+
In
Nov, China Vanke Co., Ltd. (SZSE: 000002) witnessed year-on-year and
month-on-month declines in its sales, in terms of both floor space and price.
However, it still managed to sell more than 60% of the newly launched
properties. In Jan to Nov, Vanke’s gross sales exceeded RMB 100 billion.
+
In
Nov, Vanke launched three new properties in Shanghai, Zhuhai and Guiyang. The
total planned construction area is about 540,510 square meters, the total land
price is about RMB 1.23 billion, and the land cost per square meter in these
properties is about RMB2,200, lower than the previous average land cost.
+
Related
Data: Financial Data of Real Estate Agencies
Both sales growth and average sales price of Vanke (000002.SZ) dropped
this year.
Other News Headlines
- PBOC Issues RMB 50 Billion of 1-Year Term Central Bank Bills on Dec. 6, RMB 35 Billion More than Last Time
- Growth in China’s Auto Market Turns Stable
- Soochow Securities: IPO Success Rate of 0.91% Online
- China’s School Bus Market is Worth RMB200 Billion
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