Gemdale Properties & Investment (HK:0535) has released an update.
Gemdale Properties & Investment Corporation Limited reported robust unaudited operating statistics for May 2024, with contracted sales reaching RMB 1,910 million over an area of 145,500 square meters, at an average price of RMB 13,100 per square meter. Cumulative sales from January to May 2024 soared to RMB 7,502 million with a total area of 569,800 square meters. Investors are cautioned not to place undue reliance on these preliminary figures and to seek professional advice as needed.
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