Henderson Land has a substantial and growing land bank for development in mainland China.
Our strategy is to acquire sites through auction, strategic co-operation and acquisition. This strategy is carefully based on the economic development potential of various cities, as well as the actual market demand for properties in those cities. At present, our business activities focus on the three prime cities of Beijing, Shanghai and Guangzhou, as well as high-growth second-tier cities - mainly the provincial capitals - throughout the country.
We focus on stringent selection criteria so that we can acquire reasonably priced new sites that are of a manageable size for development. We also ensure that all sites for acquisition are vacant and available for immediate development.
|Attributable Developable GFA
(million sq. ft.)
|Total as at 30 June 2011 152.6|
15.3 million sq. ft.
137.3 million sq. ft.
- Others (including clubhouses, schools and community facilities)