Jiayuan International Guangdong, Hong Kong and Macao strategic layout of the successful acquisition of high quality land in Macau

2017-09-07


Jiayuan International (The Group) is pleased to announce the successful acquisition of two high-quality land at Macau's Taipa Sun Yat-sen, which is 2,323 square meters and 3,274 square meters, with a gross floor area of ​​about 60,969 square meters.

The land is the first project to be acquired by the Group in the Hong Kong and Macao Special Administrative Regions. It is located at the location of three cross-sea bridges, close to Macau Peninsula, Zhuhai City and Hengqin Island. It is only 3 minutes drive from Macau's Taipa Wharf and 5 minutes to Macau International Airport and Cotai Strip, the region's top international hotel and shopping and leisure facilities, occupy Taipa geography advantage. Project surrounding area development mature, infrastructure, public facilities, community facilities readily available, and sitting on the elite network such as the Macau City University, Haojiang Middle School, SKH Primary School. The project is backed by 50 hectares of Tai Tam Shan Country Park, living environment Qingyou. The construction of the Guangzhou-Zhuhai light rail will be extended to the Macao MRT system, and 2018 officially opened the Hong Kong-Zhuhai-Macao Bridge to form complementary advantages, the future will achieve a half-hour Pearl River Delta urban life circle. The Group believes that the development potential of the M & A Macau Land is huge and is conducive to the Group's continued development in the Greater Bay Area of ​​Guangdong, Hong Kong and Macau.

Macao, as the only lawful gambling city in China, has an area of ​​28 square kilometers and a small town with a population of about 640,000. As the gaming revenue soared in recent years, the tourism industry has flourished and has become the city with the highest per capita GDP in China. See the recent gambling industry in Macau has an upward trend, is seen as a short-term positive factors. And with the support of the central government's "one-way policy", has promoted the deep integration of the two markets and injected capital into Macao's capital, goods and services. On the other hand, the Macao market to home-oriented, residents of the rigid housing demand continued strong, coupled with domestic and foreign investors in recent years, investment in Macao real estate desire to promote property demand. Since the reunification in 1999, the Macau government has only held two public land auctions in 2004 and 2008, and the scarcity of land can be imagined.

The Group's deepening of the development of Guangdong, Hong Kong and Macao is of great significance to the Group's successful entry into the Macau real estate market, further expanding its business territory in the Pearl River Delta region, expanding the Group's land bank in Guangdong, Hong Kong and Macao and upgrading The group's international image and brand influence. The Group will play a good source of resources resources, with a wealth of experience in the development of the project to create a new landmark in Macau.