HONG KONG, CHINA - Media OutReach - 6 August 2020 - In July 2020, the Group achieved contracted sales of RMB21.99 billion, representing a year-on-year increase of approximately 51% (compared to July 2019). GFA sold under contracts amounted to approximately 1,531,900 sq.m. Contracted ASP was approximately RMB 14,400 / sq.m. in July 2020. From January to July 2020, the Group achieved contracted sales of RMB 102.72 billion. GFA sold under contracts amounted to approximately 6,427,800 sq.m. Contracted ASP was approximately RMB 16,000 / sq.m. from January to July 2020. Land Acquisition In July 2020, the Group completed the following land acquisitions: City Project Group’s Equity Interest Intended Primary Use Site Area (sq.m.) Total Planned GFA (Excluding Carpark) (sq.m.) Group’s Attributable Consideration (RMB) Average Land Cost (Excluding Carpark) (RMB/ sq.m.) Guiyang Qinglong Avenue Project in Baiyun District 100% Residential 77,700 199,800 633,540,000 3,171 Kunming Yanjia Shan Project in Panlong District 100% Residential/ Commercial 151,700 515,300 3,211,760,000 6,232 Kunming KCJ2020-23 Project in Chenggong District 100% Residential 46,700 116,800 553,980,000 4,744 Nanjing G30 Fenghui Road Project in Yuhuatai District 40% Residential/ Commercial 47,300 118,200 544,000,000 11,504 Nanjing Phase II of G37 Fenghui Road Project in Yuhuatai District 40% Residential/ Commercial 45,600 109,900… Read full this story
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