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          Glorious Property Holdings Limited
          HOME簡(jiǎn)體·繁體·ENGLISH
          Group News HOME >> News Center >>Group News
          Monthly Newsletter(10 May 2013)
          Time:2013.05.10 Source: View Count:

          1. Contracted Sales in April 2013

          In April 2013, the Group recorded contracted sales of RMB 494.4 million, representing a year-on-year decrease of 55.7%. The total contracted sold area was 53.7 thousand sq.m., representing a year-on-year decrease of 41.2%.

          From January to April, the total contracted sales and contracted sold area amounted to RMB 3.0 billion and 237.2 thousand sq.m., representing an increase of 11.4% and a decrease of 30.2% respectively as compared to the same period of last year. The average contracted selling price for the first four months was RMB 12,765.9 per sq.m.

          From January to April, Shanghai Region recorded the highest contracted sales amount of RMB 1.9 billion, increased by 31.5% year-on-year.

          2. New Land Acquisition in April

          The Group did not acquire any new land in April 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 April 2013

          Region

          Contracted Sales (RMB‘000)

          Contracted Sold GFA (sq.m.)

          Shanghai Region

          156,578

          6,237

          Yangtze River Delta

          206,170

          24,807

          Pan Bohai Rim

          14,280

          2,488

          Northeast China

          117,360

          20,143

          Total

          494,388

          53,675

           

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