Vientiane City is coming!
On January 19, China Resources Land successfully acquired the much-anticipated AF020114 and AF020116 land parcels west of the entrance of the Pearl River Tunnel and south of the Pearl River in Liwan for a total price of 2.98 billion yuan, and will build Vientiane City.
The land is a prime location where Guangzhou Metro Line 1, Line 11, Line 22 and Line 28 interchange. It is worth noting that right across the road from this land is Baietan Yue Mansion.
Details of the plot?
According to the official public account of "Guangzhou Liwan Release", the plot is developed and constructed in Baietan Business District and Baietan World-class Business District. The breakthrough point and main position will create a benchmark project for Guangzhou to cultivate and build an international consumption center city. In order to introduce new high-end business formats and top luxury brands such as internationally renowned shopping malls, high-end specialty shopping malls, and international first-line brands, it will set a benchmark for global consumer trends.
It is understood that in the "Singapore AF020114 and AF020116 Plot Performance Supervision Agreement", there are the following requirements for operating companies that need to be introduced:
1. The enterprise introduced by Party B (or the project company) or its actual controller shall be one of the top 100 enterprises in the Fortune Global 500 in 2022.
2. The enterprises introduced by Party B (or the project company) or their actual controllers are among the top 10 enterprises in the "Top 100 Chinese Chain Stores in 2021" rated by the China Chain Store and Franchise Association.
In addition, other qualifications are as follows:
2. In order to ensure the quality of commercial operations, Party B (or the project company) must provide Party A with the introduction certification materials of Party B and the brand to be introduced into the shopping mall. , the supporting materials must be cooperation agreement documents, and the shopping mall brand must be one of the "Top 70 Chinese Shopping Center Enterprises in 2021" published by the China Chain Store and Franchise Association. Party B must provide evidence proving that the shopping mall brand has officially entered the project within 180 days from the date of completion acceptance and filing of the shopping mall of this project, including the "Trademark Use Agreement", "Operation Management Service Agreement", and "Investment Management Service Agreement".
Party B (or the project company) shall not change the operating brand of the shopping center without authorization during the self-ownership period. If a change is really necessary, an application must be submitted to Party A and can only be implemented with the written consent of Party A.
If Party B (or the project company) fails to introduce or changes the shopping mall operating brand without authorization in accordance with this requirement, it will be deemed as a breach of contract by Party B. Party B must wait 10 working days after Party A or its designated unit issues a notice of breach of contract. Within the day, 20% of the transaction price of the land transfer shall be paid to Party A or its designated unit as liquidated damages.
3. In the 1st to 10th full year after the operation of centralized commercial, entertainment and sports facilities, the cumulative retail sales will be no less than 10 billion yuan (including the retail sales generated from the business activities of merchants included in the statistics) Forehead).
4. In the first to 10 full years after the opening of centralized commercial, entertainment and sports facilities, the cumulative tax paid in Liwan District is no less than 1.5 billion yuan (including taxes paid by merchants for their business activities) ).
Planning conditions of Xinlongsha area
A subway complex will be integrated around Fangcun Station and the connection with Vanke Huadiwan land parcel will be optimized. Optimize the functional ratio and spatial form around the site.
As one of the three major areas, the Xinlongsha area will have 300-meter-high buildings and three-dimensional space construction aerial corridors.
Planning renderings of the new Longsha-Luju Road area
Vientiane City enters Guangzhou for the first time
What surprises will it bring?
The business district in Baietan has a prosperous development prospect, but there has been a long-term resource dislocation in commercial supply. The lack of large-scale commercial entities makes it difficult to meet the purchasing demand in the region.
Even the customer base of Guangzhou Iron and Steel New City within the business district often travels across the city to Foshan for consumption.
After a long period of layout and accumulation, Baietan is now experiencing a commercial explosion. Taikoo Li has begun construction, Guangzhou Health Port Galaxy COCO Park has been completed, and Sam’s Club has opened its first store in Liwan and is located in Guangzhou Industrial Control. Lingnan V Valley Science and Technology Park and Huadiwan will build a super shopping mall of about 180,000 square meters...
This time, the dust of Guangzhou’s first Mixc City has settled, and it has been given by the market to make up for the shortcomings of Baietan and even Guangzhou’s high-end businesses. board expectations.
