Aoyuan’s contracted sales up 33% to US$10.4b in H1

The gross floor area sold is approximately 5.96 million square metres.

China Aoyuan Group Limited reported its property contracted sales rose by 33% year-on-year (YoY) to RMB67.58 billion, or approximately US$10.4 billion, in the first six months of the year.

The contracted gross floor area sold is approximately 5.96 million square metres. This reflected a 17% YoY increase.

The average selling price was RMB11,333 per square metre, or around US$1,752.18.

In June 2021, Aoyuan's total property contracted sales amounted to approximately RMB15.01 billion, or US$2.32 billion.

Meanwhile, its contracted gross floor area sold over the same month stood at approximately 1.37 million square metres.

The Hong Kong-listed company covers four major regions, namely: South China, the core region of Central and Western China, East China, and Bohai Rim. It is also amongst the urban redevelopment players in the Greater Bay Area.