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CIFI Holdings (Group) Co. Ltd.(HKEx:884) -- Corporate Monthly Newsletter -- December 2013

CIFI Holdings (Group) Co. Ltd.
2014-01-06 09:30 3346

HONG KONG, Jan. 6, 2014 /PRNewswire/ --

Contracted Sales

  • From January to December 2013, the Group achieved contracted sales and contracted GFA of approximately RMB 15.32 billion and 1,428,000 sq.m., respectively. Contracted ASP from January to December 2013 was approximately RMB 10,730/sq.m. During the period, breakdowns of the Group's contracted sales were as follow:
By Region  RMB'billion  % of total 
Yangtze River Delta 8.85 58%
Pan Bohai Rim 4.67 30%
Central Western Region 1.80 12%

 

By Product  RMB'billion  % of total 
Residential 11.87 77%
Office 3.45 23%
  • The Group's contracted sales in the first twelve months of 2013 represented a year-on-year increase of approximately 61% over the contracted sales in the same period in 2012, surpassing the Group's full year 2013 contracted sales target of RMB 14 billion.
  • In December 2013, the Group achieved contracted sales of approximately RMB 1.07 billion with contracted GFA of approximately 92,000 sq.m. Contracted ASP in December 2013 was approximately RMB 11,630/sq.m. The Group's contracted sales for December 2013 represented a year-on-year increase of approximately 7% (compared to December 2012).

Land Acquisition

  • In December 2013, the Group successfully purchased the following new projects:
City  Project  Group's Equity Interest  Intended Primary Use  Site Area
(sq.m.) 
Total Planned GFA Excluding Carpark (sq.m.)  Group's Attributable Consideration (RMB)  Average
Land Cost (RMB/
sq.m.) 
Shanghai Ginshan District New Town Project 50% Residential 108,400 195,100 352,005,000 3,608
Changsha Yuhua District Hualing Project 100% Residential, Office and Commercial 95,400 267,100 984,924,593 3,687
Source: CIFI Holdings (Group) Co. Ltd.
Related Stocks:
HongKong:0884
Keywords: Real Estate
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