The Zhongshan GDH City Project

The Zhongshan GDH City Project is located at the starting area of Cuiheng New District, Zhongshan City, Guangdong Province, the PRC. Sitting in the core centre of the Greater Bay Area, the area is the bridgehead at the west bank of the Pearl River connecting to the Shenzhen Zhongshan Bridge. It therefore undergoes a rapid development and generates increasing market demand. With a superior seaview, the project enjoys rich environmental landscape resources. Coupled with the plan to perfecting the region by education, medical care and commercial amenities, the project is suitable to be developed as a low-density, ecological and quality residential community. With the significant advantage in terms of location, industries and transportation resources, the project enjoys promising market prospects.
 
The project is being developed in phases. As at 31 March 2025, the filing for completion of construction of the first phase properties was made. The superstructures of other phase properties of the project were topped out and the renovation and masonry works were topped out and the renovation and masonry works were in progress. The filing for completion of construction of the whole project is expected to be made in 2025. The pre-sale of the project commenced in September 2021, and entered the delivery stage in October 2023.

Properties Held for Sale under Development

Name of the

property project

StatusUse

Interest

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.)

Zhongshan

GDH City

Sale in

progress

Residential

97.64%236,7284,702109,66746.3%7,06798,57041.6%