1. Project Name: Weihai Half-moon Bay Park
2. Project Unit
The registered capital of Weihai Jinpeng Real Estate Development Co.,Ltd. is 15 million US$. The yearly developing ability is 80,000 square meters, and 100% of the construction is up to standard.
3. Construction Conditions
The project is located at the eastern tip of Weihai City, backed by mountain and facing the sea.With a good sea-view effect, the place is one of the few sea-view residential area. The place where the project will be is well equipped with transportation, water and gas facilities.
4. Content and Scale of Construction
The project will cover a land of 500 mu, and the construction area will be 350,000 square meters including 150,000 square meters of high-level apartment and villas and 50,000 square meters of houses for commercial use , 150,000 square meters of medium-leveled houses and 5,000 square meters of kindergarten as well as the other commonweal facilities.
5. Total Investment and Composition of Investment
The total investment is estimated at US$62.40 million with the foreign investment of US$50.36 million.
6. Market Analysis
As the coastal open city and excellent tourism city, Weihai is well conditioned in terms of developing the real estate industry.With the swift development of the economy, the income level of people is consecutively increase. People look forward to the natural living environment due to the pollution, endless stream of people in the urban area.The project can meet the needs of different residents and tourists at different levels .
7. Analysis of Economic Efficiency
Sales Revenue:US$20.80million Investment Recovery:3 years
Recovery Rate:33.3%
8. Cooperation Form: JV
9. Contact Means
a) Liaison Person: Yin Li
b) Tel:0631-5236891 5206982
c) E-mail:
d) Address:20, Wenhua Road(E), Weihai City