Basic HTML Version
Glorious Property
Annual Report 2011
22
Management Discussion and Analysis -
Business Review
(Continued)
Business Review (Continued)
II. PROPERTY SALES (Continued)
Shanghai Region, Yangtze River Delta, Pan Bohai
Rim and Northeast China accounts for 16.0%,
38.4%, 11.1% and 34.5% respectively of the total
resources available for sale. Northeast China,
Yangtze River Delta and Shanghai Region will be
the major regions contributing to sales of the Group
in 2012.
GFA COMPLETED/NEWLY STARTED
2,000
1,900
800
1,310
completed
newly started
2011
2010
III. CONSTRUCTION AND DEVELOPMENT
In 2011, the total GFA completed and delivered of
the Group was approximately 1.31 million sq.m..
The projects under construction in various regions
progressed as planned, adding another 2.0 million
sq.m. to new construction area. The Group had
a total of 32 projects in 12 cities with a total area
under construction of 4.9 million sq.m..
The Group plans to commence 1.0 million sq.m. of
construction area in 2012. It is expected that, by the
end of 2012, the total area under construction will
be 4.6 million sq.m..
Northeast
China
34.5%
Pan Bohai Rim
11.1%
Yangtze
River Delta
38.4%
Shanghai
Region
16.0%
TOTAL: 2.2 MILLION SQ.M.
RESOURCES AVAILABLE FOR SALE
BY REGION IN 2012
(’000 sq.m.)