Categories: News

Contracted Sales of RMB15.72B in April 2019, YoY growth of 43% ; Contracted Sales of RMB50.13B in first 4M 2019, YoY growth of 31%

HONG KONG, CHINA -�Media OutReach  - 7 May 2019 - 
  • In
    April 2019, the Group achieved the contracted sales of approx. RMB15.72
    billion, representing a YoY increase of approx. 43% (compared to April
    2018). Contracted GFA amounted to approx. 904,700 sq.m. and contracted ASP
    was approx. RMB17,400/sq.m. in April 2019.
  • From
    January to April 2019, the Group achieved contracted sales of approx.
    RMB50.13 billion, representing a YoY increase of approx. 31%. Contracted
    GFA amounted to approx. 2,841,700 sq.m. and contracted ASP was approx.
    RMB17,600/sq.m. from January to April 2019.

Land
Acquisition

  • In April 2019, the Group completed
    the following land acquisitions:

City

Project

Group’s
Current 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.)

Tianjin

Ninghe District,

Liangku Project

100%

Residential

28,700

57,300

269,000,000

4,692

Tianjin

Binhai New Area, Tanggu Bay No. 7 Project

100%

Residential

34,500

51,800

262,400,000

5,067

Xi’an

Weiyang District,

Chanba Road 1 Project

100%

Residential

92,000

299,800

1,234,000,000

4,117

Chengdu

Xindu District,

123 acres Project

100%

Residential,
Commercial

82,500

273,800

619,030,000

2,261

Chengdu

Jianyang City, Hedong New Area, 77 acres Project

100%

Residential

51,700

206,600

1,161,250,000

5,620

Hefei

Binhu Area,

No. 2019-12 Project

100%

Residential

50,600

119,000

1,730,750,000

14,550

Hefei

Yaohai District,

No. E1805 Project

33%

Residential

49,500

109,000

214,600,000

5,966

Taiyuan

Jiancaoping District,

Sanjipian Area,

SP1919-SP1928 Project

35%

Residential

672,700

2,520,000

1,695,750,000

1,923

 

Disclaimer:

All information contained in this newsletter is meant for
your own reference only, and is not intended to, nor should it, constitute any
investment advice.  Any information contained in this newsletter,
including those relating to contracted sales or land bank of CIFI Holdings
(Group) Co. Ltd. (the
Company), may be subject to change as a result of
changes in our development, sales and investment processes and may not be
consistently reflected in our financial reports. The Company expressly
disclaims any liability for any of your loss or damage howsoever arising from
or in reliance upon the contents of this newsletter. 

Miscw.com

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