[ET Net News Agency, 9 January 2020] Shui On Land Limited (00272) said the accumulated
contracted property sales amounted to RMB12,501 million for the year of 2019. These
comprise residential property sales of RMB12,183 million and commercial property sales of
RMB318 million, respectively. Aggregated gross floor area (GFA) sold for contracted
property sales reached 409,600 square metres (sq.m.) with the average selling price of
RMB30,500 per sq.m. In addition, 816 units of carpark were sold in the year of 2019.
In December 2019, contracted property sales amounted to RMB4,984 million, a year-on-year
increase of 171.61%. These comprise residential property sales of RMB4,939 million and
commercial property sales of RMB45 million, respectively.
In December 2019, total GFA of contracted property sales were 69,200 sq.m. and 28 units
of carpark.
The average selling price of the signed contracts respecting property sales for December
2019 was RMB72,000 per sq.m.
In addition to the contracted property sales, as of 31 December 2019, the group had
recorded a total of RMB2,912 million of subscribed sales, which is expected to be
subsequently turned into contracted property sales in the following months. (RC)