(5 Apr 2017 - Hong Kong) China Aoyuan Property Group Limited (“Aoyuan” or the “Company”, Stock Code: 3883), a renowned property developer in China, is pleased to announce that the Company recorded contracted sales totaling approximately RMB6.06 billion, with contracted gross floor area (GFA) sold amounting to approximately 523,000 sq.m., representing y-o-y increases of 61% and 12%, respectively, in the first quarter of 2017. Average selling price amounted to RMB11,580 per sq.m..

 

In March 2017, Aoyuan achieved contracted sales totaling approximately RMB2.27 billion, up 47% y-o-y. Contracted gross floor area (GFA) amounted to approximately 181,000 sq.m..