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Glorious Property
Annual Report 2011
27
Project
Name
City
Location
Use
Land Bank
Average
Land Cost
Interest
Attributable
to the
Group
(sq.m.) (RMB/sq.m.)
Pan Bohai Rim
18
Sunshine
Holiday
Tianjin Hedong District East Residential, hotel
and commercial
72,281
799
100%
19
Tianjin Royal
Bay Seaside
Tianjin Dagang District
Residential, hotel
and commercial
934,014
1,396
100%
20
Tianjin Royal
Bay Lakeside
Tianjin Tuanbohu District
Residential and
commercial
1,567,303
1,225
70%
21
Royal Mansion
Beijing
Haidian District
Residential and
commercial
90,406
3,395
100%
22
Sunshine
Bordeaux
Beijing
Daxing District
Residential and
commercial
1,320,752
493
100%
23
Glorious
Artstyle
Townhouse
Beijing
Daxing District
Residential and
commercial
100,270
3,862
100%
Sub-total
4,085,026
1,133
Northeast China
24
Harbin
Villa Glorious
Harbin Qunli New District Residential and
commercial
172,478
979
100%
25
Harbin
Royal Garden
Harbin Qunli New District Residential and
commercial
222,697
2,451
100%
26
Sunny Town
Shenyang Yuhong District
Residential and
commercial
237,552
1,133
100%
27
Changchun
Villa Glorious
(East)
Changchun Gaoxin District
Residential and
commercial
611,217
868
100%
28
Changchun
Villa Glorious
(West)
Changchun Gaoxin District
Residential and
commercial
845,088
1,004
100%
29
Dalian
Villa Glorious
Dalian Jinzhou New District Residential and
commercial
165,375
1,674
100%
30
Dalian 200#
Land Parcel
Dalian Jinzhou New District Residential and
commercial
344,000
1,497
70%
Sub-total
2,598,407
1,214
Total
17,895,475 1,338