Moving Forward to 2030

Aoyuan holds 55% stake in the project, that is about an equity of 182,400 sq meter commercial and residential for sales. The first batch of units may be put up for sales in 3Q 2015. Aoyuan holds 55% in rights, the partners are Guangdong Nanhai Investments...

项目概况：128 号地块项目地块位于云浮西江新城中央商务区，东北侧临崇礼路，东南侧临都骑路，西北侧临崇德路，西南侧临强盛路：用地项目名称：云浮奥园城市天地用地性质：商业、商务、居住混合用地用地面积：56735.52㎡奧園地塊在 CBD 以北、生態公園西，靠近高鐵站，是極佳位置。项目概要：云浮奥园置业有限公司现拟在云浮西江新城中央商务区(云浮市都杨镇)128号地块(东南面临规划大道、西南面临城市主干道强盛路、西南面为规划路、东北面为50m宽的公共绿化带)开发建设云浮奥园城市天地项目，规划用地面积为...

Jiaoling is a beautiful town located in northeast Guangdong Province, at the side of Hanjiang River. Aoyuan acquired the land for the development of Jiaoling Aoyuan Plaza at a land cost RMB1930 per floor sq meter. The project will be developed in two...

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Aoyuan Yingde Project

Published on December 18 2014

Yingde is a historical city in the north of Guangdong Province, China. The city is on the Beijiang River, a tributary of the Pearl River. Administratively, it is part of the Qingyuan prefecture-level city.The principal languages are Cantonese and Hakka....

Aoyuan agrees to sell 46.05% of equity rights of Aoyuan Square to Huaxia Life. Sales of 46% stake would get the loans pay off. Before that much of the rental income has to be used for heavy loan interest payments. The mall will begin to provide Aoyuan...

We expect net gearing ratio to reduce to 75.3% in 2015. We estimate ROE to be 11.8%/14.2%/16.1% during 2014-2016. We estimate 2014 underlying net profit to increase by 29.7% YoY. Underlying net margin in 2014/2015/2016 is expected to be 11.2%/11.7%/11.8%....

今年統計數據顯示，三四線以下城市反倒是中國房地產市場表現最好的。比如玉林奧園就賣的不錯，株洲市場也不像廣州市場這麼冷。最近三個月的周平均成交量，重慶一周可以成交40多萬平方米，廣州只有13.4萬。廣州限購政策傳出鬆動後，周成交量已經上升到20萬平方米。重慶則是受惠貸款不再緊縮的影響，成交量上升到72萬平方米。以重慶這麼大的住房購買需求來看，加重投資比例是有必要的。我手頭上的資料概算，一線城市周成交量普遍比起去年少了三成，但中國1~9月全國的成交面積卻是成長18%。今年奧園在四線以下城市表現看起來甚至比去年好，反倒是二線的瀋陽、或準二線的佛山(拿地王)，銷售慘淡。一線城市雖然萎縮，但大房企還是吃小房企。以大家最熟的廣州為例，現在幾乎沒有非上市公司有實力拿地了，全被擠出市場消滅。...

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Fubon Research 09/2014

Published on October 1 2014

Aoyuan is now very prudent in land acquisition. As at mid-2014, Aoyuan’s total land bank was 11.96msm, with avg cost of only RMB1,105/sm. In 1H14, 5 parcels were acquired at an avg cost of RMB1,347/sm. And during 8M14, 7 parcels at an avg cost of RMB1,702/sm....

Sales target maintained but tone appears to be more cautious Aoyuan's contract sales increased 36% yoy to RMB6.0bn in 7M14, driven by 10.3% and 23.3% increases in ASP and GFA pre-sold respectively. It completed c40% of its full year sales target of RMB15bn....

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In the Press Meeting

Published on August 25 2014

以下是中國奧園地產集團股份有限公司 2014年度中期業績發布會現場問答實錄：現場提問：剛剛提到今年的全年業績目標維持不變，下半年推貨的貨量和推貨的節奏是怎麼樣的？今年下半年在拿地方面的計劃和金額預算如何安排？王曙煜：下半年我們整體的推貨量還有 130 億元的貨值。除了上半年推出的產品以外，下半年還有一些新的產品推出，包括我們上半年已推的產品當中還有二期、三期的產品。 2014 年下半年有廣州奧園越時代、廣州奧園城市天地、廣州蘿奧廣場，還有重慶的奧園城市天地和廣東梅州奧園半島一號以及陽江奧園公園一號，這些新的產品都會有貨量，從...