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          Glorious Property Holdings Limited
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          Group News HOME >> News Center >>Group News
          Monthly Newsletter(08 Apr 2013)
          Time:2013.04.08 Source: View Count:

          1. Contracted Sales in March 2013

          In March 2013, the Group recorded contracted sales of RMB 736.6 million, representing a year-on-year increase of 31.0%. The total contracted sold area was 67.9 thousand sq.m., representing a year-on-year decrease of 20.1%. The average contracted selling price was RMB 10,843.0 per sq.m.

          From January to March, the total contracted sales and contracted sold area amounted to RMB 2.5 billion and 183.5 thousand sq.m., representing an increase of 58.1% and a decrease of 26.2% respectively as compared to the same period of last year. The average contracted selling price for the first three months was RMB 13,805.7 per sq.m.

          From January to March, Shanghai Region recorded the highest contracted sales amount of RMB 1.7 billion, increased by 1.2 times year-on-year.

          2. New Land Acquisition in March

          The Group did not acquire any new land in March 2013. At present, the Group has a total land bank of approximately 16.2 million sq.m., which is sufficient to meet its development needs for over the next five years.

          Table I: Contracted Sales for March 2013

          Region

          Contracted Sales (RMB‘000)

          Contracted Sold GFA (sq.m.)

          Shanghai Region

          297,707

          9,096

          Yangtze River Delta

          257,880

          29,965

          Pan Bohai Rim

          60,120

          8,437

          Northeast China

          120,850

          20,431

          Total

          736,557

          67,929

           

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