At present, China Resources Land has not officially disclosed the specific name of the business, but judging from official and other information, Baietan has been settled - it may be the highest-level Mixc City among China Resources' businesses.
At the same time, this year’s government work report of the two sessions of Guangzhou mentioned “accelerating the construction of landmark commercial complexes such as Vientiane City, SKP, and Taikoo Li.”
Among China Resources Land’s commercial series, Mixc focuses on luxury and has a full range of business formats. With its high-standard “first store” cluster and distinguished service experience, it has become One of the "golden signs" of the top luxury shopping malls in China.
Actual shot of Unicorn Mall in Shenzhen Bay Vientiane City
China Resources Vientiane Lifestyle disclosed in its financial report that it has reached strategic cooperation with nearly 100 international luxury brands. , nearly 400 international luxury brand stores have reached cooperation. Such hard-core brand appeal and advantages in investment resources make it a competitive business barrier.
In April 2021, China Resources Land Group Guangzhou clearly stated that the new South China Region should be based on the core urban agglomeration of the Greater Bay Area, deepen the development of the 10 cities in South China "with Guangzhou as the core", and "comprehensively replicate Shenzhen" in Guangzhou "Model", tilting advantageous resources to key areas.
The detailed internal decisions cannot be studied for the time being, but from the disclosed information, we can at least draw a signal
— The resources obtained by Guangzhou Vientiane City in terms of business format and configuration The support is no less than that of the two major Vientiane cities in Shenzhen.
For example, forming a strong lineup of international luxury brands
Shenzhen Vientiane City has introduced and upgraded many international first-line brand boutiques, including Dior three-story store, LV, BOTTEGA VENTTA, YSL , Burberry, GIVENCHY, Moncler, THOM BROWNE, Fendi, CELINE, Tod's and other double-story flagship stores.
In addition, it has enriched the previous beauty industry, gathering brands such as ARMANI Beauty’s latest global image concept store, BYREDO global comprehensive boutique, and YSL Beauty’s national latest image boutique.
Shenzhen Bay Vientiane City also gathers a number of luxury brands such as LV, HERMES, Prada, Fendi, Dior, Cartier, BVLGARI and Gucci. The brands are amazing, eye-catching and attracting money.
What surprises will the debut of Guangzhou’s first Vientiane City bring? May as well look forward to it!
Baietan Yuefu charges 100,000/㎡＋?
It is worth noting that China Resources Land Baietan Yue Mansion is only separated from the Vientiane City built by this acquisition of land.
The project is about 400 meters away from Fangcun Subway Station. In addition to the already opened Line 1, there will be 4 subway lines in the future: Line 11/22 (under construction) and Line 28 (planned). intersection.
The predecessor of Yuefu is the two residential plots (AF020112 and 119 plots) that China Resources Land won in the third round of land auction last year.
China Resources Land Baietan Yue Mansion renderings
From the perspective of project positioning, what China Resources Land wants to build in Baietan is a "benchmark-level "High-end improvement products.
The "Yuefu" series, as the flagship of high-end residential properties under China Resources Land, has been successfully implemented in large cities such as Shenzhen, Shanghai, and Hangzhou.
Take Shenzhen Bay Yue Mansion next to Shenzhen Bay Vientiane City as an example. The average price is about 138,000/㎡, and 80% of it was sold on the day it opened. Now the second-hand price has reached 300,000/㎡.
As for Baietan Yuefu, as the first "Yuefu series" product of China Resources Land in Guangzhou eight years ago, it is bound to cause quite a stir in the market.
With one line of riverfront and one step of Vientiane City, and surrounded by top-notch urban resources, it is almost the most anticipated project in 2023.
Surrounding supporting facilities
It is understood that the project will build 5 super-high-rise river-view residences, with river-view flats with a built-up area of ??approximately 133-243㎡ being promoted. The building is equipped with 6 classes of kindergarten and 24 classes of junior high school.
The first phase is planned to launch Plot F, which consists of 3 residential buildings.
In order to give full play to the advantages of being near the river, the buildings are arranged in a fan-shaped layout with wide river views according to local conditions. Most units have a sweeping view of the Etan River.
Land location indication