Property Development

MiLlennium waterfront

Chengdu, Sichuan Province, People's Republic of China

This is a mixed-use residential and commercial project development located in Wenjiang District, which is approximately 16.0 km from the Chengdu City Centre and the Tianfu New District, the business and industrial centre of Chengdu, and approximately 18.0 km from the Chengdu Shuangliu International Airport. The project is being developed on two plots of land in close proximity to each other. The site is divided into seven plots (plots A through G)1 comprising of around 50 residential buildings with an aggregate of over 7,000 residential units with ancillary commercial units, 2 hotels (around 600 rooms) and other commercial buildings which will provide residents with amenities such as a shopping mall, kindergarten and club-houses. The development of the Millennium Waterfront project has an aggregate GFA2 of above 1.3 million square metres.

Plot A, Millennium Waterfront

Location

Wenjiang District, Chengdu, Sichuan Province, PRC.

Status

Under development, pre-sale started

Construction Commencement / Project Handover

December 2014 / Expected handover in phases no earlier than 4Q 2016

Approximate Saleable Gross floor area2 (sqm)

206,095

Description

Comprises 14 residential buildings with an aggregate of 2,000 residential units with 118 ancillary commercial units, and 1,718 underground car park lots.

Land Tenure

Leasehold to year 2051 (commercial);
year 2081 (residential)

Site Area (sqm)

51,300

Number of saleable car park lots

1,718

Plot B, Millennium Waterfront

Location

Wenjiang District, Chengdu, Sichuan Province, PRC.

Status

Certain units handed over, remaining units on sale

Construction Commencement / Project Handover

November 2012 / First handover of residential units in December 2014

Approximate Saleable Gross floor area2 (sqm)

226,483

Description

Comprises 15 residential buildings with an aggregate of 2,250 residential units with 96 ancillary commercial units, a three-storey commercial building and 1,905 underground car park lots.

Land Tenure

Leasehold to year 2051 (commercial);
year 2081 (residential)

Site Area (sqm)

57,192

Number of saleable car park lots

1,905

Plot C, Millennium Waterfront

Location

Wenjiang District, Chengdu, Sichuan Province, PRC.

Status

Certain units handed over, remaining units on sale

Construction Commencement / Project Handover

September 2013 / First handover of residential units in December 2015

Approximate Saleable Gross floor area2 (sqm)

176,603

Description

Comprises 12 residential buildings with an aggregate of 1,778 residential units with 91 ancillary commercial units, a kindergarten and 1,508 underground car park lots.

Land Tenure

Leasehold to year 2051 (commercial);
year 2081 (residential)

Site Area (sqm)

45,262

Number of saleable car park lots

1,508

Plot D, Millennium Waterfront

Location

Wenjiang District, Chengdu, Sichuan Province, PRC.

Status

Under planning

Construction Commencement / Project Handover

Construction is expected to commence in 2016 / Handover date is yet to be ascertained.

Approximate Saleable Gross floor area2 (sqm)

132,913

Description

Expected to comprise eight residential buildings with an aggregate of 1,274 residential units with ancillary commercial units and 1,274 underground car park lots

Land Tenure

Leasehold to year 2051 (commercial);
year 2081 (residential)

Site Area (sqm)

32,198

Number of saleable car park lots

To be determined

Plot E & F, Millennium Waterfront

Location

Wenjiang District, Chengdu, Sichuan Province, PRC.

Status

Under planning

Construction Commencement / Project Handover

Development plans in the preliminary stage

Approximate Saleable Gross floor area2 (sqm)

Above 500,000

Description

Project currently in the preliminary planning stage. Expected to comprise commercial and office buildings, with underground car park lots.

Land Tenure

Leasehold to year 2051 (commercial);
year 2081 (residential)

Site Area (sqm)

48,237

Number of saleable car park lots

To be determined

Plot G, Millennium Waterfront

Location

Wenjiang District, Chengdu, Sichuan Province, PRC.

Status

Under development

Construction Commencement / Project Handover

Third quarter of 2013 / Expected to be operational in 2017

Approximate Saleable Gross floor area2 (sqm)

81,041

Description

Comprises 2 hotels expected to have a total of 610 hotel rooms, retail units, recreational facilities include a roof-top restaurant, a bar, a heated swimming pool, a scenic garden, spa services as well as a hotspring, an adjoining convention centre for up to 1,000 guests, and 772 underground car park lots.

Land Tenure

Leasehold to year 2051

Site Area (sqm)

36,327

Number of car park lots

772

Notes:

  1. These labels have been conceived by our Group for the development project and are not official designations by any PRC authority.
  2. Gross floor area ("GFA") excludes underground GFA.