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Sunac China's contractual sales up 63% in Jan-Jul

Aug. 6, 2012 (China Knowledge) - Sunac China Holdings Ltd<1918>, an integrated residential and commercial property developer in China, has announced that its contractual sales surged 63% YoY to RMB 14.69 billion in the first seven months of this year.

 The company said in a statement filed with the Hong Kong Stock Exchange that its contractual sales area totaled 899,000 square meters in the first seven months, with average sales price at RMB 16,300 per sq m.

In the month of July, the developer's contractual sales were RMB 2.4 billion, and sales area was 146,000 sq m.

Projects in Beijing contributed 28% of the total sales last month, and projects in southern Jiangsu Province contributed 27%, followed by a 19% in Tianjin, 16% in Chongqing and 10% in Shanghai.

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