Central China Real Estate Logs 21% Increase in March Contracted Sales

MT Newswires Live
04-11

Central China Real Estate (HKG:0832) recorded property contracted sales of 540 million yuan in March, up 21% from a year prior, a Thursday filing with the Hong Kong bourse said.

Sold gross floor area for the month increased by 43% to 97,327 square meters, with average selling price falling 15% to 5,548 yuan per square meter.

For the three months ended March 31, contracted sales rose 15% to 2.11 billion yuan, while sold GFA fell 23% to 352,726 square meters.

Price (HKD): $0.09, Change: $-0.0010, Percent Change: -1.09%

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