[The Sun]Evergrande reported success: the sales amount of real estate was 30.3 billion yuan
Date:2010.01.06 Publisher:
In the haze of the macroscopical regulation, some mainland real estate companies successively released the sales amounts in 2009 for repelling the bad luck. Evergrande Real Estate (03333) announced that the contracted sales amount of last year reached 30.3 billion yuan (RMB, the same below). Looking forward to 2010, Mr. Xia Haijun, vice chairman of the board of directors of Evergrande, believes that the increase of the average sale price per square meter of the real estate of Evergrande will be within 10%, namely, from 6,000 to 7,000 yuan per square meter.
It is anticipated that the increase of the real estate price will not exceed 10%
The accumulated contracted sales amount of Evergrande in last year is 30.3 billion yuan, with an increase of 4.02 times compared with that of the previous year. The sales target of 30 billion yuan of last year is overfulfilled. The relevant construction area is 5,637,000 square meters, with an increase of 3.97 times compared with that of the previous year. Among them, the contracted sales amount of December 2009 is 4.03 billion yuan, and the contracted sales area is 654,000 square meters, which are respectively 8.01 and 5.69 times compared with those of the same period of the previous year.
Although the real estate sales performance of Evergrande in last year rapidly increased, the average sale price per square meter in December was only 6,175 yuan, with a decrease of 8.4% than the 6,744 yuan in November; the sales revenue of the forth quarter also decreased to 7.21 billion yuan, 43.9% less than that of the third quarter. Looking forward to 2010, Mr. Xia Haijun believes that the average sale prices of Evergrande residences will increase within 10%, namely, to 6,000–7,000 yuan per square meter.
The companies that announced the sales amount a few days ago include R&F Properties (02777) and Shimao Property Holdings (00813).