Mainland China Development Properties

The Mainland Development Properties land bank at year-end was 2.8 million square metres, spanning over several cities including Beijing, Shanghai, Changsha, Chengdu, Chongqing, Foshan, Guangzhou, Hangzhou and Suzhou.  The Group continues to adopt prudent and selective land banking strategy to safeguard margin.

Mainland China Land Bank Distribution

Region and Key City GFA (s.m) as at End-June 2020 % of Total
Eastern China
Hangzhou 0.48 17%
Shanghai 0.02 1%
Suzhou 0.71 25%
Eastern China Subtotal 1.21 43%
Western China
Chengdu 0.66 23%
Chongqing 0.17 6%
Western China Subtotal 0.83 29%
Southern China
Foshan & Guangzhou 0.23 8%
Northern China
Beijing 0.14 5%
Other Regions
Changsha 0.42 15%
Southern, Northern China and Other Regions Subtotal 0.79 28%
Total 2.83 100%