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Yanlord's total contracted pre-sales down 71.5% y-o-y to RMB1.1 bil in Nov

Bryan Wu
Bryan Wu • 1 min read
Yanlord's total contracted pre-sales down 71.5% y-o-y to RMB1.1 bil in Nov
For the eleven months ended Nov 30, the group’s total contracted pre-sales was approximately RMB29.23 billion, down 52.8% y-o-y. Photo: Bloomberg
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Yanlord Land Group (SGX:Z25) has reported total contracted pre-sales of RMB1.09 billion ($205.5 million) for the month of November. The amount, which came from the group’s residential and commercial units as well as car parks, was 71.5% lower than November 2022’s RMB3.82 billion.

This month’s total contracted pre-sales stood over a gross floor area (GFA) of 38,398 sqm, which was a 66.0% decrease from November 2022’s GFA.

For the eleven months ended Nov 30, the group’s total contracted pre-sales was approximately RMB29.23 billion on a total contracted GFA of 1,143,086 sqm, a decrease of 52.8% and 8.0%, respectively, compared to the corresponding period of 2022. 

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