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Agile's property sales up 32.3% in Oct

Nov. 8, 2012 (China Knowledge) - Agile Property Holdings Ltd<3383>, a Hong Kong-listed developer of large-scale residential projects, has said its property sales grew 32.3% MoM to RMB 3.11 billion in October this year.

Last month, the property developer saw its sales area exceed 347,000 square meters, up 21.7% than a month earlier. However its average sales price increased 8.7% from September to RMB 8,957 per sq m.

In the first ten month of this year, Agile's property sales dropped 8.9% from a year earlier to RMB 23.85 billion, accounted for 76.9% of its annual sales target.

Meanwhile its sales area for the first ten months hit 2.52 million sq m. Average sales price for the period was 9,455.

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