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00272 SHUI ON LAND
RTNominal up0.710 +0.020 (+2.899%)
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06/09/2019 16:52

Shui On Land (00272) Aug property sales down 84%

[ET Net News Agency, 6 September 2019] Shui On Land Limited (00272) said in August
2019, contracted property sales amounted to RMB322 million, a year-on-year decrease of
84.38%. The sales comprise residential property sales of RMB237 million and commercial
property sales of RMB85 million, respectively. In August 2019, total gross floor area
(GFA) of contracted property sales were 11,400 square metres (sq.m.) and 50 units of
carpark. The average selling price of the signed contracts respecting property sales for
August 2019 was RMB29,900 per sq.m.
Accumulated contracted property sales amounted to RMB4,296 million for the first eight
months of 2019. The sales comprise residential property sales of RMB4,060 million and
commercial property sales of RMB236 million, respectively. Aggregated GFA sold for
contracted property sales reached 223,600 sq.m. with the average selling price of
RMB19,200 per sq.m. In addition, 443 units of carpark were sold in the first eight months
of 2019. (RC)

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