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Longfor Properties logs 148.44B yuan in 11-month contracted sales

Longfor Properties Co. Ltd. logged 148.44 billion yuan in accumulated contracted sales in the year-to-November period, up 85% year over year from 80.40 billion yuan.

The sales figure translates to 9,736,000 square meters of gross floor area.

For November, the company registered contracted sales of 8.03 billion yuan, corresponding to a gross floor area of 605,000 square meters. The transactions were made in the mainland's Western region, Pan Bohai Rim, Yangtze River, Central China and Southern China.

As of Dec. 7, US$1 was equivalent to 6.62 yuan.