HK group celebrates Abu Dhabi project completion
Abu Dhabi, September 29, 2013
Smartwill Asia, a subsidiary of Hong Kong-based construction conglomerate Chun Wo Development Holdings, has announced the successful completion of 'The Reem Diamond,' an exclusive residential project located in the Abu Dhabi’s Al Reem island.
Designed as a “human-scaled” living habitat, Reem Diamond, features 10-storey residential floors only on a total saleable area of 61,686 ft. It houses 48 units ranging from one-bedroom units to 3-bedroom duplexes.
The residential building features an infinity sky pool, spacious balconies with sea views, and tailor-made floor plans to cater to a wide range of individual tastes.
Announcing the milestone at a glittering ceremony, Anthony Poon, the director of property development, Chun Wo Development Holdings, said, “The Reem Diamond is our crowning glory in our quest to bring our unique brand of construction and property development to Abu Dhabi.”
The celebration was also attended by He Song, the economic & commercial counsellor, Chinese embassy in the UAE, Gurjit Singh, the chief development officer, Aldar Properties, Perry Fung, the regional director, Middle East and Africa, HK Trade Development Council, Hussam Mahmond Izeddin, the general manager, Meera Engineering Consultancy Bureau, and Ziad E. Rouayheb, the managing director of Arabian Construction Company (ACC).
The seaside development which supports a natural, open-air lifestyle marks a major milestone in the Abu Dhabi real estate scene and reinforces the return of buoyancy to the emirate’s real estate industry, remarked Poon.
Abu Dhabi real estate industry, he stated, was reinforcing its position on the global map and going from strength to strength, thanks to the emirate’s solid infrastructure in addition to the great ambience it offers to its nationals, expatriates and tourists alike.
The emirate is attracting an influx of tourists and residents from around the world and continuously making huge investments in construction and infrastructure sectors, he added.
“The Reem Diamond, which is the first residential project in Abu Dhabi to be financed and developed by a Hong Kong Developer, is strategically located at the Shams Abu Dhabi of Al Reem Island, a natural island 600 meters off the coast of Abu Dhabi. The Island is one of the emirate’s first free zones where foreign nationals can purchase property on leasehold,” said Poon.
The convenient location offers access to the beach within a minute’s walk and Boutik Shopping Mall in two minutes’ walk.
The Repton Abu Dhabi School is just three minutes’ drive away Al Wahda Mall and down town 10 minutes and Abu Dhabi International Airport 30 minutes, making it an ideal residential option in the emirate.
“Today, we are proud to be among the top 5 construction conglomerate in Hong Kong, participating in quite a few large-scale Core-Infrastructure works and construction projects for the HK Government. We have our footprints in 11 major cities of 5 countries," remarked Poon.-TradeArabia News Service