Investor Presentaiton
Optimizing landbank structure focusing on tier 1&2 cities (cont.)
Focus resources on tier 1&2 and core tier 3 cities, groom core city subsidiaries with RMB10bn sales or above,
and form a "major+ satellite city" layout to cultivate metropolitan areas
Total Saleable
Region
Province/
City
Contribution
(by total GFA)
Avg.
land cost
(RMB/sqm)
Total GFA
(000's sqm)
Total Saleable
Resources
(RMB bn)
Resources
Including URP
Land bank breakdown
by type
Land bank breakdown
by status
By GFA
By GFA
(RMB bn)
GBA (excl. Hong Kong, Macao)
4,097
8,451
124
872.7
Guangdong excl. GBA (Meizhou,
South
1,055
6,686
53.5
53.5
Investment
properties
3%
Auxilliary
facilities
3%
Qingyuan, etc.)
China
Guangxi (Nanning, Yulin, etc.)
1,227
3,868
26.3
27.8
Completed and
held for sale
10%
Completed and sold, but
yet to be delivered/
Auxiliary facilities
4%
Hainan (Haikou)
3,322
96
1.6
1.6
Subtotal 36%
2,447
19,101
205.4
955.6
Commercial
properties
Chongqing
2,473
1,890
15.1
15.1
15%
Core
Sichuan (Chengdu, Guanghan, etc)
Hunan (Changsha, Zhuzhou, etc.)
5,941
2,097
29.6
29.6
Held for future
development
33%
1,629
2,961 Boha 23.1
27.2
region of
Hubei (Wuhan, Jingzhou, etc.)
3,505
1,045
10.6
Central &
Rim
10.6
Shaanxi (Xi'an)
3,446
1,495
20.1
20.1
Residential
properties
79%
Under
development
53%
Western
China
Henan (Zhengzhou, Kaifeng, etc.)
2,188
814
7.6
7.6
Jiangxi (Nanchang, Jiujiang, etc.)
962
2,474
16.8
16.8
Guizhou (Bijie)
532 entral 213
1.2
1.2
Yunnan (Kunming)
1,847
223
East 2.1
2.1
Subtotal 25%
2,684
13,212
126.2
130.3
Avg. land cost to
expected ASP
Project scale
Shanghai
16,492 hina 452
16.0
16.0
East
China
Zhejiang (Hangzhou, Ningbo, etc.)
Jiangsu (Nanjing, Suzhou, etc.)
5,670
963
14.1
14.1 (RMB/sqm)
4,694
4,455
56.2
56.2 12,000
11,100
Anhui (Hefei, Bengbu,etc.)
2,752
2,554
23.0
23.0
Fujian (Fuzhou, Quanzhou, etc.)
4,496
1,602
19.2
19.2 10,000
65%
Project GFA:
Subtotal
18%
4,793
10,026
128.5
128.5
Liaoning (Shenyang)
338
877
5.2
8,000
< 0.2mn sqm
5.2
1:4
Beijing
15,000
176
4.0
4.0
Bohai
Rim
6,000
28%
Project GFA:
Tianjin
5,069
443
7.4
7.4
Hebei (Shijiazhuang, etc.)
2,244
2,491
26.6
26.6 4,000
2,826
Shandong (Qingdao, Jinan, etc.)
650
5,524
62.2
62.2
7%
Subtotal 18%
1,510
9,511
105.4
105.4 2,000
0.2mn to 0.5mn sqm
Project GFA:
> 0.5mn sqm
Offshore
Sydney, Vancouver, Toronto,
Hong Kong, Macao
3%
3,932
1,729
28.4
28.4
0
Total
100%
2,826
53,579
593.9
1,348.2
Avg. land
cost
Expected
ASP
31View entire presentation