Latest news on the macau property and real estate market
Agile Property pre-sales down 22 pct Y-O-Y in February 03/11/15
Guangzhou-based property developer Agile Property Holdings Ltd. gained 2.46 billion yuan from pre-selling its residential projects in Mainland China in February this year, according to its latest unaudited operating figures filed with the Hong Kong Stock Exchange on Monday evening after trading hours.
The pre-sales value of 2.46-billion yuan that the Chinese company generated last month represents a drop of 21.7 per cent year-on-year, compared to its pre-sales values in February 2014.
According to the filing, the developer pre-sold gross floor area occupying 219,000 square metres last month, which was pre-sold at 11,211 yuan per square metre.
Meanwhile, for the first two months of the year, the accumulated pre-sales value of the company reached 4.67 billion yuan, which is a fall of some 17.4 per cent year-on-year. The accumulated gross floor area that was pre-sold in the two months amounted to 464,000 square metres, costing some 10,045 yuan per square metre.
Last year, Agile Property missed its pre-sales target. Total pre-sales value of the company was 44.16 billion yuan, some 3.84 billion less than its expected total presales of 48 billion yuan.
Agile Property, whose residential projects are primarily in Mainland China, is popular with local and Hong Kong investors.
The pre-sales value of 2.46-billion yuan that the Chinese company generated last month represents a drop of 21.7 per cent year-on-year, compared to its pre-sales values in February 2014.
According to the filing, the developer pre-sold gross floor area occupying 219,000 square metres last month, which was pre-sold at 11,211 yuan per square metre.
Meanwhile, for the first two months of the year, the accumulated pre-sales value of the company reached 4.67 billion yuan, which is a fall of some 17.4 per cent year-on-year. The accumulated gross floor area that was pre-sold in the two months amounted to 464,000 square metres, costing some 10,045 yuan per square metre.
Last year, Agile Property missed its pre-sales target. Total pre-sales value of the company was 44.16 billion yuan, some 3.84 billion less than its expected total presales of 48 billion yuan.
Agile Property, whose residential projects are primarily in Mainland China, is popular with local and Hong Kong investors.
Source http://macaubusinessdaily.com/Property/Agile-Property-pre-sales-down-22-pct-Y-O-Y-in%C2%A0February
Real Estate Quick Links
Latest News
RESIDENT HOME LOANS DOWN 26.1 PERCENT
According to statistics released by the Monetary Authority of Macau (AMCM) today, new approvals of residential mortgage loans (RMLs) decreased by approximately 26 percent in February this year, when compared to the previous month.There was a decrease (26.1 percent) in ...Property Search
Sponsored Ads
Featured Agents
