Aoyuan Achieves Contracted Sales of Approximately RMB1.38 Billion for the first two months in 2014; Up 146% Y-o-Y
Date：2014-03-04
(3 March 2014 - Hong Kong) China Aoyuan Property Group Limited ("Aoyuan" or the "Company", Stock Code 3883), a leading property developer in Guangdong Province in China, is pleased to announce that the Company achieved contracted sales totaling approximately RMB1.38 billion, with contracted gross floor area (GFA) amounting to approximately 121,200 sq.m., representing y-o-y increase of 146% and 30%, respectively, in the first two months in 2014. Average selling price increased by 89% year-on-year to RMB11,410 per sq.m.. Commercial properties contributed approximately 69% of the total contracted sales.
In February 2014, Aoyuan recorded contracted sales of approximately RMB405.24 million, up 22%, with contracted GFA of approximately 48,500 sq.m., a similar level compared with the same period last year.