Modern Land (China) (01107) said its contracted sales amounted to about Rmb1,189 million in the first quarter of 2014, of which, contracted sales of properties amounted to around Rmb1,134 million, up 43% year-on-year, whereas contracted sales of car parking spaces amounted to about Rmb55 million.
Gross floor area (GFA) pre-sold for properties was about 109,800 square metres with an average selling price of around Rmb10,329 per square metre, an increase of about 13% and 26% year-on-year. 289 car parking spaces were pre-sold with an average selling price of around Rmb190,266 per car parking space.
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