Annual Report 2009 - Greentown China Holdings Limited
Annual Report 2009 - Greentown China Holdings Limited
Annual Report 2009 - Greentown China Holdings Limited
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Portfolio<br />
Property projects<br />
Type<br />
Interest<br />
attributable to<br />
<strong>Greentown</strong><br />
Site Area<br />
(sq.m.)<br />
Total GFA<br />
(sq.m.)<br />
1 Beijing Majestic Mansion Low-rise apartment 100% 289,379 293,069<br />
2 Beijing Lily Apartment Integrated community 80% 103,143 203,032<br />
3 Beijing Sincere Garden High-rise apartment 50% 22,728 84,910<br />
4 Beijing Tongzhou Project Integrated Community 100% 39,651 280,031<br />
5 Beijing Oakwood Project Serviced Apartment 100% 3,204 63,156<br />
Total 458,105 924,198<br />
Completion schedule of projects in Beijing:<br />
Property projects<br />
Interest<br />
attributable<br />
to<br />
<strong>Greentown</strong><br />
Total GFA<br />
(sq.m.)<br />
Above-ground<br />
saleable Area<br />
(sq.m.)<br />
Area sold<br />
as at the<br />
end of <strong>2009</strong><br />
(sq.m.)<br />
Historical<br />
average<br />
selling price<br />
(RMB/sq.m.)<br />
Present<br />
selling price<br />
(RMB/sq.m.)<br />
2010 Beijing Majestic Mansion Phase 2<br />
100% 62,040 43,318 40,370 40,156 42,540<br />
(partial)<br />
Beijing Lily Apartment Phase 7 80% 57,449 38,639 30,517 7,645 8,300<br />
Beijing Lily Apartment Phase 8 80% 54,191 42,737 41,996 6,550 7,883<br />
Beijing Oakwood Project 100% 63,156<br />
Total 236,836 124,694 112,883<br />
2011 Beijing Lily Apartment Phase 9 80% 91,392 71,609 36,149 8,730 10,028<br />
Beijing Sincere Garden 50% 84,910 59,849 To be launched<br />
Total 176,302 131,458 36,149<br />
Beyond 2011 Total 511,060 228,536 –<br />
Beijing Lily Apartment<br />
Beijing Majestic Mansion<br />
<strong>Greentown</strong> <strong>China</strong> <strong>Holdings</strong> <strong>Limited</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong> 33