Central China Real Estate's Contracted Sales Edges Down in September

MT Newswires Live2024-10-15

Central China Real Estate (HKG:0832) reported property contracted sales of 720 million yuan in September, up 0.1% year on year, according to a Monday filing with the Hong Kong Exchange.

The contracted gross floor area decreased 3.9% to 108,056 square meters, while the average selling price rose 4.2% to 6,700 yuan per square meter, the filing showed.

From January to September, the total property contracted sales amounted to 6.64 billion yuan, a decrease of 43.7% year over year. The contracted gross floor area slumped 43.9% to 981,394 square meters.

The average selling price was 6,769 yuan per square meter for the nine months.

Price (HKD): $0.15, Change: $+0.0060, Percent Change: +4.08%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment