Since FY 2014, we have embarked on a series of
initiatives to enhance our asset turnover. I am
happy to report that following our initial success
with Oasis New Island Gardens in Nanjing, we
have again replicated the model with our Tang
Yue Bay Gardens in Suzhou by successfully
launching the project for pre-sale within a year
of acquisition. In addition, our initiatives have
enabled us to consecutively launch four multi-
phase developments in Shanghai and have
garnered us over RMB10.900 billion in pre-sales
in Shanghai in FY 2015.
INVESTMENT PROPERTY PORTFOLIO
Developing a stable recurring revenue stream is
a strategic initiative undertaken by the Group to
grow a core business segment that incorporates
hotels, serviced apartments, commercial and
office offerings to complement our revenue from
property development. While weaker market
sentiments in the PRC have affected retail and
hospitality sales in FY 2015, the positioning of our
centrally located malls and hospitality offerings
coupled with our recently unveiled community
business centres provide our clients with a unique
offering that continues to generate satisfactory
returns.
“Capitalising on our track record and comparative
advantages in the development of quality projects,
sizable landbank in prime locations within high-
growth cities in PRC coupled with our healthy
financial position, we are well poised to tap on the
long-term growth prospects of the PRC real estate
sector to generate greater returns for our stakeholders.”
CHAIRMAN’S STATEMENT
Sino-Singapore
Nanjing Eco
Hi-tech Island
⚥倝⽂❩欰䙖猰䪮䀙
YANLORD LAND GROUP LIMITED
ANNUAL REPORT 2015
6
