News

Commercial Property

Staff Reporter

, Singapore

Published:

2 years ago

185 views

A glimpse of what Yanlord Arcadia in Shanghai looks like. /Yanlord Land Group website

Yanlord Group collects $1.02b from pre-sales in Shanghai apartment launch

More than 1,700 eligible customers registered to buy an apartment unit.

SGX-listed Yanlord Land Group Limited announced a 100% sellout after it collected $1.02b (RMB6.085b) pre-sales during the third batch of its apartment launch at Yanlord Arcadia in Shanghai.

The land developer also reported that 1,769 qualified customers registered to purchase an apartment unit from 28 to 29 June 2022.

Yanlord sold 372 apartment units for a gross floor area of 52,914 square metres with an average selling price of over $23,904 (RMB115,000) per square metres (sqm).

Yanlord Arcadia lies two kilometres (km) from North Bund and 4 km from Lujiazui financial centre. The development occupies a site area of 69,400 sqm and a gross floor area of 183,215 sqm, and it plans to build 1,171 residential units in 16 towers.

According to its website, it began construction of the development in September 2020.

$1 = RMB4.81

Follow the link for more news on

Yanlord Land Group Limited

Yanlord pre-sale

Also Read

One Sophia sells 30% of units at weekend launch

SLA launches tender to revitalise Tanjong Katong Complex

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!

I want to download the media kit