In 30 April, LVGEM (China)’s LVGEM International Garden Educated Mansion located in Huazhou, Maoming, Guangdong, was launched for sale. Educated Mansion sold on that day was launched after five years of efforts by LVGEM International Garden. Leveraging its strong brand appeal and solid product advantages, thousands of prospective buyers were attracted and the sale really attracted enthusiastic response from people. LVGEM International Garden Educated Mansion launched 369 flats for sale this time. The flats came in three-room and four-room layouts with areas ranging from 119 m2 to 147 m2. 334 flats were sold on that day, representing a sales rate of 90%. The aggregate area sold and aggregate transaction amount were 43171.74 m2 and RMB315 million respectively.
A total of RMB8 billion was invested in LVGEM International Garden which occupies a site area of approximately 1800 mu. The 300-million-square-meter community enjoying mountain and sea views was constructed with natural materials. The project is a natural luxury residential area integrated with beautiful townhouses with mountain and sea views, lakeside villas, boutique hotel, shopping mall and first-class education. The layout of the project was designed to be architecturally pleasant and it has good natural lighting and ventilation. In addition, it owns a one-stop quality education auxiliary resources and has kindergarten and LVGEM International Garden Primary School in place to provide flat owners of LVGEM International Garden with elite education suitable for children aged 3 to 12.
Ms. HUANG Jingshu, Chairman and Executive Director of LVGEM (China), commented, “ The project recorded satisfactory sales and the enthusiastic response of launching also once again demonstrated the recognition of the market for the brand and strengths of LVGEM International Garden. The Group will strive for the best and construct better residential and living community with a focus on quality. LVGEM (China) will bring substantial return to shareholders and investors by playing a proactive role in building its presence in the Guangdong-Hong Kong-Macao Grand Bay Area and seizing the market opportunities arising from the core cities of the Guangdong-Hong Kong-Macao Grand Bay Area including Shenzhen, Hong Kong and Zhuhai.”
LVGEM (China) Real Estate Investment Company Limited
LVGEM (China) Real Estate Investment Company Limited (stock code: 00095.HK), established in 1995, is a well-known comprehensive real estate developer and commercial property operator in Shenzhen. It has three principal business segments including property development and sales, commercial property investment and operations as well as comprehensive services. In the segment of property development and sales, with the strategy of “Focusing on Major Cities and Their Core Areas”, and the main business line of “Shenzhen and Hong Kong”, the company focuses on the geographic expansion in the Guangdong-Hong Kong-Macao Greater Bay Area and their projects are all located in the core areas of Shenzhen, Hong Kong and Zhuhai, etc.. The Company is ranked top 10 in terms of All-rounder Real Estate Developer in Shenzhen and top 10 Southern China Brands for consecutive years. In the area of commercial property investment and Operations, the company successfully operated numerous commercial properties as represented by two commercial brands, namely “Zoll” and “NEO”. In the area of comprehensive services, the company has the first grade qualification of the national realty management enterprise and provide high quality and comprehensive property management services to all kinds of the properties. Looking forward, the company will strive for the vision and goal of “being the most respected city value-creator in China” with an aim to further strengthen its market position in and brand influence over the development of the Guangdong-Hong Kong-Macao Greater Bay Area.
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