Located in the South East of Chengdu within the Third Ring Road, the immediate surrounding area of the integrated development, known as the Intercity Travel Business City, has been designated as Chengdu's new Central Business District ("CBD"). The prime location is approximately 10 km from Chengdu's existing CBD and approximately 25 km from Chengdu Shuangliu International Airport. The integrated development is also well-served by the operational Subway Line 2 and the upcoming Subway Line 7 via the Chengdu East HSR Station.
Chengdu East HSR Integrated Development Plot D is expected to comprise a retail podium, office towers, apartment blocks and other amenities.
With its distinctive design, prime location and excellent connectivity, the Chengdu East HSR Integrated Development is well-poised to become a regional commercial hub to serve a sizeable population in Chengdu and its neighbouring cities.
Effective Interest | 50.00% | |||
Address | Plot D, East of Qionglaishan Road, Chenghua District, Chengdu, Sichuan Province | |||
Description1 | Retail podium: 4 retail levels (3 above ground and 1 basement level (B1)) Office and Apartments: 10 towers (ten 35-storey office/apartment towers) Carpark: 3 basement levels (B2, B3, B4) |
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Tenure | Commercial: 40 years, expiring on 20 February 2051 | |||
Expected Completion of Development | 2016 | |||
Land Area (sq ft) |
599,361 | |||
Gross Floor Area2 (sq ft) |
Retail: 1,220,000 Office: 2,510,000 Apartments: 580,000 Carpark/Others: 1,200,000 Total: 5,510,000 |
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Independent Valuer | Colliers International (Hong Kong) Limited |
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100.00% interest | 50.00% interest | |||
Independent Valuation as at 31 March 20143 |
RMB1,349.0M S$278.5M |
RMB674.5M S$139.3M |
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Agreed Property Price | S$208.8M | S$104.4M | ||
Gross Development Value3 | RMB5,909.0M S$1,220.1M |
RMB2,954.5M S$610.1M |