[ET Net News Agency, 7 September 2018] Shui On Land (00272) said its contracted
property sales amounted to RMB2,061 million in August, comprising residential property
sales of RMB2,041 million and commercial property sales of RMB20 million, respectively.
Total gross floor area (GFA) of contracted property sales were 15,600 square metres and
21 units of carpark in August. The group's average selling price of the signed contracts
respecting property sales for August was RMB128,900 per square metre.
Accumulated contracted property sales and other assets disposal amounted to RMB17,821
million for the first eight months of 2018, comprising residential property sales of
RMB9,974 million, commercial property sales of RMB98 million and other assets disposal of
RMB7,749 million, respectively. Aggregated GFA sold for contracted property sales reached
253,100 square metres with the average selling price of RMB39,800 per square metres. In
addition, 195 units of carpark were sold in the first eight months of 2018. Contracted
property sales amounted to RMB17,821 million for the first eight months of 2018, up 62.5%
year-on-year.
As of 31 August 2018, the group had recorded a total of RMB495 million of subscribed
property sales, which is expected to be subsequently turned into contracted property sales
in the following months. (SC)