The Jiangmen GDH City Project

The Jiangmen GDH City Project is located at the east of Ganbei Road, Pengjiang District, Jiangmen City, Guangdong Province, the PRC. The project is located in a traditional old town district in Jiangmen City with high density population and a convenient transportation network. It is also adjacent to Xi River, connects to the Chaolian Talent Island and is accessible to five parks nearby, providing a quality living environment with an excellent river scenery.
 
The project is being developed in phases. The filing for completion of construction of all properties on Land No. 3 in the first phase has been made in August 2022, the filing for completion of construction of all properties on 4-1 and 4-5 parcels of Land No. 4 has been made in March 2023, the filing for completion of construction of all properties on 4-6 parcels of Land No. 4 has been made in September 2023 and the filing for completion of construction of all properties on 4-2 parcels of Land No. 4 has been made in December 2023. As at 31 March 2025, 4-3 and 4-4 parcels of Land No. 4 and Land No. 5 were pending for development. The filing for completion of construction of the whole project is expected to be made in 2027. The pre-sale of the project commenced in May 2021, and entered the delivery stage in November 2022.

Completed Properties Held for Sale and Properties Held for Sale under Development

Name of the

property project

StatusUseInterest held by the Group

Approxi-

mate GFA available for sale

(sq. m.)

Approximate GFA contracted

The proportion of

accumulated GFA

contracted to GFA available for sale

Approximate GFA delivered

The proportion of

accumulated GFA

delivered to GFA

available for sale

First quarter of 2025

(sq. m.)

Accumulated

(sq. m.)

First quarter of 2025

(sq. m.)

Accumulated

(sq. m.)

Jiangmen

GDH City

(Land No. 3)

Completed

Residential

51%119,3342,531
107,21489.8%3,416102,20085.6%

Jiangmen

GDH City

(Land No. 3)

(Car-parking spaces)

Completed

Car-parking

 spaces

51%29,89525010,88536.4%44010,04933.6%

Jiangmen

GDH City

(Land No. 4)

Sale in

progress

Residential/

Business

apartment/

Commercial

51%204,2296,45357,96228.4%6,17751,58525.3%

Jiangmen

GDH City

(Land No. 5)

To be

developed

Residential51%42,254N/AN/AN/AN/AN/AN/A