The Zhuhai Laurel House Project

The Zhuhai Laurel House Project is located at the west to Jinhui Road and north to Jinhe East Road, the Aviation New Town Sub-district in Jinwan District, Zhuhai City, Guangdong Province, the PRC. The high value potentials of the area where the project is located will enhance the future development of the project. It is expected that the region will have sound living and education amenities. 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 March 2025, the filing for completion of construction of the first phase properties of the project was made. The superstructures of other phase properties 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 June 2021. The project ranked first in Aviation New Town Sub-district in Jinwan District, Zhuhai City in terms of full-year amount of online registration of sales contracts in 2024. The project entered the delivery stage in December 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.)

Zhuhai Laurel

House

Sale in

progress

Residential/

Commercial

100%145,7731,90083,70157.4%5,14077,82553.4%