Already Surpassed the 2012 Full Year Contracted Sales
HONG KONG, Oct. 3, 2013 /PRNewswire/ -- China Aoyuan Property Group Limited ("Aoyuan" or the "Company", together with its subsidiaries the "Group"; Stock Code: 3883), one of the renowned property developers in China, is pleased to announce the contracted sales for September 2013.
For the first nine months ended 30 September 2013, Aoyuan achieved total contracted sales of approximately RMB5.65 billion, up 65.6% YoY, and achieved 75.3% of the full year sales target RMB7.5 billion, and already outperformed last year's full year contracted sales RMB5.25 billion; the total contracted gross floor area (GFA) sold was approximately 644,200 sq. m., up 17.3% YoY. Average selling price for the period was approximately RMB8,800 per sq. m., up 41.2% YoY. Commercial properties contributed to approximately 38.1% of total sales for the first nine months.
In September 2013, Aoyuan achieved total contracted sales of approximately RMB778 million, up by 14.4% YoY, and the total contracted GFA sold was approximately 82,200 sq. m. The average selling price in September reached approximately RMB9,600 per sq. m.
