Lake Dragon
Huadu, Guangzhou (60% owned)

This project is in the scenic Dragon Lake resort area close to the Guangzhou city centre and Guangzhou Baiyun International Airport. The project will have a gross floor area of over 9 million square feet in a low-density development integrated with a golf course. The first 1.3 million square feet is under construction and targeted for completion in the financial year 2009/10.

Sandong Avenue Project
Huadu, Guangzhou (95% owned)

This development is at the centre of Huadu, with convenient access to the Guangzhou Baiyun International Airport and Guangzhou's city centre. The project will have 1.1 million square feet of luxury residences for sale and is scheduled for completion in the second half of 2009. It will offer various layouts and flat sizes to cater for different customers' needs. Its garden theme with an emphasis on harmony with nature will provide residents with a pleasant and comfortable living environment.

Shiling Project
Huadu, Guangzhou (100% owned)

The Shiling Project is another residential development in Huadu, on a site surrounded by a green environment where most units will have scenic views of the reservoir. There will be over 7 million square feet of high-end apartments and houses to be completed in phases.

Liedecun Project
Zhujiang Xincheng, Guangzhou (33.3% owned)

This will be an integrated complex in Zhujiang Xincheng, a new business area in Guangzhou. There will be over 6 million square feet of gross floor area, including a large shopping mall, premium offices, a hotel and serviced apartments.

The Woodland
Zhongshan 5 Road, Zhongshan (Joint venture)
Dedicated web site

The Woodland is a low-rise development of over 5 million square feet of premium residential units being built in phases. The first two phases of over 1.2 million square feet are finished. The third phase of 660,000 square feet was completed in the third quarter of 2008. Work on the Phase 4A with over 130,000 square feet of gross floor area has begun and is scheduled for completion in 2010.

Nanhai Plaza
Nanhai Avenue, Foshan (100% owned)

Nanhai Plaza is a nine-level shopping complex on Nanhai Avenue in Foshan with 640,000 square feet, anchored by a department store, a supermarket and a cinema. Renovations to the first four levels were carried out and new Hong Kong and international retailers were recruited.