Despite government efforts to rein in the housing market, China's top property players delivered strong performances in the first half of 2011.
China's biggest listed property company, Vanke, remains top dog in the country's top 30 home sellers by revenue in the first half of this year, according to the semi-annual report on the sales of property developers released by the China Real Estate Information Corporation (CRIC) and China Real Estate Appraisal(CREA).
The report recorded the half-year sales revenue and sales area of new homes in nearly 100 major cities by Chinese property developers whose operations are mainly focused on the mainland.
Vanke raked in 64.4 billion yuan in sales revenue, up by 81 percent for over the same period last year. It was followed by Evergrande Group (42.9 billion yuan) and China Overseas Land & Investment (42.1 billion yuan).
Evergrande, with a stunning growth rate of 103 percent in sales revenue from January to June, almost equalized its sales record of 50 billion yuan for the full year of 2010. In addition, the company was number one on the top 30 list by sales area, with a total of 6.2 million square meters sold in the first six months this year, an 86.75 percent increase.
The top 10 property developers on the list reported sales revenue of 332.3 billion yuan, an increase of 80 percent for over the same period last year. The threshold for the top 10 by revenue and sales area are 15. 6 billion yuan and 1.16 million square meters respectively, up by 48 percent and 25 percent.
Of the top 10 companies by revenue, seven reported semi-year sales exceeding 20 billion yuan.
The sales revenue and area thresholds for top 10 and top 20 Chinese property developers in the first half of 2011 [bj.house.sina.com.cn] |
Rank |
Company |
Headquarter |
Sales Revenue (bln yuan) |
Sales Area (mln sq m) |
1 |
China Vanke Co., Ltd. 万科企业股份有限公司 |
Guangdong 广东 |
64.4 |
5.57 |
2 |
Evergrande Real Estate Group 恒大地产集团有限公司 |
Guangdong 广东 |
42.9 |
6.20 |
3 |
China Overseas Land & Investment (COLI) 中国海外发展有限公司 |
Hong Kong 香港 |
42.1 |
3.07 |
4 |
Poly Real Estate Group 保利房地产(集团)股份有限公司 |
Guangdong 广东 |
38.5 |
3.34 |
5 |
Shanghai Greenland Group 上海绿地(集团)有限公司 |
Shanghai 上海 |
35.6 |
3.52 |
6 |
Dalian Wanda Commercial Properties 大连万达集团股份有限公司 |
Liaoning 辽宁 |
34.0 |
2.70 |
7 |
Country Garden Holdings 碧桂园控股有限公司 |
Guangdong 广东 |
21.4 |
3.45 |
8 |
Longfor Properties Co. Ltd 龙湖地产有限公司 |
Beijing 北京 |
19.2 |
1.33 |
9 |
Greentown China Holdings Limited 绿城中国控股有限公司 |
Zhejiang 浙江 |
18.6 |
0.84 |
10 |
Aglile Property Holdings Limited (Agile Property) 雅居乐地产控股有限公司 |
Guangdong 广东 |
15.6 |
1.38 |
11 |
Guangzhou R&F Properties Co., Ltd 广州富力地产股份有限公司 |
Guangdong 广东 |
14.3 |
0.94 |
12 |
Shimao Property Holdings Limited (Simao Property) 世茂房地产控股有限公司 |
Hong Kong 香港 |
14.2 |
1.09 |
13 |
China Resources Land Limited 华润置地有限公司 |
Hong Kong 香港 |
13.2 |
1.12 |
14 |
CITIC Real Estate Co., Ltd. 中信房地产股份有限公司 |
Beijing 北京 |
12.8 |
1.08 |
15 |
Sino-Ocean Land Holdings Limited (SORED) 远洋地产控股有限公司 |
Beijing 北京 |
12.0 |
0.80 |
16 |
Gemdale Corporation 金地(集团)股份有限公司 |
Guangdong 广东 |
10.5 |
0.76 |
17 |
China Merchants Property Development Co., Ltd. (CMPD) 招商局地产控股股份有限公司 |
Guangdong 广东 |
10.0 |
0.60 |
18 |
Poly (Hong Kong) Investments Limited 保利香港投资有限公司 |
Hong Kong 香港 |
8.2 |
1.16 |
19 |
Rong Qiao Group 融侨集团股份有限公司 |
Fujian 福建 |
7.9 |
0.57 |
20 |
Chongqing Jinke Group 金科实业(集团)有限公司 |
Chongqing 重庆 |
7.2 |
0.96 |
21 |
Kamfei Group 金辉集团 |
Beijing 北京 |
6.8 |
0.65 |
22 |
China Railway Group Limited 中国中铁股份有限公司 |
Beijing 北京 |
6.4 |
0.91 |
23 |
KWG Property Holding Limited 合景泰富地产控股有限公司 |
Guangdong 广东 |
6.3 |
0.54 |
24 |
Wharf (Holdings) Limited 九龙仓集团有限公司 |
Hong Kong 香港 |
6.2 |
- |
25 |
Jiangsu Future Land Co. 新城控股集团有限公司 |
Shanghai 上海 |
6.0 |
0.61 |
26 |
Shanghai Forte Land Co. 复地(集团)股份有限公司 |
Shanghai 上海 |
5.9 |
0.59 |
27 |
COFCO Property (Group) Co., Ltd 中粮地产(集团)股份有限公司 |
Beijing 北京 |
5.8 |
- |
28 |
Beijing Capital Development,Co.,Ltd. 北京首都开发股份有限公司 |
Beijing 北京 |
5.7 |
- |
29 |
Glorious Property Holdings Limited 恒盛地产控股有限公司 |
Shanghai 上海 |
5.7 |
0.58 |
30 |
Shui On Land Limited 瑞安房地产有限公司 |
Shanghai 上海 |
5.3 |
0.21 |
Also view Top 20 property developers in China
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