Here are Asia Pacific’s five largest multi-family housing construction projects that were initiated in Q1 2022, according to GlobalData’s construction projects database.
1. Wuhan Xinrong TOD Sky Street Complex – $2,519m
The project involves the construction of a mixed-use complex in Wuhan, Hubei, China.
Construction work started in Q1 2022 and is expected to be completed in Q2 2026.
The project aims to enhance the residential and commercial facilities in the region.
2. Chengdu Future City – $1,150m
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The project involves the construction of a future city on an area of 460ha of land in Chengdu, Sichuan, China.
Construction work commenced in Q1 2022 and is expected to finish in Q4 2025.
Chengdu Future City is a car-free masterplan for the capital of China’s Sichuan province.
3. Cap Padaran Mui Dinh – $1,000m
The project involves the construction of a hotel and resort complex on 800ha of land in Mui Dinh, Ninh Thuan, Vietnam.
Construction work started in Q1 2022 and is forecast to complete in Q4 2025.
The project aims to enhance the hospitality, leisure, and commercial facilities in the region.
4. REJUVE 360 Mulund Residential Community – $800m
The project involves the construction of five, 57-story high residential towers on 2.8ha of land. in Mumbai, Maharashtra, India.
Construction work commenced in Q1 2022 and is expected to be completed in Q4 2025.
The project aims to cater to the ever-growing demand for residential units in Mumbai and to enhance the residential space in the city.
5. Willoughby Residential Redevelopment – $691m
The project involves the construction of 10 residential buildings comprising of 442 units on 3.2ha of land in Sydney, New South Wales, Australia.
Construction work started in Q1 2022 and is expected to be completed in Q4 2024.
The project aims to demolish the existing office building and provide better residential facilities in the region.
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
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