Aoyuan Achieves Contracted Sales of Approximately RMB2.09 Billion for the First Three Months in 2014; Up 84% Y-o-Y
Date:2014-04-04
(3 April 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 RMB2.09 billion, with contracted gross floor area (GFA) amounting to approximately 205,000 sq.m., representing y-o-y increase of approximately 84% and 10%, respectively, for the first three months in 2014. Average selling price increased by approximately 68% y-o-y to RMB10,187 per sq.m.. Commercial properties contributed approximately 58% of the total contracted sales.