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Shui On Land (00272) Jan contracted property sales down 48%

Shui On Land (00272) said contracted property
sales amounted to Rmb408 million in January, a decrease of 48% from a year earlier,
comprising residential property sales of Rmb406 million and commercial property sales of 
Rmb2 million, respectively.
  The total gross floor area of contracted property sales were 20,900 square metres, down
17% year-on-year, and 12 units of carpark.
  The Group's average selling price of the signed contracts respecting property sales for
January was Rmb19,500 per square metre.
  As of 31 January 2018, the Group had recorded a total of Rmb3,944 million of subscribed
sales, up 190% year-on-year, of which subscribed other assets disposal was Rmb3,160
million, which is expected to be subsequently turned into contracted property sales and
other assets disposal in the following months. 

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