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Yanlord reports 437.5% y-o-y surge in total contracted pre-sales of RMB6.1 bil in May

Felicia Tan
Felicia Tan • 1 min read
Yanlord reports 437.5% y-o-y surge in total contracted pre-sales of RMB6.1 bil in May
The key contributors to the group’s total contracted pre-sales were the Chinese cities of Nanjing, Tianjin, Jinan, Suzhou and Haikou in that order. Photo: Bloomberg
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Yanlord Land Group (SGX:Z25) has reported total contracted pre-sales of RMB6.1 billion ($1.16 billion) for the month of May. The amount, which came from the group’s residential and commercial units as well as car parks, stood 437.5% higher than May 2022’s RMB1.14 billion.

This month’s total contracted pre-sales stood over a gross floor area (GFA) of 199,946 sqm, which is 319.2% over May 2022’s GFA of 47,695 sqm.

The key contributors to the group’s total contracted pre-sales were the Chinese cities of Nanjing, Tianjin, Jinan, Suzhou and Haikou in that order.

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