Shui On Land September sales decline to 516m yuan

Business | 14 Oct 2019 7:04 pm

Shui On Land (0272) posted its contracted property sales in September dropped 33.7 percent over a year ago to 516 million yuan (HK$572 million), with residential property sales of 512 million yuan and commercial property sales of 4 million yuan, respectively.

The total gross floor area of contracted property sales were 21,900 square meters and 272 units of the carpark, and the average selling price was 23,800 yuan per sqm, the company said.

The accumulated contracted property sales slumped 55.7 percent to 4.81 billion yuan for the first nine months this year, comprising residential property sales of 4.57 billion yuan and commercial property sales of 240 million yuan, respectively. Aggregated GFA sold during the nine months reached 245,500 sqm with an average selling price of 19,600 yuan per sqm.

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