"The Canton Palace" of the riverside project of Central Park View, which is a large urban complexity in Guangzhou New World China Land Limited ("New World China Land" or "This Group"; Hong Kong stock code: 917) has invested huge money and ten years' time on, unveiled the official opening. This project has created the highest price record in Guangzhou's property market, and has formed a commercial district of "Central Park View" with unique canton cultural feature and international atmosphere together with "The Canton Place", "The Canton Club" and "The Canton Mansion", which newly appeared in this opening activity.
"The Canton Palace" is the final phase of Central Park View (The elite housing in Pearl River's new town) already on sale. This project is composed of 12 buildings, totaling more than 500 fine apartments with the large area of 170-500 square meters, which overlooks the frontline landscape of Pearl River in the south and faces the Pearl River Park of 280 thousand square meters in the north. It has become the representative of elite housing in Guangzhou property market, currently averagely priced at more than RMB 60,000 per square meter. Even priced at over RMB 100,000 per square meter for the most expensive suite. At present, it continues its hot sale.
The launch of "The Canton Palace" project shows that Central Park View has been formed into an international lifestyle center mostly characterized by canton culture. With the careful thought on local humanity, the Central Park View presented a "2011 New Year Concert for the New Canton Place and Wonderful New World" together with Moscow Symphony Orchestra (an orchestra with the international master grade) to the public on the New Year's Day of 2011, and it will make a tribute to the metropolitan life in Guangzhou through organizing a series of high-end activities such as art, music, international exhibition and experience, creating the life landmark integrating the unique canton humanities with international culture.