Central China Real Estate (00832) said it achieved property contracted sales of Rmb675 million in march, representing a year-on-year decrease of 33.3%, with a contracted sales gross floor area (GFA) of 110,789 square metres, down 17.5% year-on-year.
The average selling price for March amounted to Rmb6,097 per square metre, representing a year-on-year decrease of 19.1%.
For the three months ended 31 March 2014, the Group achieved total property contracted sales of Rmb1,527 million, a decrease of 51.3% year-on-year, with a total contracted sales GFA of 225,838 square metres, down 48.7% year-on-year. The average selling price for the period amounted to Rmb6,759 per square metre, representing a year-on-year decrease of 5.1%.