The Laurel House

The Guangzhou Laurel House Project is located in Yuexiu District, Guangzhou City, the PRC. The project completed the delivery of all residential units, the total GFA of residential units which had been delivered to customers during 2021 amounted to approximately 11,440 sq. m. (2020: 31,477 sq. m.).

During 2021, the commercial property “GD • Delin (粤海•得鄰) ” of the Guangzhou Laurel House Project has ushered in several leading businesses and brands with distinctive characters that perfectly fit the position and theme of the project, i.e. its core positioning “high-end education-oriented community”. As at 31 December 2021, the total GFA of lease contracts signed in respect of the commercial shopping building of the Guangzhou Laurel House Project were approximately 16,855 sq. m. with an occupancy rate of approximately 91.8%.

Completed Properties Held for Sale

Property project

Location

Use

Interest held by the Group

Approxi-mate GFA of project
(sq. m.)

Accu-mulated GFA contracted
(sq. m.)

Approximate GFA delivered

The proportion of accu-mulated GFA delivered
to GFA available
for sale

 First quarter of 2022
(sq. m.)

Accu-mulated
(sq. m.)

Guangzhou Laurel House

Guangzhou City, the PRC

Car-parking spaces

100%

2,764

2,617

800

2,579

93.3%