BEIJING, July 2 /CHICAGOPRESSRELEASE.COM/ — China Real Estate Information Group
and Chine Real Estate Assessment Center have jointly released the Sales
Rankings of China Real Estate Enterprises in the First Half of 2010. The data
indicated that in the first half of 2010, 11 real estate enterprises ranked
among the Ten Billion Sales Amount Club. Among them, Evergrande and Vanke
continued the previous competitive situation and respectively were deemed
champions in terms of sales area and sales amount in the first half-year.
Macro-control had effect on the performance of leading enterprises, but
generally speaking, large-scale real estate companies maintained stable
development. An original report from Sina Leju assesses the situation as
follows:
The growth of the Top 20 enterprises is stable
Data in the Sales Rankings of China Real Estate Enterprises in the First
Half of 2010 indicated that most large-scale real estate enterprises still
maintained good growth momentum in the first half year.
The rankings of sales amounts indicated that the sales amount of 11
enterprises in total exceeded 10 billion yuan. Among them, the sales amount of
Vanke, Evergrande, Poly, Greenland, and Greentown exceeded 20 billion yuan,
ranking as the top 5. With the sales amount of 35.5 billion yuan, Vanke became
the only member in the 30 billion yuan region. Evergrande, Poly, Greenland and
Greentown formed the echelon of 20 billion yuan.
The research institutions hold the opinion that although there have been
great changes in the whole situation of real estate industry due to
unprecedented severe micro-control policies since Apr. 2010, there still has
been obvious growth in the performance of the top 20 enterprises. According to
the statistics, generally speaking, compared with sales of the second half of
2009, the sales of real estate enterprises in the first half of this year
declined to some extent. But compared with the sales of the first half of 2009,
most enterprises in the rankings still realized growth of about 30%. The
performance of some enterprises such as Evergrande, Country Garden and
Greenland almost doubled.
Evergrande and Vanke maintained competition for the leading position
It is noteworthy that the rankings indicated that Evergrande and Vanke
have respectively maintained the leading positions in terms of sales area and
sales amount, continuing the competition for the leading position since the
beginning of this year. According to the statistics, the sales amount of Vanke
and Evergrande in the first half-year was respectively 35.5 billion and 21.1
billion yuan. Vanke was the only real estate enterprise of which the sales
amount exceeded 30 billion yuan.
However, the sales area of Evergrande and Vanke was respectively 3.32
million square meters and 2.94 million square meters in the first half of this
year. Evergrande was the only enterprise of which the sales area in the first
half-year exceeded 3 million square meters, maintaining the dominant position
in sales area.
Research institutions hold the opinion that the competition between
Evergrande and Vanke has been in a stalemate. According to the statistics,
since the first quarter of this year, Evergrande has surpassed Vanke in terms
of sales area, and Vanke has maintained the leading position in terms of sales
amount. Generally speaking, in several rankings, the two leading positions of
sales area and sales amount belong to Evergrande and Vanke.
Research institutions hold the opinion that Evergrande has been the leader
again in terms of sales area since the first quarter of this year, and is the
only enterprise hitting new highs in performance every month. Link-relative
rate of sales amount and sales area still keep growing for Evergrande every
month in the adjustment of the real estate market in the first half of this
year among all enterprises in the rankings (except February during the Spring
Festival). The size of sales area of a single project of Evergrande is
generally relatively large. The sales amount has increased by about 100%
compared with that of the first half of 2009, demonstrating the posture of
outshining others in the adverse situation. Sufficient land reserve, low cost
and strong execution will become the driving force of Evergrande for further
breakthroughs. It is hopeful that the construction volume of the enterprise
can exceed the expectation of the market, which may support the continuation
of sales growth in 2010.
For more information, please contact:
Jimmy
Tel: +86-10-5953-9521
Fax: +86-10-5895-1005
Email: zhoumi8@gmail.com
SOURCE Sina Leju
