Yuexiu Property (00123) accumulated contract sales of approximately 92.102 billion yuan in the first 10 months, a year-on-year increase of about 1.2%.
Yuexiu Property (00123) announced that in October 2025, the company achieved contract sales (including joint ventures...
Yuexiu Property (00123) announced that in October 2025, the company achieved contract sales (including contract sales of joint venture and associated company projects) amounting to approximately RMB 12.29 billion, with a contract sales area of approximately 272,400 square meters.
From January to October 2025, the company's cumulative contract sales (including contract sales of joint venture and associated company projects) amounted to approximately RMB 92.10 billion, an increase of about 1.2% compared to the same period last year, with a cumulative contract sales area of approximately 2.32 million square meters. The cumulative contract sales amount accounted for 76.4% of the 2025 contract sales target of RMB 120.5 billion.
In October 2025, a subsidiary company in which the company actually holds 95.475% equity acquired two adjacent plots in Guangzhou through public bidding. The two plots are located in the Tianhe Zhi Gu Tian Nitrogen Guangtang area of Tianhe District, Guangzhou, with total construction areas of approximately 62,452 square meters and 105,491 square meters respectively, both designated for residential use. The land price representing the actual equity of the company is approximately RMB 1.21 billion and RMB 2.106 billion respectively.
In October 2025, a subsidiary company in which the company actually holds 95.475% equity acquired a plot in Panyu District, Guangzhou through public bidding. The total construction area of the plot is approximately 114,771 square meters, designated for residential use. The land price representing the actual equity of the company is approximately RMB 1.14 billion.
In October 2025, a subsidiary company in which the company actually holds 95.00% equity acquired a 20% equity interest in a plot in Shanghai through a joint venture with an independent third party company. The plot is located in the Inner Ring of Jing'an District, Shanghai, with a total construction area of approximately 153,943 square meters, designated for residential and cultural use. The land price representing the actual equity of the company is approximately RMB 1.47 billion.
In October 2025, a subsidiary company in which the company actually holds 95.00% equity acquired a plot in Cuijiadian Core Area of Chengdu, with a total construction area of approximately 115,174 square meters, designated for residential use. The land price representing the actual equity of the company is approximately RMB 1.255 billion.
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