Shui On Land (HK:0272) has released an update.
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Shui On Land Limited reported robust property sales for Q3 2024, highlighted by the successful launch of Lakeville VI in Shanghai, with all 108 units released in the first phase being subscribed, generating RMB11,979 million in sales. The third quarter saw contracted property sales totaling RMB12,863 million, with an average selling price of RMB186,000 per square meter. The company’s cumulative contracted property sales for the first nine months reached RMB13,486 million, with residential property sales driving the majority of this growth.
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