HONG KONG, June 3, 2013 /PRNewswire/ --
Contracted Sales
- From Jan to May 2013, the Group achieved contracted sales and contracted GFA of approximately RMB 5.69 billion and 575,000 sq.m., respectively. Contracted ASP from Jan to May 2013 was approximately RMB 9,900 /sq.m.
- The Group's contracted sales in the first five months of 2013 represents a year-on-year increase of 126% over the contracted sales in the same period in 2012. During the first five months of 2013, the Group completed approximately 46% of its full year 2013 contracted sales target (made in the beginning of this year) of RMB 12.5 billion.
- In May 2013, the Group achieved contracted sales of approximately RMB 1.21 billion and contracted GFA of approximately 130,000 sq.m. Contracted ASP in May 2013 was approximately RMB 9,300 /sq.m. The Group's contracted sales for May 2013 represents a year-on-year increase of approximately 73% (compared to May 2012).
Land Acquisition
- In May 2013, the Group successfully purchased the following new projects through public auctions/tenders:
| City |
Project |
Group's equity interest |
Intended primary use |
Site area
(sq.m.) |
Planned GFA excluding carpark (sq.m.) |
Consideration (RMB) |
Average land cost (RMB/sq.m.) |
| Hangzhou |
Binjiang District Olympic & International Expo Center Site |
50% * |
Residential, Office and Commercial |
58,800 |
264,600 |
3,565,000,000 |
13,473 |
| Hangzhou |
Yuhang District Chongxian Xincheng No. 18 Site |
100% |
Residential |
35,300 |
88,300 |
365,000,000 |
4,134 |
| Hangzhou |
Yuhang District Chongxian Xincheng No. 24 Site |
100% |
Residential |
86,700 |
216,700 |
763,000,000 |
3,521 |
* Hangzhou Binjiang Site Joint Venture is subject to finalization. Please refer to the Company's announcement dated 22 May 2013.
Disclaimer
- All information contained in this newsletter is meant for your own reference only, and is not intended to, nor should it, constitute any investment advice. Any information contained in this newsletter, including those relating to contracted sales or land bank of CIFI Holdings (Group) Co. Ltd. (the "Company"), may be subject to change as a result of changes in our development, sales and investment processes and may not be consistently reflected in our financial reports. The Company expressly disclaims any liability for any of your loss or damage howsoever arising from or in reliance upon the contents of this newsletter.
Source: CIFI Holdings (Group) Co. Ltd.
