2015.09.09
Times Property Laurelled “China’s Outstanding Real Estate Developer of 2015”
In the selection contest for “China’s Outstanding Real Estate Developer of 2015” held by Economic Digest, a renowned finance magazine in Hong Kong, on September 8th, Times Property, with its quality products and strong brand strength, was laurelled one of China’s Outstanding Real Estate Developers of 2015. Lei Weibin, Chief Financial Officer and Joint Company Secretary of Times Property Group, received the award on behalf of the Group and delivered an acknowledgement speech.
·Awarding Ceremony
Lei pointed out that since its listing in 2013, Times Property had maintained a corporate strategy of "focusing on regions, residential development, rigid housing demand, and clients". Adhering relentlessly to its "Life Stylist" concept whereby life and art are brought together as a whole, Times Property has been striving to improve its product and service and endeavoring to meet the requirement of it customers. Looking ahead, Times Property will reinforce its efforts and will, no doubt, add brilliance to its achieved splendor.
Times Property Laurelled Again
Since its listing on Hong Kong Stock Exchange on December 11, 2013, Times Property has achieved a succession of record highs in its property sales. The Group’s social influence is also on the rise. At the beginning of this year, Times Property was again honored as one of the Top 50 Real Estate Enterprises in China and one of the Top 20 Real Estate Enterprises with Good Credit in Guangdong. In the Bo’ao Real Estate Forum held in August, Times Property retained the title of the “Most Influential Real Estate Enterprise in China”. This time, Times Property was laurelled “China’s Outstanding Real Estate Developer of 2015”, an acknowledgement of its influence as well as an encouragement for its future strategic development.
· Medal of China’s Outstanding Real Estate Developer of 2015
The selection contest for “China’s Outstanding Real Estate Developer of 2015” aims to give credit to elite enterprises in the real estate sector for their excellent performance and their contribution to the economic prosperity in Hong Kong and China's mainland. The selection contest has been held for seven consecutive years since 2008, in which candidate enterprises are evaluated according to their enterprise profitability, project execution capability, business management ability, brand image and corporate social responsibility. In this year’s selection contest, a total of nine real estate enterprises were laurelled “China’s Outstanding Real Estate Agent of 2015”, including China Vanke Co., Ltd., Country Garden Holdings Co., Ltd., and R&F Properties.
·Group Photo on Awarding Ceremony
Property Sales Hike, New Houses Ready to be Marketed
In recent years, Times Property (Code: 1233. HK) has been actively strengthening its overall strategy in the Pearl River Delta. Through intensive and in-depth property development in this region, Times Property has made remarkable achievements. In its semi-annual performance report published in August, Times Property’s contracted sales volume stood at RMB 7.6 billion, a year-on-year increase of 27%; the newly increased floor area amounted to 890,000 square meters, a year-on-year increase of 68%. By the sales target for 2015 of RMB 16.5 billion set at the beginning of the year, Times Property had completed 46% of it.
As of June 2015, Times Property boasts thirty real estate projects on different levels of development. 29 of them are located in major cities in Guangdong province, such as Guangzhou, Foshan, Zhongshan, Zhuhai, Qingyuan, and one in Changsha, Hunan province. Starting from the third quarter of 2015, multiple new projects in Guangzhou and Foshan under Times Property will go on sale, including Times Centralpark Living (Guangzhou), Times Bridges (Zengcheng), Times Riverbank (Foshan), Times Bridges (Foshan). Sufficient supply, clear positioning, and the advocated high-quality life will further open the potential market for the products by Times Property.
It is said that the total number of houses for sale will further increase in the fourth quarter to meet the rigid demand of the real estate market. Times Property is optimistic about the sales of the above-mentioned projects. With advantageous geographical location and comprehensive auxiliary educational and commercial facilities, these real estate projects are bound to be a hit on the market.
