Shenzhen Investment Limited (00604) announced that the group's unaudited contracted sales for July 2019 amounted to RMB426 million, representing a decrease of 86.7% MoM and a decrease of 0.7% YoY. The contracted sales area was 18,362 sq.m., down 77.6% MoM and down 10.3% YoY. As the group recorded a large block-sale transaction in the last month, the contracted sales for this month showed a relatively large MoM decline.
For the first seven months of this year, the group recorded total contracted sales of RMB6.862 billion, representing an increase of 44.9% YoY, and the total contracted sales area was 252,959 sq.m., down 10.3% YoY. The average selling price was RMB27,126 per sq.m.
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