China Vanke Co. Ltd.'s contracted sales for the month of September grew to 49.29 billion yuan from 43.42 billion yuan in the prior-year period.
The Chinese developer said the total sales area for the month was 3,207,000 square meters. For the nine-month period to Sept. 30, the company's total contracted sales amounted to 475.61 billion yuan, while the accumulated sales area totaled 30,616,000 square meters.
The company said the figures may vary from those in regular reports due to various uncertainties in the sales process, according to an Oct. 9 release.
Since China Vanke's property update in August, the developer purchased interests in 16 development project sites across China for an aggregate attributable land premium of almost 14.81 billion yuan. It also purchased four new logistics property projects for about 224 million yuan.
As of Oct. 9, US$1 is equivalent to 7.13 Chinese yuan.
