{"id":213,"date":"2019-09-18T05:21:19","date_gmt":"2019-09-18T05:21:19","guid":{"rendered":"https:\/\/honkwok.com.hk\/?post_type=portfolio&p=213"},"modified":"2019-09-18T06:16:30","modified_gmt":"2019-09-18T06:16:30","slug":"mainland-china-shenzhen-prc-2","status":"publish","type":"portfolio","link":"https:\/\/honkwok.com.hk\/hk\/portfolio\/mainland-china-shenzhen-prc-2\/","title":{"rendered":"Mainland China – Shenzhen, PRC"},"content":{"rendered":"

[vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”4″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ overlay_alpha=”50″ gutter_size=”2″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1\/1″][vc_custom_heading text_size=”fontsize-745534″ text_weight=”600″ text_color=”color-929518″ css_animation=”alpha-anim”]Property Development and Investment \u2013 Mainland China[\/vc_custom_heading][vc_custom_heading text_size=”fontsize-192317″ text_italic=”yes” css_animation=”bottom-t-top” animation_delay=”200″]Shenzhen, PRC[\/vc_custom_heading][\/vc_column][\/vc_row][vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”2″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1\/1″][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”2″ shift_y=”0″ z_index=”0″][vc_column_inner width=”1\/2″][vc_single_image media=”214″ caption=”yes” media_width_percent=”100″][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_custom_heading text_size=”fontsize-192317″ text_height=”fontheight-206218″ css_animation=”alpha-anim”]Enterprise Square<\/strong> \u50d1\u57ce\u574a, in which the Group owns a 20% interest, is situated at Qiaoxiang Road North, Nanshan District, covering a site area of approximately 49,000 sq.m. and a total gross floor area of approximately 224,500 sq.m. It has been developed into a commercial complex composed of office towers, a residential apartment tower and a commercial mall offering dining and entertainment facilities to the tenants. Development for the entire project was completed in June 2018. The office portion of the project was launched to the market for pre-sale in January 2017. For the year ended 31 March 2019, the project realised revenue of RMB1,884 million (2018: RMB1,174 million) from the units delivered during the year.[\/vc_custom_heading][\/vc_column_inner][\/vc_row_inner][vc_custom_heading text_size=”fontsize-192317″ text_height=”fontheight-206218″ css_animation=”alpha-anim”]As at 31 March 2019, the property sales contracted but revenue not yet booked amounted to RMB188 million. Net profit attributable to the Group in respect of Enterprise Square, including an increase in fair value of the commercial mall and an office tower which are classified as investment properties, amounted to HK$317 million (2018: HK$114 million) for the year ended 31 March 2019.[\/vc_custom_heading][\/vc_column][\/vc_row][vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”2″ bottom_padding=”5″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1\/1″][vc_separator][uncode_index el_id=”index-140855″ index_type=”carousel” loop=”size:All|order_by:date|post_type:portfolio” carousel_lg=”4″ carousel_md=”4″ carousel_sm=”2″ thumb_size=”sixteen-nine” gutter_size=”3″ portfolio_items=”media|featured|onpost|original,title” carousel_interval=”3000″ carousel_navspeed=”400″ carousel_loop=”yes” carousel_nav=”yes” carousel_nav_mobile=”yes” stage_padding=”0″ single_overlay_opacity=”50″ single_overlay_anim=”no” single_h_align=”center” single_padding=”2″ single_text_reduced=”yes” single_title_transform=”uppercase” single_title_dimension=”fontsize-341564″ single_title_weight=”500″ single_shadow=”yes” shadow_weight=”sm” single_border=”yes” single_css_animation=”right-t-left” single_animation_first=”yes”][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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