Hopson Development continues to maintain its position as the leading
property developer in China. Hopson has been ranked third in terms
of integration ability in the ranking list jointly announced by three
organisations, namely the Corporate Research Centre of the State Council,
the Tsinghua University Real Estate Research Centre and the China
Index Research Centre.
In the past two years, Hopson Development had approximately 7.22%
market share of Guangzhou property development on average, maintaining
its position as the leading developer in Guangzhou. It had approximately
1.18% market share of Beijing property development, and 0.57% market
share of China¡¯s overall property development.
The Group focuses on developing integrated community residential
projects in prime locations in urban centres, together with commercial
and ancillary facilities, in first-tier developed cities in major
regional economic zones.
In Guangzhou, the average scale of developed projects (in terms
of gross floor area) is 341,000 sq. m., with a further 424,000 sq.
m. of land bank for development.
In Beijing, the average scale of developed projects (in terms of
gross floor area) is 406,000 sq. m., with a land bank scale of 464,000
sq. m. for development.
In Tianjin, the scale of developed projects (in terms of gross
floor area) is 482,000 sq. m., with a land bank scale of 3,753,000
sq. m. for development.
In Shanghai, the average scale of developed projects (in terms
of gross floor area) is 147,000 sq. m., with a scale of 374,000
sq. m. of land bank for development.
The target customers of the Group are mainly city-based consumers
with high earning power, who wish to purchase their own properties.
The properties developed by the Group are mainly mid to high-end
projects, and the average selling price is usually 15% to 72% higher
than the average market price in that city.
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