HKSE Stock Code: 960
Latest Project
On 13 July, the Group acquired Zhong Cun project in Qingdao. The plot is located in northeast Chengyang District, which is 30 km from the core downtown area of Qingdao and only 5 km from the Government of Chengyang District. The plot, with a total consideration of RMB475 million, has a site area of 210,500 sq.m., offers a GFA of 302,700 sq.m. and has an accommodation value of RMB1,569 per sq.m.. The plot will be developed into an integrated community incorporating townhouses, villas, high-rises apartment and shops.
On 26 July, the Group acquired Dong Gang project in Dalian. The plot is located in the center of the CBD of Donggang District, Dalian. Close Chongqing Chunsen Starry Street to a metro station and it is the only residential project in the region that has a magnificent sea view. The plot, with a total consideration of RMB1,652 million, has a site area of 62,800 sq.m., offers a GFA of 188,400 sq.m. and has an accommodation value of RMB8,767 per sq.m.. The plot will be developed into a high-end integrated community incorporating low-rises apartments, high-rises apartment and commercial centers.
On 8 August, the Group acquired Li Jia project in Chongqing at reserve Chongqing Times Paradise Walk price. The plot is in the core area of the Lijia business district in the north area of Chongqing New Distric, with a total consideration of RMB4,220 million, has a site area of 879,000 sq.m, offers a GFA of 1,985,000 sq.m. and has an accommodation value of RMB2,126/sq.m.. The plot is located in the core function area of Liangjiang New District and is located atop Lijia Station on the No. 6 Metro Line, which will be open in September 2012. The plot will be developed into a large-scale integrated community incorporating low-density products, low-rises apartments, high-rises apartments and designated zones for Yantai Banyan Bay businesses and office buildings.
On 14 July, the Group acquired Jinjiang Project in Quanzhou,Fujian Province. The plot is located in north Jinjiang, adjacent to the largest city park in Quanzhou in the west, a mere 5-minute drive to the Quanzhou city center. With a total consideration of RMB2,624 million, the plot has a site area of 461,400 sq.m., offers a GFA of 1.22 million sq.m. and has an accommodation value of RMB2,146/sq.m. It will be developed into a large-scale integrated community incorporating
Shanghai Hill of Good Hope townhouses, high-rises apartments, SOHO, retail shops and shopping mall.
Sales Overview
In July 2012, the Group achieved contract sales of RMB3.07 billion, representing a m-o-m increase of -32.3% and y-o-y growth of 20.4%. Contract sales in terms of GFA amounted to 333,000 sq.m.. As at the end of July, the Group achieved contract sales of RMB20.53 billion, Contract sales in terms of GFA amounted to 2,185,000 sq.m. The Western region, Pan Bohai Rim region and Yangtze River Delta region 1 recorded contract sales of RMB10.68 billion, RMB5.03 billion and RMB4.82 billion, respectively.
HKSE Stock Code: 960
Sales Overview
In July 2012, the Group achieved contract sales of RMB3.07 billion, representing a m-o-m increase of -32.3% and y-o-y growth of 20.4%. Contract sales in terms of GFA amounted to 333,000 sq.m.. As at the end of July, the Group achieved contract sales of RMB20.53 billion, Contract sales in terms of GFA amounted to 2,185,000 sq.m. The Western region, Pan Bohai Rim region and Yangtze River Delta region recorded contract sales of RMB10.68 billion, RMB5.03 billion and RMB4.82 billion, respectively.
Chongqing Chunsen Starry Street
Chongqing Times Paradise Walk
Yantai Banyan Bay
Shanghai Hill of Good Hope
Investor Relations Contacts: Longfor Properties Co. Ltd. Hill + Knowlton Strategies Asia Rita ZHANG, Director, Investment and Financing Center Crystal YIP, Account Director Tyche SHI, Senior Manager, Investor Relations T: (852) 2894 6211 / 9720 6455 T: (8610) 8466 1893 / (8610) 8466 1882 E: [email protected] E: [email protected] 2