Contracted Sales of RMB136.76B in First 9M of 2019, YoY growth of 28%; Completed 72% of Full Year Sales Target (RMB190.0B)
HONG KONG, CHINA - Media OutReach - 10 Oct 2019
-
- In September 2019, the Group achieved contracted sales
of approximately RMB20.00 billion, representing a YoY increase of approximately
30% (compared to September 2018). Contracted GFA amounted to approximately
1,113,700 sq.m. and contracted ASP was approximately RMB18,000/sq.m. in
September 2019.
- From January to September 2019, the Group achieved
contracted sales of approximately RMB136.76 billion, representing a YoY
increase of approximately 28%. Contracted GFA amounted to approximately
8,022,000 sq.m. and contracted ASP was approximately RMB17,000/sq.m. from
January to September 2019.
- During the first nine months of 2019, contracted sales
completed by the Group represented approximately 72% of its full year
target of RMB190.0 billion.
- From January to September 2019, breakdowns of the
Group's contracted sales were as follows:
|
By City
|
RMB (billion)
|
% of total
|
|
Beijing
|
15.76
|
11.5%
|
|
Hangzhou
|
11.35
|
8.3%
|
|
Chongqing
|
9.31
|
6.8%
|
|
Shanghai
|
8.64
|
6.3%
|
|
Wenzhou
|
7.98
|
5.8%
|
|
Suzhou
|
7.64
|
5.6%
|
|
Wuxi
|
6.94
|
5.1%
|
|
Nanjing
|
6.23
|
4.6%
|
|
Hefei
|
6.07
|
4.4%
|
|
Jiaxing
|
4.80
|
3.5%
|
|
Wuhan
|
4.40
|
3.2%
|
|
Shenyang
|
4.14
|
3.0%
|
|
Ningbo
|
4.09
|
3.0%
|
|
Ji'nan
|
3.79
|
2.8%
|
|
Xi'an
|
3.35
|
2.4%
|
|
Tianjin
|
3.32
|
2.4%
|
|
Foshan
|
2.96
|
2.2%
|
|
Changsha
|
2.15
|
1.6%
|
|
Chengdu
|
2.09
|
1.5%
|
|
Guangzhou
|
2.01
|
1.5%
|
|
Qingdao
|
1.95
|
1.4%
|
|
Linyi
|
1.93
|
1.4%
|
|
Changzhou
|
1.77
|
1.3%
|
|
Xuzhou
|
1.74
|
1.3%
|
|
Hong Kong
|
1.71
|
1.3%
|
|
Quzhou
|
1.34
|
1.0%
|
|
Nantong
|
1.30
|
1.0%
|
|
Weifang
|
0.96
|
0.7%
|
|
Wuhu
|
0.85
|
0.6%
|
|
Dongguan
|
0.67
|
0.5%
|
|
Yinchuan
|
0.64
|
0.5%
|
|
Others*
|
4.88
|
3.6%
|
* Less than 0.5%
|
By City
|
RMB (billion)
|
% of total
|
|
Yangtze River Delta
|
71.86
|
52.5%
|
|
Pan Bohai Rim
|
32.91
|
24.1%
|
|
Central Western Region
|
23.40
|
17.1%
|
|
South China Region
|
8.59
|
6.3%
|
Land
Acquisition
- In September of 2019, the Group completed the
following land acquisitions:
|
City
|
Project
|
Group's Current Equity Interest
|
Intended Primary Use
|
Site Area
(sq.m.)
|
Total Planned GFA Excluding Carpark (sq.m.)
|
Group's Attributable Consideration (RMB)
|
Average
Land Cost (RMB/
sq.m.)
|
|
Shenyang
|
Dadong District,
Yulin resettlement
housing 1-2 Project
|
100%
|
Residential
|
82,200
|
164,500
|
937,640,000
|
5,700
|
|
Qingdao
|
Huangdao District,
Boguanxinghai Phase III Project
|
100%
|
Residential
|
20,100
|
50,200
|
170,000,000
|
3,388
|
|
Qingdao
|
The West Coast New
Area, Chengshiyangtai Project
|
35%
|
Residential
|
19,400
|
52,900
|
82,510,000
|
4,459
|
|
Fuzhou
|
Cangshan District,
Jinpu Old Factory
Transfer Project
|
100%
|
Residential
|
12,800
|
31,900
|
349,000,000
|
10,939
|
|
Dalian
|
Jinpu District,
Xiaoyaowan District C Project
|
100%
|
Residential
|
40,000
|
99,900
|
249,740,000
|
2,500
|
|
Wenzhou
|
Longwan District,
Longwanyongzhong
B-18 Project
|
100%
|
Residential
|
47,800
|
86,100
|
827,400,000
|
9,613
|
Modern Lifestyle Mall
LCM's First Anniversary Ceremony and Fresh Market LCMart's Grand Opening
(22 September 2019,
Shanghai)
LCM celebrated its first anniversary by opening a
fresh market LCMart which serves as a new benchmark for inspiration in
China. Over 18,000 visitors to the fresh
market at its grand opening spent RMB680,000. Designed by world-famous
architects, LCMart features modern urban green spaces. It has a total floor
area of nearly 3,000 sq.m. and consists of two floors where Hema Supermarket
and more than 20 quality lifestyle and homeware brands have set up shops. The
first floor is occupied by a fresh market which sells fresh food and daily
necessities. The second floor is taken up by a food market which specializes in
Shanghai cuisine, Asian light refreshments, foodstuffs and fresh produce.
Customers can have a stimulating experience of enjoying specialty produce and
gourmet food and cooking in a shared kitchen at LCMart.
Disclaimer:
All information contained in this
newsletter is meant for your own reference only, and is not intended to, nor
should it, constitute any investment advice. Any information contained in
this newsletter, including those relating to contracted sales or land bank of
CIFI Holdings (Group) Co. Ltd. (the "Company"), may be subject to change as a result of changes in our
development, sales and investment processes and may not be consistently
reflected in our financial reports. The Company expressly disclaims any liability
for any of your loss or damage howsoever arising from or in reliance upon the
contents of this newsletter.
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