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Chengdu East High Speed Railway Integrated Development Plot D

Chengdu East High-Speed Railway ("HSR") Integrated Development Plot D is part of the Chengdu East HSR Integrated Development, a large-scale mixed-use project comprising three prime plots strategically sited adjacent and connected to the operational Chengdu East HSR Station. Chengdu East HSR Station is one of the largest HSR integrated transportation hubs in the People's Republic of China ("PRC") with inter-city railway, intra-city subway, long and short distance bus terminals and taxi services.

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.

Property Information

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)
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
Independent Valuer Colliers International
(Hong Kong) Limited
  100.00% interest 50.00% interest
Independent Valuation as at
31 March 20143
RMB1,349.0M

S$278.5M
RMB674.5M

S$139.3M
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
Notes:
  1. As all designs are undergoing refinement, the above details are subject to change.
  2. Based on current plans and subject to the relevant authorities' approval of the plans.
  3. Valuation and Gross Development Value in SGD is translated at a foreign exchange rate of SGD/RMB of 4.843.

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