194 views
Stock photo.

Yanlord contracted pre-sales leaps by more than 200% in August

Pre-sales for the eight months ended 31 August increased by 31.9%.

Yanlord Land Group Limited reported a total of $1.60b in contracted pre-sales from its residential and commercial units and car parks in August, an increase of 244.8% and 54.4%, respectively compared to the same period last year.

For the eight months ended 31 August 2022, Yanlord, together with its joint ventures and associates, saw its total contracted pre-sales from residential and commercial units, and car parks reach $9.04b on contracted gross floor area (GFA) of 824,267 sqm, an increase of 31.9% and a decrease of 23.8% respectively compared to the corresponding period of 2021.

ALSO READ: Children aged 0-6 to receive $200 in their Child Development Account

Yanlord also recorded a total of $570m in subscription sales which the group expects to be turned into property contracted pre-sales in the following months.

In August 2022, the total contracted pre-sales of other property development projects under the group’s project management business bearing the “Yanlord” brand name was approximately $78.87m on a contracted GFA of 10,478 sqm. 

For the eight months ended 31 August 2022, the total contracted pre-sales of other property development projects under the group’s project management business bearing the “Yanlord” brand name was approximately $990m on a contracted GFA of 116,575 sqm.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!