The Mainland Development Properties land bank at the end of June 2022 was 1.94 million square metres, spanning over several cities including Beijing, Changsha, Chengdu, Chongqing, Foshan, Guangzhou, Hangzhou and Suzhou. The Group has become more selective with new land acquisition.


Mainland China Land Bank Distribution
Region and Key City | GFA (million s.m) as at the end of June 2022 | % of Total |
Eastern China | ||
Suzhou | 0.37 | 19% |
Hangzhou | 0.33 | 17% |
Eastern China Subtotal | 0.70 | 36% |
Western China | ||
Chengdu | 0.60 | 31% |
Chongqing | 0.03 | 1% |
Western China Subtotal | 0.63 | 32% |
Southern China | ||
Foshan & Guangzhou | 0.15 | 8% |
Northern China | ||
Beijing | 0.04 | 2% |
Central China | ||
Changsha | 0.42 | 22% |
Southern, Northern and Central China Subtotal | 0.61 | 32% |
Total | 1.94 | 100% |