Yuexiu Real Estate (00123) announced that in March 2024, the company achieved contract sales (along with joint ventures and joint ventures...
According to the Zhitong Finance App, Yuexiu Real Estate (00123) announced that in March 2024, the company achieved contract sales (along with contract sales of joint ventures and joint venture projects) of about RMB 11.341 billion, a year-on-year decrease of about 46.6%, and achieved a contract sales area of about 330,900 square meters, a year-on-year decrease of about 47.6%.
From January to March 2024, the company's cumulative contract sales amount (along with contract sales for joint ventures and joint venture projects) was approximately RMB 21.702 billion, a year-on-year decrease of about 50.5%. The cumulative contract sales area was about 704,500 square meters, a year-on-year decrease of about 44.7%. The cumulative contract sales amount accounts for about 14.8% of the 2024 contract sales target of RMB 147 billion.
In March 2024, the company obtained an actual interest of about 95.00% of a plot of land in Shanghai through public listing. The plot is located in Yangpu District, Shanghai, with a total construction area of about 26,278 square meters. The planned use is residential land. The land price representing the actual interests of the company is approximately RMB 716 million.
In March 2024, the company obtained an actual interest of about 51.39% of a plot of land in Guangzhou through urban renewal. The plot is located in Panyu District, Guangzhou, with a total construction area of about 136,300 square meters. The planned use is residential land. The price of land representing the actual interests of the company is approximately RMB 1.13 billion.