HK group in key Abu Dhabi project milestone
Abu Dhabi, September 30, 2012
The Reem Diamond, an exclusive 10-storey low-rise residential project being built by Hong Kong-based developer in Abu Dhabi’s Al Reem Island, reached a major milestone with the topping out of its completed structure.
Owned by Smartwill Asia Limited, a subsidiary of Hong Kong-based construction conglomerate Chun Wo Development Holdings, the seaside development will support a natural, open-air lifestyle for its residents.
The Reem Diamond, which has a total saleable area of 61,686 ft, will house 48 units ranging from one-bedroom units to 3-bedroom duplexes.
The residential building will also feature an infinity sky pool, spacious balconies with sea views, and tailor-made floor plans catering to a wide range of individual tastes.
Scheduled for completion in mid 2013, the Reem Diamond is strategically located at the Shams Abu Dhabi Master Development of Al Reem Island, a natural island 600m off the coast of Abu Dhabi.
The Island is one of the emirate’s first free zones where foreign nationalities can purchase property as leasehold.
Representatives from the Hong Kong Trade Development Council (HKTDC) led by Dr Raymond Ho Chung-tai, the chairman of HKTDC’s Infrastructure Development Advisory Committee, attended the Reem Diamond’s Topping Out ceremony.
The delegation included Stephen Wong, the regional director, Middle East & Africa; Jenny Koo, the director of service promotion; and Ziad E. Rouayheb, the managing director of Arabian Construction Company.
The event is an important part of a ‘Hong Kong infrastructural development & real estate related services mission’ that the council is conducting across Qatar and the UAE under mission leader Dr Ho.
The Chinese Ambassador to the UAE Huang Jiemin, was also present as Guest of Honor.
“We are proud to be among the top 5 construction firms in Hong Kong. We have done quite a few large-scale core infrastructure works and construction projects for the Hong Kong Government. We have a footprint in 11 major cities in 5 countries,” remarked Anthony Poon, the director of Property Development, Chun Wo Development Holdings.
“Our passion for excellence and quality eventually led us to the property development sector, where for the past 15 years we have excelled in Hong Kong, China and Vietnam. In 2007 we added another page to our rich history in Abu Dhabi,” he added.-TradeArabia News Service