Central China Real Estate has released its latest operational data.

For the month of May, the group achieved contracted property sales of RMB 696 million, representing a year-on-year increase of 1.2%.

The contracted sales floor area for the same period was 105,400 square meters, up 7.0% compared to the previous year.

The average selling price per square meter in May was RMB 6,602, which decreased by 5.4% year-on-year.

Cumulatively for the first five months of the year, the group's total contracted property sales amounted to RMB 2.916 billion.

This represents a year-on-year decline of 14.1% for the five-month period.

The total contracted sales floor area for the period was 443,700 square meters, a decrease of 19.0% compared to the same period last year.

The average selling price per square meter for the January to May period was RMB 6,572, marking a 6.0% increase from the previous year.