China Overseas Land & Investment Reports RMB18.33 Billion in August Sales, Marking 0.7% Year-on-Year Decrease
Reuters
Sep 04
China Overseas Land & Investment Reports RMB18.33 Billion in August Sales, Marking 0.7% Year-on-Year Decrease
China Overseas Land & Investment Limited has released its property sales and land acquisition updates for the eight months ending 31 August 2025. The company reported contracted property sales amounting to approximately RMB18.330 billion for August 2025, reflecting a year-on-year decrease of 0.7%. However, the sales area for the same period saw a year-on-year increase of 27.7%, totaling around 888,500 square meters. Cumulatively, from January to August 2025, the accumulated contracted property sales reached approximately RMB150.331 billion, with a corresponding sales area of approximately 6,668,500 square meters. This represents a year-on-year decline of 16.5% in sales value and a slight decrease of 0.2% in sales area. As of 31 August 2025, the company recorded subscribed property sales of approximately RMB5.363 billion, which are anticipated to convert into contracted property sales in the upcoming months. The regional breakdown of contracted property sales for August 2025 shows significant variations, with the Northern Region leading at RMB56.73 billion and a sales area of 23.68 million square meters, while the Hong Kong, Macau, and Overseas Region marked the lowest at RMB0.49 billion and a sales area of 0.02 million square meters.
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