SHKP Quarterly

Park Royale Phase 2B Skye Summit in Guangzhou sees robust sales 廣州御華園第 2B 期曉峰銷情熾熱 Spanning a gross floor area of more than eight million square feet, Park Royale is a wholly-owned major premium residential development in Huadu, Guangzhou that is being developed in phases. Phase 2B Skye Summit made its debut late last year and received an overwhelmingly positive response from home buyers and investors. Park Royale Phase 1 is nearly sold out and residences have been handed over to buyers since late 2014. Phase 2A Royal Green's units, which have been handed over to buyers since the third quarter of 2017, have won high praise from owners for their exquisite design and premium building quality. Riding on this strong momentum, Phase 2B Skye Summit was launched in the fourth quarter of 2018. To date, over 700 units across four residential towers have been put on the market with total contracted sales exceed RMB 800 million. Comprehensive facilities in a tranquil setting Skye Summit will provide over 1,000 premium residences across six residential towers. Units will range from about 720 to 1,440 square feet with practical designs and various layouts, featuring two to four bedroom configurations in order to suit the needs of different families. Floor-to-floor heights will reach approximately 3.15 metres to provide a spacious feeling. The design and layouts will be upgraded compared with previous phases to maximize the use of space. The enlarged balconies will offer wider views and allow more expansive greenery as well as more natural light and ventilation. Some high f loor units facing southeast will even overlook the entire Hongxiuquan Reservoir. Park Royale’s main entrance features a large vertical green wall of approximately 100 metres long. Inspired by French Monet-style garden, the Phase 2 garden will cover nearly 500,000 square feet with almost 100 plant species to be changed seasonally. There will also be recreational facilities inside the park including a playground for toddlers, playground for Park Royale Phase 2B Skye Summit overlooking the stunning Hongxiuquan Reservoir nearby 御華園第 2B 期曉峰毗鄰洪秀全水庫，景色優美 children, fitness stations, running track, garden jogging track, nature walking trail and more. Park Royale in the heart of Shiling, Huadu is surrounded by the scenic Hongxiuquan Reservoir nearby and the emerald Wangzi Mo un t a i n a t t h e b a c k . T h e t r a nqu i l neighbourhood is close to daily necessities including a shopping mall, supermarket, government offices, a hospital and schools. A residents’ shuttle bus service is available to provide a direct transit connection to Guangzhou Metro Line 9 Ma’anshan Park Station which of fers easy access to the Guangzhou city centre. Business News - Mainland Vol 91 • Q1 2019 • SHKP Quarterly 16