China Merchants Land Limited (Stock Code: 978) disclosed that, for the nine months ended 30 September 2025, total contracted sales by the company, its associated companies, and joint venture companies reached approximately RMB25,662 million, reflecting a year-on-year decrease of about 8.44%. The contracted sales area was around 994,540 square meters, indicating a year-on-year drop of around 23.26%. The average selling price in this period was about RMB25,803 per square meter, translating to a year-on-year rise of approximately 19.32%.

From 1 July to 30 September 2025, contracted sales amounted to around RMB9,569 million, recording a year-on-year increase of about 14.70%. The contracted sales area over this quarter was around 273,582 square meters, marking a year-on-year decrease of approximately 36.03%. The average selling price in this period reached about RMB34,978 per square meter, showing a year-on-year increase of roughly 79.29%.