LVGEM International Garden· Bolin Gongguan, the landmark project of LVGEM in Western Guangdong, was launched for sale on 30 March 2019. Due to LVGEM’s remarkable product strengths and brand influence, 334 units were sold at LVGEM International Garden, with only 60 flats remaining. The sell-through rate on the first day of sale was as high as 80%. The average price amounted to nearly RMB7,000 and the total transaction amount involved was RMB300 million.
A long-awaited project
As the largest project in Western Guangdong and the landmark project of LVGEM, the 3 million sqm Huazhou LVGEM International Garden enjoys magnificent mountain and lake view and therefore is popular among the public. In the Western Guangdong market where overall demands were flat, Huazhou LVGEM International Garden sustained the strong sales momentum, topped the chart in sales in the region and hit new sales record.
Prospective buyers flocked to the marketing center of LVGEM International Garden·Bolin Gongguan at 7:30 a.m. on the first day of launch. In just a few hours after the launch, 80% of units were sold. This not only represented buyers’ recognition of the project quality but also served as a proof to the product strength.
A quality landmark project in Western Guangdong
Bolin Gongguan is the landmark project of LVGEM in Western Guangdong. Situated at the LVGEM International Garden complex and surrounded by branded kindergartens, LVGEM Garden Primary School, branded junior high schools, D Zone, which was launched for sale this time, was developed according to the provincial standards. 394 high-quality units from Building 1 and 2 at D1 Zone were offered. Each unit had a construction area ranging from about 113 to 167 sqm.
In addition, poised to become a commercial center in Huazhou and with a construction area of about 3 million sqm and a planned commercial area of over 200,000 sqm, LVGEM International Garden encompasses a 7000 m stylish commercial street, a star-level hotel and 2 commercial plazas. Adjacent to a lake, two rivers and three parks, it is an ideal, comfortable place to live.
Plan for the future
D1 Zone was as well-received as Hujing Gongguan in B Zone and Hanlin Gongguan in E Zone, which once again proved the market’s recognition of LVGEM International Garden and its strengths. As the developer of LVGEM International Garden, LVGEM has three core business segments, including real estate development and operation, financial investment platform and high-tech scientific technology. In particular, for the real estate development and sales segment which is also known as its main business, the company has adhered to the strategic principle of “Focusing on Core Cities and Cities’ Core Areas” and placed emphasis on its development in the Guangdong-Hong Kong-Macao Greater Bay Area over the years. The company’s projects are mainly located in core cities such as Shenzhen, Hong Kong and Zhuhai. It has been named the Top 10 Shenzhen Real Estate Development Enterprises in terms of Comprehensive Strength and Top 10 Top 10 Branded Enterprises in South China for several years in a row.
Looking ahead, LVGEM will strive for the vision and goal of “being the most respected city value-creator in China”, further consolidate its market position and brand influence in the Greater Bay Area and develop more apartments and communities with better quality.
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