The Zhuhai Jinwan Project is located at the west to Jinhui Road and north to Jinhe East Road in Jinwan District, Zhuhai City, the PRC with a site area of approximately 66,090 sq. m. and a maximum total GFA included in the calculation of the plot ratio of approximately 166,692 sq. m. The project is planned for commercial and residential uses. The proposed types of properties, including residential units, commercial units and car-parking spaces, will all be for sale. The high value potentials of the area where the project is located will improve the future development of the project. It is expected that there will be sound living and education amenities in the area. With the significant advantage in terms of location resources, the project enjoys promising market prospects. The project is being developed in phases. As at 31 December 2021, the superstructure of the first phase properties was under construction, and basement structure works for the other properties were underway. The filing for completion of construction of the project is expected to be made in 2024. The pre-sale of properties of the first phase development commenced in June 2021, with the project promoted as Zhuhai Laurel House (珠海粤海•拾桂府).
Properties Held for Sale under Development and Investment Properties under Development
|Property project||Location||Use||Interest held by the Group||Approximate total site area (sq. m.)||Approximate GFA* (sq. m.)||Progress||Expected completion and filing date|
|Zhuhai Jinwan Project||Zhuhai City, the PRC|| Residential/ |
|100%||66,090||166,692||Superstructure of some properties of the first phase topped out and superstructure construction works of the other properties in progress, and basement structural works for the properties of other phases underway||2024|
* Note: Including the project's common area and area transfer to the local government.
Properties Held for Sale under Development which Pre-sale has Commenced
|Property project||Location||Use||Interest held by the Group||Approximate GFA included in calculation of plot ratio (sq. m.)||Approximate GFA contracted||The proportion of accumulated GFA contracted to GFA available for sale||Date of pre-sale|
| First quarter of 2022|
| Accumulated |
|Zhuhai Jinwan Project||Zhuhai City, the PRC||Residential/ Commercial||100%||166,692||4,892||17,837||10.7%||June 2021|