The development of residential and commercial properties for sale in the mainland of the People's Republic of the China (the "PRC" or "China") (the "Mainland Property Business") was founded in 2007 by CCT Fortis Holdings Limited ("CCT Fortis"), our previous controlling shareholder, and was assigned into the Group in 2013. Through years of efforts, we have built up a reputable brand name in the property sector in Anshan and has become a reputable developer in the local market. All our property projects are located in Anshan City, Liaoning Province, China and comprise the following projects:
Situated in the Tiexi District of the Anshan City, Landmark City enjoys convenient transport access and well-developed comprehensive ancillary facilities, and the project provides comfortable design, and high ratio of greenery and common areas. The project comprises residential buildings, underground car parks and retail shops, with a total gross floor area of approximately 212,000 square meters, built on a site area of 69,117 square meters.
Landmark City is divided into three phases, comprising 22 residential towers, offering 2,084 flats, in aggregate with wide range of sizes from one-bedroom to four-bedroom apartments. Development of the entire Landmark City project has been completed, with the last phase of the project - Phase 3 completed in 2013.
Situated in the Hi-tech Development Zone of the Anshan City, Evian Garden is positioned as a luxurious residential community. Since first launch of the project, the development has received strong market response and have been well praised by the customers for its superior quality, top-notched design, a greenery ratio of over 40% and premium materials. In particular, the beautiful premier water system-an artificial lake in the center of the estate has received accolades from customers and buyers. In December 2015, the project was awarded by the Anshan Television as the "Best Low-rise Development".
The project has a site area of 74,738 square meters and is divided into two phases, comprising 27 blocks of low-rise apartment buildings, under-ground car parking spaces and retail shops with total gross floor area of 126,000 square meters. Phase 1 comprises 14 blocks of gross floor area of 63,000 square meters and Phase 2 comprises 13 blocks of gross floor area of 63,000 square meters. Evian Villas provide flats and duplex apartments of 670 units in aggregate, comprising 291 units for Phase 1 and 379 units for Phase 2, with wide range of flat types. Development of the Phase 1 was completed in 2011. Development of Phase 2 was commenced in early 2014 and was completed in 2015. Presale was launched in 2015 and was well received.
The Evian Garden project is located in the land lot site "DN1" of Hi-tech Development Zone, Anshan, adjacent to the Evian Villa project. Planning of the project development is in progress and construction is planned to commence in 2016. With a site area of approximately 83,000 square meters, the project will be developed into high-end property project comprising luxurious terraced houses and villas, retail shops and car parks, with a total gross floor area of approximately 280,000 square meters.