Yanlord Land

Yanlord Land Group has announced a 75.6% y-o-y increase in pre-contracted sales to approximately RMB12.03 billion ($2.40 billion) in August.

Chinese real estate developer Yanlord Land Group Limited is “red hot”, and if its pre-sale figures are anything to go by, the company is on its way to exceeding a RMB 70 billion ($13.92 billion) sales target, says KGI Securities.

SINGAPORE (Mar 13): Hong Pian Tee, an independent director of Yanlord Land Group, nearly doubled the number of shares he held in the China-based developer, which is now trading at near its 52-week-low.

SINGAPORE (Jan 10): Jeff Cheong Wei Xiong of CWX Global is no longer a substantial shareholder of the company he chairs. On Jan 3, via a married deal, Cheong sold 140 million shares at 0.5 cent each, cutting his stake from 7.25% to 3.66%.

SINGAPORE (Oct 28): After The Edge Singapore went to press on Oct 24, an announcement was due to be made on a transaction involving United Engineers. Yanlord Land, Perennial Real Estate Holdings and UE had announced a trading halt on Oct 22. An analyst wh

SINGAPORE (July 2): China-based developer Yanlord Land says all 357 apartment units of its Yanlord Gardens project in Nantong, Jiangsu, were sold on the first day of launch on Tuesday.

SINGAPORE (Feb 27): Yanlord Land the developer of luxury residential apartments in selected Chinese cities, reported FY18 earnings grew 10.2% to RMB 3.5 billion ($715 million) from a year ago.

SINGAPORE (Nov 13): Stronger property sales and better margins have helped Yanlord Land’s earnings for the nine months ended Sept 30 (9M18) has overtaken full-year earnings for the preceding FY17.

SINGAPORE (Apr 13): The collective sale for Tulip Garden received the top bid from Asia Radiant – a joint venture (JV) between Yanlord and Hongkong Land Holdings’ MCL Land – of $907 million, representing about 20% premium to the owners’ asking pri