19/6/2017-3

Gabriel Baodong Mountain project push next year

Baili Bao (00617) next year will sell Shatin Jiadong Mountain project, providing 160 layers and bungalow units, will be the form of the existing building, the expected market value of more than 10 billion yuan.

Set up 24 houses 136 sub-households

Baili Bao executive director and chief operating officer Fan said that the whole of Jiuban Hill will have a lot of development projects in the future, other developers will be carefully built, so the group also hope to use more effort to build the project, tend to now sale. The project provides stratification and bungalows, of which 136 delineated units range from 1,600 to more than 3,000 square feet, while 24 housing units range from 2,000 to 5,000 square feet, expecting a total market value of more than $ 10 billion.

As for the surplus, there are still 14 houses in Stanley Bay, while more than 20 houses are available for sale.

In addition, the Group currently has three developing hotel projects, the largest airport for the “SKYCITY Space City” hotel project. Fan said the project is being designed in the architectural plans phase and the construction of the foundation is expected to be completed by 2020 and will provide 1,200 rooms. The project is located in the airport city of 4 million square feet of comprehensive development projects, as well as between Asia Expo, the Group is very much looking forward to the project and confidence.

As for the Ma On Shan commercial project invested four years ago, it has also completed landmark shopping malls. It is expected to acquire occupation permits in July this year and will be handed over to tenants for internal decoration. Fan said, shopping malls hope to be able to open at the end of this year to early next year.