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    Housing Enterprises Agile Residential Real Estate Company'S Contract Sales Reached 6 Billion 500 Million Yuan In October.

    2010/11/4 13:58:00 40

    Housing Estate

    In November 3rd, China's market leader.

    Housing estate

    Holdings Limited (03383.HK) released by e-mail, the company's key projects.

    Clear Water Bay, Hainan

    The sales volume of the first contract in October amounted to 6 billion 500 million yuan, exceeding the total annual value of the project in 2009.


    According to the data released by agile, the sales volume of Clear Water Bay project contract reached 2 billion 400 million yuan in October, and the total sales amount of the contract reached 6 billion 500 million yuan in the first 10 months of 2010, and sales performance was better than expected.


    According to the annual report, in 2009, the sales of agile sales contract was 13 billion 300 million yuan, and the sales amount of Clear Water Bay project contract was 6 billion 400 million yuan, accounting for 48.12% of the total sales volume of the company.


    The official said that in the next few months, the company will launch different types of new products and new groups in Clear Water Bay, Hainan. Among them, the average selling price of low-density housing is about 35000-45000 yuan per square meter, and the average selling price of a hotel apartment is about 25000 yuan per square meter.


    In terms of policy implications, agile said that the current restriction order in Hainan was only implemented in two cities in Haikou and Sanya, and was not applicable to the area where the project was located, so the restriction order had little effect on the sales of the project.


    A staff member told reporters in a telephone interview that the company expects that the Clear Water Bay project will continue to maintain good sales momentum in the fourth quarter, and the annual sales volume will exceed 10 billion yuan, which will become an important bargaining chip for the company to overfulfill its annual sales target.


    Chen Cong, an analyst with CITIC Securities, pointed out: "Hainan's real estate is different from other parts of the mainland because of its special geographical location.

    The demand for Hainan's property market is 90% from the island, and nearly 80% of the total purchase is affected by the government's credit policy. At the same time, Hainan's hot selling period is different from that of the mainland's "golden nine silver ten", from November to February.


    According to the announcement, as of October 7th, agile sales in 2010 totaled 20 billion 200 million yuan, an increase of 59% over the same period, and has completed 82% of the annual sales target.

    Among them, the sales amount of Hainan Clear Water Bay project is about 4 billion 700 million yuan, accounting for 23% of the total sales of agile company.


    Agile is the Hang Seng Composite Index.

    Hang Seng circulation

    And Morgan Stanley China Index constituent stocks.

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