[ET Net News Agency, 5 July 2019] Shui On Land Limited (00272) said in June 2019,
contracted property sales amounted to RMB421 million. The sales comprise residential
property sales of RMB371 million and commercial property sales of RMB50 million,
respectively. Total GFA of contracted property sales were 19,500 sq.m. and 53 units of
carpark. The average selling price of the signed contracts respecting property sales was
RMB21,700 per sq.m.
Accumulated contracted property sales amounted to RMB3,422 million for the first six
months of 2019, a year-on-year decrease of 42.77%. The sales comprise residential property
sales of RMB3,277 million and commercial property sales of RMB145 million, respectively.
Aggregated GFA sold for contracted property sales reached 188,400 sq. m. with the average
selling price of RMB18,200 per sq. m. In addition, 339 units of carpark were sold in the
first six months of 2019.
As of 30 June 2019, the group had recorded a total of RMB339 million of subscribed
sales, which is expected to be subsequently turned into contracted property sales in the
following months. (RC)