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Yanlord announces over 75% y-o-y increase in precontracted sales in August

Lim Hui Jie
Lim Hui Jie9/8/2020 04:23 PM GMT+08  • 1 min read
Yanlord announces over 75% y-o-y increase in precontracted sales in August
Yanlord Land Group has announced a 75.6% y-o-y increase in pre-contracted sales to approximately RMB12.03 billion ($2.40 billion) in August.
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Yanlord Land Group has announced a 75.6% y-o-y increase in pre-contracted sales to approximately RMB12.03 billion ($2.40 billion) on contracted gross floor area (GFA) of 280,819 square meters (sqm) in August.

In a release on September 8, the group said this is in comparison to the 4.81 billion of precontracted sales on 159,933 sqm of GFA in August 2019.

The bulk of its sales was contributed by the Chinese cities of Suzhou, Nanjing, Shenzhen, Shanghai, and Hangzhou, which accounted for around 78.5% of the total contracted pre-sales for the company.

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