2015.08.09

As the centerpiece of Guangzhou’s strategic planning, eastward strategy has been gradually carried out. Alongside its implementation, eastern Guangzhou has witnessed the establishment of Sino-Singapore Guangzhou Knowledge City, the founding of a national-level economic and technological development zone in Zengcheng District, the approval for the construction of three metro lines and the opening of Wanda Plaza. All these exciting developments will contribute to the living environment and the investment value of eastern Guangzhou as well as to the lives of the local residents.

As the implementation of eastward strategy boosts the development of transportation and commerce in eastern Guangzhou, Times Property launched Times Centralpark Living (Guangzhou), a high quality development in this part of the city, on 8^th August, marked by the grand opening of its sales gallery.

·Sales Gallery on the Opening Day

·Sales Gallery on the Opening Day

The opening ceremony began at 10 in the morning. Representatives from Times Property’s management delivered opening remarks and expressed sincere welcome to all the present guests and friends from the media. They cut the ribbon and painted pupils for the auspicious lions amid an animated crowd for celebration. Although the housing market witnessed a downturn in the first quarter, Times Property brought an upbeat note to the bleak picture with their performance in the first half of the year. During that period of time, the company closed 7.6 billion yuan worth of contracts, an increase of 27% compared to the same period of last year, and completed 46% of its annual sales target, ranking among the first in the listed property companies in mainland China. Additionally, Times Property maintained a healthy growth momentum and obtained a net profit of 456 million yuan (RMB), up 10% over last year.

·Sales Gallery on the Opening Day

According to the ranking of top 100 Chinese real estate developers in first half of 2015 released by CRIC, sales of the top 50 developers increased by 9% compared with the same period of last year and 20 major real estate companies completed 41% of their sales targets. It’s fair to say that Times Property outperformed the other developers in both sales growth and target completion rate in the first half of this year. 

·Sales Gallery on the Opening Day

Times Property invested a total amount of 2 billion yuan in January in three parcels of commercial and residential land at Luogang District’s Guangzhou Science City and Zengcheng District, substantially supplementing its land reserve in Guangzhou. By the end of June this year, Times Property’s land reserve had exceeded 10 million m², enough to fuel its development for the next three to five years.

·Sales Gallery on the Opening Day

Times Centralpark Living (Guangzhou) is located at the center of Luogang District, the core area of eastward strategy, right next to the downtown Guangzhou —Tianhe District. The landmark park community at central Luogang District covers a total area of 270,000 m², boasting an ease access to the metro and a beautiful and healthy living environment composed of a 1350-acre park, mountains and lakes. The Metro Line 6 can take the dwellers to any part of the city, including the Wanda Plaza in Luogang, which is only two metro stations away. Besides, another 8 large commercial complexes are within a radius of 5 kilometers to ensure a comfortable life for the homeowners.

The first to be launched are 80 m² three-bedroom, 90 m² three-room and 110 m² four-bedroom apartments. The sample apartment is expected to be unveiled in late August. Sponsored by Times Centralpark Living (Guangzhou), the Carefree Park Run, the first race to advocate public health at Huangpu District, will be held at Guangzhou Voluntary Tree-planting Park on 15th August. Stay tuned!