(9 April 2013) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property contracted sales for March 2013 amounted to HK$14.6 billion and the contracted GFA reached 968,700 square meters (including contracted sales amount of HK$1,561 million and the contracted GFA of 152,700 square meters from China Overseas Grand Oceans Group Ltd. (stock code: 00081.HK)). From January to March 2013, the total property contracted sales amounted to HK$40.1 billion and the total contracted GFA reached 2.6 million square meters (including the total contracted sales amount of HK$4.1 billion and the total contracted GFA of 381,100 square meters from China Overseas Grand Oceans Group Ltd.). As at the end of March, the property subscription sales amounted to HK$7.9 billion and the subscription GFA reached 498,500 square meters.
In March, the Pearl River Delta Region realized both the strongest contracted sales amount and the strongest contracted GFA sold – its total contract sales amounted to HK$3,698 million, while its total contracted GFA sold amounted to 272,300 square meters.
No new land was acquired in March. The Company acquired a total new land amounting to 2.9 million square meters and the attributable portion was 2.6 million square meters so far this year.
Note: In view of the uncertainties involved in investment and sales process, there may exist discrepancies between the above figures and those disclosed in our regular reports. As such, the above is only for reference purpose.
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