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OCT (Asia) Acquires Commercial Development Project Deepens Southwest China Footprint

(March 7, 2016, Hong Kong) Overseas Chinese Town (Asia) Holdings Limited (“OCT (Asia),” the “Company,” together with its subsidiaries (the “Group,” HKSE stock code: 3366.HK) is pleased to announce Chengdu OCT Chuang Ying Enterprise Management Co., Ltd.

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By aggregating the 30-year successful experience of comprehensive development, OCT (Asia) focuses on quality land resources, while proactively develops comprehensive development zone projects with regional-driving capacities, establishing “City Centers” with OCT styles.It has established remarkable advantages of receiving high government support, great marketability, and will render fruitful and stable return to the investors.

Chengdu OCT

Located in Jinniu District, Chengdu, covering an area of 1.83 million sq.m. It consists of the Happy Valley theme park, residential and commercial properties. It establishes a brand-new city functional center with the growth engine of metropolitan entertainment and business, and is highly influential in Southwest China.   

OCT Shanghai Land

It is currently engaged in the Suhewan project located at the heart of Shanghai and the junction of Suzhou River and Huangpu River. With a gross floor area (above ground) of 280,000 sq.m., the Suhewan project will be developed into a commercial complex that integrates tradition, art, fashion, business, residence and entertainment.,and aiming to become a new landmark in Shanghai.

Chongqing OCT Real Estate project

Located at Lijia Commercial Center, North New District, Chongqing, captures a quality geographical position. It is adjacent to a large comprehensive culture and tourism development area of the parent company, thus enjoying value adding effect from surrounding ancillaries, becoming a metropolitan culture and tourism destination with entertainment experiences, eco-leisure, themed commerce and humanistic community.

Xi’an OCT

Located at the core area of Tang Paradise, Qujiang New District, Xi’an City, Xi’an OCT is adjacent to a number of National 4A scenic area, combining traditional garden culture with contemporary art, hence establishing a new regional lifestyle and culture center.

Beijing Unique Garden

located in Laiguangying County,Chaoyang District,Beijing. Situated in Wangjing CBD, the project is in a prime location with convenient transportation network and comprehensive amenities in the surrounding areas. It has a total site area of 73,000 ㎡. It is planned to be developed into a residential property and the gross floor area is approximately 182,000 ㎡. 

Chang'an Metropolis Centre

Located at the core business district of Zhonglou at the centre of Xi’an city, and adjacent to the Yongningmen metro station, the Chang’an Metropolis Centre Project enjoys superior location and convenient transportation as well as strong business atmosphere.