Annual Report 2016
17
Execu t i v e V i ce - Cha i rman ’s Repo r t
gradual recovery of Hong Kong’s and China’s
stock markets from the doldrums in the first
quarter of 2016. Premium brands and products
with superior quality at prime locations had
therefore become the first choices for those
financially more capable home buyers, in light of
the inadequacy of supply on the market.
The Group’s revenue and segment contributions
from property development in Hong Kong during
the year under review, including the revenue from
the joint-development projects, amounted to
HK$12 , 941 . 9 mi l l i on and HK$2 , 978 . 6 mi l l i on
respectively. The contribution from property sales
was mainly attributable to the sales of residential
units completed and recognised within this
financial year, including “THE PAVILIA HILL” in
Hong Kong agricultural landbank
Attributable land area
As at 30 June 2016
Yuen Long District
North District
17,490,436 sq ft
11%
7%
69%
13%
Sha Tin District and Tai Po District
Sai Kung District and Tuen Mun District
Hong Kong landbank
Attributable GFA
As at 30 June 2016
Central and Western District
Eastern District
Yau Tsim Mong District,
Kowloon City District and Kwun
Tong District
Tsuen Wan District, Yuen Long
District and Tuen Mun District
Sha Tin District and Sai Kung
District
Others
8,266,386 sq ft
1% 2%
9%
45%
9%
34%
