Yuexiu Property’s June Contracted Sales Rise 24.9% to RMB 13.49 Billion; Secures Two Guangzhou Residential Plots

Bulletin Express07-06 18:04

Yuexiu Property Company Limited reported robust sales momentum in June 2026, with contracted sales (inclusive of joint ventures and associates) totaling RMB 13.49 billion, a 24.90% year-on-year increase. Contracted gross floor area (GFA) reached 489,200 sq.m., up 67.0% from the same period last year.

For the first half of 2026, aggregated contracted sales amounted to RMB 50.51 billion, representing a 17.90% decline versus the prior-year period, while cumulative GFA climbed 16.20% to 1,698,700 sq.m.

Land-banking activity accelerated in Guangzhou: • June 2026 – The company, via a 95.475%-owned subsidiary, acquired a 36,000 sq.m. residential site in Pazhou, Haizhu District, through public auction. The land premium attributable to Yuexiu Property’s effective stake was approximately RMB 1.31 billion.

• March 2026 (update) – Through a 51.39%-owned subsidiary, Yuexiu Property secured a 146,200 sq.m. residential plot in Panyu District via urban renewal, with an attributable land premium of about RMB 1.24 billion.

All figures are unaudited and subject to potential adjustment in forthcoming interim and full-year financial statements.

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