Aoyuan Achieves Contracted Sales of Approximately RMB8.58 Billion for the First Ten Months of 2014; Up 31% Y-o-Y
Date：2014-11-07
(7 November 2014 - 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 achieved unaudited contracted sales totaling approximately RMB8.58 billion, with contracted gross floor area (GFA) amounting to approximately 934,800 sq.m., representing y-o-y increases of approximately 31% and 33%, respectively, for the first ten months of 2014. Average selling price amounted to RMB9,180 per sq.m., a similar level compared with the same period last year. Commercial properties contributed approximately 48% of the total contracted sales.
In October 2014, Aoyuan recorded contracted sales of approximately RMB1.23 billion, with contracted GFA of approximately 141,400 sq.m., up approximately 19% and 55% y-o-y, respectively.