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Glorious Property Holdings Limited
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Monthly Newsletter (04 Feb 2013)
Time:2013.02.04 Source: View Count:

1. Contracted Sales in January 2013

In January 2013, the Group recorded contracted sales of RMB 1.5 billion, representing a year-on-year increase of 2.6 times. The total contracted sold area was 92.8 thousand sq.m., representing a year-on-year increase of 16.0%.

In January, Shanghai Region recorded the highest contracted sales amount of RMB 1.25 billion, increased by 2.7 times year-on-year .

 

2. New Land Acquisition in January

The Group did not acquire any new land in January 2013. At present, the Group’s total land bank is sufficient to meet its development needs for over the next five years.

Table I: Contracted Sales for January 2013

Region

Contracted Sales (RMB‘000)

Contracted Sold GFA (sq.m.)

Shanghai Region

1,250,933

54,566

Yangtze River Delta

157,846

23,009

Pan Bohai Rim

30,051

4,294

Northeast China

64,331

10,905

Total

1,503,161

92,774

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