Yanlord Land Group presales 52.5% lower in 2023

Presales for the month of December are 49.1% lower than a year ago.

Yanlord Land Group’s total contracted presales in 2023 was just over US$4.51b (RMB32.352b) on a total contracted GFA of 1.24 million sqm. This is 52.5% and 13.7% lower, respectively, compared to the full-year figures in 2022, the group’s latest unaudited figures showed.

For December, total contracted presales for residential and commercial units, and car parks was US$435.5m (RMB3.118b). This is 49.1% lower than in December 2022.

Total contracted gross floor area (GFA) is 94,382 square meters (sqm) for the month, 50.7% lower than a year earlier.

ALSO READ: Yanlord Land Group’s contracted pre-sales drop to $5.5b in 11M23

Total contracted pre-sales of other property development projects in December were around US$31.43m (RMB225m) on a contracted GFA of 9,622 sqm.

A total of approximately US$278.9m (RMB1.997b) of subscription sales of the group and
its joint ventures and associates were recorded as of 31 December 2023. These are expected to be subsequently turned into property contracted pre-sales in the following months.

Follow the link for more news on

Yanlord Land Group Limited

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