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NEWS REPORT

Country Garden Achieved Transaction Amount of Approximately RMB4.2 billion during Mid-Autumn and National Day Golden Week Holidays

2012.10.12
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(11 October 2012 – Hong Kong) Country Garden Holdings Company Limited (“Country Garden” or the “Group”, SEHK stock code: 2007), one of the leading integrated property developers in China, announced that during the Mid-Autumn Festival and National Day Golden Week Holidays between 30 September and 7 October 2012, the Group launched “Nationwide Promotion for Country Garden’s 20th Anniversary” campaign to promote sale of its high quality products across the nation, and achieved a transaction amount of approximately RMB4.23 billion. Among which, Country Garden – Ten Miles Beach, the Group’s large-scale seaside resort project, continued to be well sought-after by home-buyers, with all the new apartment units launched on 5 October 2012 being fully sold out on the same day. During the Golden Week Holidays, this project recorded a transaction amount of over RMB800 million (nearly 2,000 units). The Group’s new project in Dongguan, Country Garden – Times City, was launched on 1 October 2012 with nearly 600 units sold on the first day of launch, recording a transaction amount of approximately RMB330 million and setting a record high for a single day apartment sale in Dongguan during 2012 in terms of number of units.

For 2012 up to 7 October, Country Garden achieved contracted sales of approximately RMB30.3 billion with contracted GFA of approximately 4.99 million sq. m. Moreover, the Group has approximately RMB6.94 billion transaction amount pending on final contract signing. The Group achieved contracted sales of approximately RMB29.6 billion for the first nine months of 2012, with contracted sales GFA of approximately 4.87 million sq.m.

This year, the Group continues to dedicate its efforts in enhancing the residents’ quality of living in various aspects including community facilities, environment and services, our high value-for-money products continue to be well received by customers driven by strong end-user demand.


 

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