Aoyuan Achieves Contracted Sales of Approximately RMB5.15 Billion for the First Six Months in 2014; Up 38% Y-o-Y
Date：2014-07-03
(3 July 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 RMB5.15 billion, with contracted gross floor area (GFA) amounting to approximately 538,800 sq.m., representing y-o-y increase of approximately 38% and 16%, respectively, for the first six months in 2014. Average selling price increased by approximately 19% y-o-y to RMB9,561 per sq.m.. Commercial properties contributed approximately 55% of the total contracted sales.
In June 2014, Aoyuan recorded contracted sales of approximately RMB1.72 billion, up 111% m-o-m, and at similar level compared with the same period last year, with contracted GFA of approximately 184,200 sq.m., up 101% m-o-m and 27% y-o-y .