG | Landmark East | 42 fl | 40 fl | Com

102 How Ming Street, Kwun Tong
GFA - 1,202,623 square feet
458 Private Car Parking Spaces
47 Heavy Goods Vehicle Parking Spaces
25 Motorcycle Parking Spaces
Scheduled Completion June 2008

http://www.winsorprop.com/composite/...20LaSalle).pdf

March 2007





May 2007









July 2007







October 2007







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Old November 13th, 2007, 08:29 PM   #2
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Kwun Tong is booming! Soon the Yue Man Square redevelopment will come, and until then there are already a number of scrapers being built.

As I frequent the Kwun Tong area when I stay in HK, I'm particularly excited to see all these new projects there.
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Old November 13th, 2007, 08:30 PM   #3
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Wow Kwun Tong is BOOMING! Glad to see another high-profile redevlopment project in the area. Towers looks promising!
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Old November 13th, 2007, 08:33 PM   #4
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Nice to see some of the dreary industrial surroundings being brightened up by these new towers. Looks like a very high percentage of glass, which will be great for the area.
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Old November 13th, 2007, 08:41 PM   #5
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Facade looks awesome so far
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Old November 14th, 2007, 04:51 PM   #6
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11/11



























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Old November 14th, 2007, 05:24 PM   #7
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One of the tower will reach 183mPD, even taller than APM.
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Old November 15th, 2007, 03:50 PM   #8
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There is another decent sized building going up in Kowloon Bay next to Megabox/Espirit buildings - anyone know what that is?
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Old November 15th, 2007, 05:22 PM   #9
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Quote:
Originally Posted by _00_deathscar View Post
There is another decent sized building going up in Kowloon Bay next to Megabox/Espirit buildings - anyone know what that is?
There are a few. Are you talking about one of these?










I'm contemplating setting up a Kowloon Bay highrises thread since there is so much going on in that area.
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Old November 15th, 2007, 05:52 PM   #10
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Can't tell from that picture to be honest - if you have a recent picture of Kowloon Bay from HK Island side, its the under construction building just to the right (from our point of view), or just east to the ESPRIT building.
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Old November 15th, 2007, 06:07 PM   #11
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Quote:
Originally Posted by _00_deathscar View Post
Can't tell from that picture to be honest - if you have a recent picture of Kowloon Bay from HK Island side, its the under construction building just to the right (from our point of view), or just east to the ESPRIT building.
In fact, I do have a fresh picture from the water taken last weekend :



Looks like it's Manhattan Place.
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Old November 15th, 2007, 06:19 PM   #12
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Righto - whereabouts is Exchange Place located then?
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Old November 15th, 2007, 07:08 PM   #13
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Quote:
Originally Posted by _00_deathscar View Post
Righto - whereabouts is Exchange Place located then?
Both buildings are about 1-2 blocks from Megabox.
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Old December 24th, 2007, 04:39 AM   #14
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Office hubs sprout outside Central as demand surges
12 December 2007
South China Morning Post

Insufficient high-quality office supply in Central and unrelenting expansionary demand from multinational corporations, especially financial institutions, have sent top office rents in Hong Kong to record highs.

Over HK$165 per square foot (net) per month has already been achieved by prime Central premises, and with the supply-demand imbalance in the area unlikely to be alleviated in the near future, prime rents are not expected to ease anytime soon.

As the end of year approaches and looking at the prospects for next year, it is anticipated that Hong Kong's close economic ties with the mainland will underpin further expansion in the banking, financial and professional service sectors. Coupled with the rising Central Business District (CBD) rents, the next wave of office decentralisation therefore appears inevitable.

The present configuration of Hong Kong's decentralised office hubs first took shape in the late 1980s, when high-end financial service functions became increasingly concentrated in the CBD.

Meanwhile, companies outside the financial sector were gradually forced to relocate their operations to the emerging satellite office centres which were then just taking shape in Island East and later along the Tsuen Wan and Kwun Tong MTR lines in Kowloon.

With the passage of more than 17 years, this configuration has gradually evolved, moving away from having one super-core towards a more multi-nodal matrix. What were formerly satellite areas whose primary draw was providing cost-saving advantages have now gathered critical mass and are destined to become powerful office hubs of quality and sustainability.

This transformation is likely to see the Hong Kong office market continue evolving over the next 10 years, towards five major cores or hubs - Central/Admiralty/Sheung Wan, Tsim Sha Tsui, the West Kowloon area (dominated by the International Commerce Centre or ICC), and the reconfigured Hong Kong East and the massive transformation of Kwun Tong/Kowloon Bay - the latter two having now shed their former industrial character to emerge as vibrant commercial areas in their own right.

Landmark East in Kwun Tong, for example, is a show of confidence not only because of an award-winning design from Arquitectonica, but also for embedding "ahead of its time" environmental and sustainable features within its 1.2 million square foot gross floor space. With an expected Platinum Beam standard, this will be the new mark of excellence for decentralisation and a welcome relief for the financial community.

So what of the future?

ICC atop Kowloon Station, offers one of the highest office specifications in Hong Kong and by the nature of being a new development outside the Central area offers cost-effective office accommodation without compromising on quality. The majority of space available in Phase I is already committed to the likes of Morgan Stanley and Credit Suisse, the former moving its entire operations there next year and the latter by 2011.

Elsewhere in Hong Kong, multinationals have little choice but to decentralise and/or split their operations to meet cost and space demands. In One Island East, for example, DBS reserved the whole of Zone 1 covering more than 300,000 sqft while Aedas, a world-renowned architectural firm, has also committed to more than 50,000 sqft.

The Kowloon office developments, particularly in Kowloon East, are likely to benefit from the lack of new prime supply in core CBD. With the Yue Man Square renewal project in the pipeline, this district stands out for both landlords and tenants, having already received support from the likes of Sun Hung Kai Properties - which has opted to hold on to its new Millennium City 6 for long-term leasing with DBS as one of the major tenants.

The presence of Industrial and Commercial Bank of China, MTR Corp, Dah Sing Life and other big companies has also strengthened the reputation of the district.

Demand for quality office space will continue to be strong because of the city's unique position as a full-service hub for companies wishing to harness the advantages of proximity to the mainland.

Demand is expected to come from overseas and mainland multinational corporations lured by favourable central government policies on investments, the continued expansion of international financial institutions to cater to the surging demand for investment and wealth management services, and the continued listing of mainland enterprises on the Hong Kong stock exchange.

No doubt, net take-up is expected to continue to rise, thus providing a lasting uplift in demand for quality office space. This should keep the Grade A office market buoyant for the foreseeable future.

John Davies is a senior director of CB Richard Ellis' Kowloon office services division
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Old January 8th, 2008, 07:04 PM   #15
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01/01/2008



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Old January 12th, 2008, 08:27 PM   #16
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1/12/2008

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Old February 25th, 2008, 07:17 AM   #17
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Old May 28th, 2008, 04:23 AM   #18
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Old May 28th, 2008, 04:32 AM   #19
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It looks pretty nice and very fast construction. An unconventional shape but interesting. Now it's time for Kwun Tong to build a super tall! 300m+ please!
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Old May 29th, 2008, 02:08 AM   #20
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it looks awesome !!!! east kowloon is getting more n more exciting
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