News

(27 April 2008, Chengdu)  The first foray of New World China Land into Chengdu real estate market has hit a new milestone when its first large community scale property development project Riverside New World formally launched for sale today.  A ceremony has been held on-site and guest of honors and prospective buyers were ushered to the grand sales centre and show flats afterwards. 

The first batch of residential units available for sale include 12 river-front duplex villas with GFA ranging from 296 to 365 sq.m., and 153 river-view 18 storey mid-rise apartments with GFA ranging from 140 to 252 sq.m.  A total of six show flats have been meticulously designed and displayed to show-off the vibrant living concept of Chengdu. 

During the opening ceremony, New World China Land Chengdu District Chief Mr Wong See-yuan said “Riverside New World possesses five distinctive ‘Three’, the first one is its over 3,000 meters long Fu Riverbank, over three million sq.m of total GFA, a rather low site plot ratio of 3.0, three super high-rise apartment towers and lastly three units per each floor plate.  I believe these distinctive features explaint the fact that Riverside New World is currently one of the market focus in Chengdu.” 

Riverside New World is conveniently located in the southern part of Chengdu and commands a spectacular view of the river.  A total of RMB10 billion dollars has been planned to be invested into this mega project which occupies a site of about 1,650 acres (about 950,000 sq.m.) and has a total GFA of about 300 sq.m.  The first phase of the project which is under development encompasses a site area of about 280 acres and includes 27 three story duplex villas, eight towers of 18 storey apartments, 15 towers of 33 storey high-rise apartments and three towers 50 storey of super high-rise luxurious apartments.  It is envisaged that the super high-rise apartment towers will be the architectural landmark of southern Chengdu when completed.  To compliment the large number of residents living here in the future, Riverside New World will also embark on developing 200,000 sq.m. of comprehensive community and commercial facilities including shopping arcade, entertainment centre, catering square, cinema, hotel, club house, fitness centre and kindergarten etc.  Riverside New World will set the new definition of a truly riverside international community in Chengdu.