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Southern
Region
| Guangzhou |
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Highlights |
Leveraging on the opportunities brought by hosting the 2010 Asian Games, Guangzhou is undergoing city renovation and infrastructure enhancement in a full-scale manner. The subway connecting the airport and the urban district is under accelerated construction. It is expected to be completed before the 2010 Asian Games and will take only 30 minutes to ride between the New Baiyun Airport and Guangzhou East Railway Station. Various new subway lines connecting different parts of the urban area is under construction, which will accumulate to a total operational length of more than 200 kilometers by 2010.
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| Property
Portfolio |
There are seven major property projects underdevelopment with total GFA of 3,292,299 sq.m.. A saleable GFA of 64,869 sq.m. was completed duringthe year. We expect to build 289,775 sq.m. GFA inFY2009 and 412,543 sq.m. GFA in FY2010.
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| Investment
Properties |
There are six completed investment property projects 55 with GFA of 302,138 sq.m..
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| Completion
Schedule |
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sq.m. |
| FY2008 |
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| Guangzhou Park Paradise Phase IID |
Residential, Commercial, Carpark |
89,677 |
| Guangzhou Xintang New World Garden Phase IV |
Commercial |
10,930 |
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Total 100,607 |
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| FY2009 |
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| Guangzhou New World Oriental Garden Phase II |
Residential, Carpark |
15,265 |
| Guangzhou Covent Garden Phase III |
Residential, Commercial, Carpark |
33,761 |
| Guangzhou Xintang New World Garden Phase IV and V |
Residential, Commercial, Carpark |
89,328 |
| Guangzhou Park Paradise Phase II D3 |
Residential, Carpark |
136,971 |
| Guangzhou Park Paradise Phase II E1 |
Residential |
14,450 |
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Total 289,775 |
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| FY2010 |
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| Guangzhou New World Oriental Garden Phase II |
Residential, Commercial, Carpark |
130,406 |
| Guangzhou Central Park-view Phase II A |
Residential, Commercial, Carpark |
137,061 |
| Guangzhou Xintang New World Garden Phase V |
Residential, Commercial |
48,397 |
| Guangzhou Park Paradise Phase II E1 |
Residential, Commercial, Carpark |
96,679 |
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Total 412,543 |
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| Pearl
River Delta |
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Highlights |
As one of the regions with the most vibrant economy in Mainland China, Pearl River Delta is upgrading its industry structure and fostering integration within the region, seeking to advance from labour-intensive low-end manufacturing industries to technologically-advanced industries, modern services industries and high-end value-added industry. It is intended to become a high-tech zone and an advanced production base with leading industries including electronics and information technology, equipment manufacturing, automobile manufacturing, crude oil and petrochemical industries.
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| Property
Portfolio |
There are eight major property projects under development with total GFA of 1,983,530 sq.m.. A saleable GFA of 83,165 sq.m. was completed during the year. We expect to build 64,390 sq.m. GFA in FY2009 and 123,262 sq.m. GFA in FY2010.
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| Investment
Properties |
There are four completed investment property projects with total GFA of 83,943 sq.m..
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| Completion
Schedule |
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sq.m. |
| FY2008 |
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| Zhuhai New World Riviera Garden Phase III |
Residential, Commercial |
83,165 |
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Total 83,165 |
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| FY2009 |
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| Zhaoqing New World Garden Phase II |
Residential, Carpark |
64,390 |
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Tota 64,390 |
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| FY2010 |
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Shunde New World Centre Phase III |
Residential |
51,000 |
Huizhou Changhuyuan Phase II B |
Residential, Commercial, Carpark |
72,262 |
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Total 123,262 |
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| Guiyang |
| Highlights |
As the provincial capital of Guizhou, Guiyang is the centre of economics, politics 43 and culture of the province. As its infrastructure facilities gradually improve, Guiyang is undergoing significant economic development. The GDP of Guiyang in 2007 was RMB69.6 billion, representing a growth of 15.8% year-on-year and also the largest growth since 1984.
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| Property
Portfolio |
There is one major property project under development with total GFA of 4,489,879 sq.m.. A saleable GFA of 81,402 sq.m. was completed during the year. We expect to build 50,855 sq.m. GFA in FY2009 and 302,580 sq.m. GFA in FY2010. |
| Completion
Schedule |
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sq.m. |
| FY2008 |
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Guiyang Jinyang Sunny Town Phase I |
Residential, Carpark |
81,402 |
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Total 81,402 |
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| FY2009 |
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Guiyang Jinyang Sunny Town Phase IA |
Residential |
50,855 |
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Total 50,855 |
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| FY2010 |
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| Guiyang Jinyang Sunny Town Phase IB |
Residential, Commercial, Carpark |
302,580 |
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Total 302,580 |
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| Haikou |
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Highlights |
Being one of the first open-door cities in Mainland China and the largest Special 59 Economic Zone in the nation, Hainan is actively seeking support from the state to establish Hainan ˇ°Free Trade Zoneˇ± to utilise the feature and innovation of Hainan in the new round of opening as well as enhancing cooperation and interaction between Mainland China and other Asian countries. |
| Property
Portfolio |
There are two major property projects under development with total GFA of 2,575,043 sq.m.. |
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