(4 July 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 the Group achieved contracted sales of
approximately RMB17.34 billion for the first half of 2012,
with contracted sales GFA of approximately 2.85 million
sq.m.. Moreover, as at 30 June 2012, the Group has another
approximately RMB5.51 billion transaction amount pending on
final contract signing.
The Group reported strong performance in June 2012. Among
which, Phase 2 of both Country Garden - Ten Miles Beach and
Country Garden - Phoenix City (Jurong) were launched in June,
with respective absorption rates on the debut day being
approximately 90% and 80%. These two projects recorded
transaction amounts of approximately RMB1.68 billion and
RMB580 million in June. In addition, Country Garden - Galaxy
Palace (Shenyang) and Country Garden - Phoenix City
(Guangzhou) recorded transaction amounts of approximately
RMB460 million and RMB320 million respectively during the
month.
The Group's high value-for-money products continue to be well
received by customers driven by the robust end-user demand.
The Group will also continue its efforts in enhancing the
residents' quality of living through various aspects such as
community facilities, environment and services, in order to
express our gratitude to the support of our new and existing
home owners. Moreover, we shall further improve the
competitiveness of our products to strive for another
successful sales performance.
- End -
Country Garden Achieved Contracted Sales of Approximately RMB17.3 billion for the First Half of
2012
4 July 2012 / Page 2
About Country Garden
Country Garden is one of China's leading integrated property
developers. It has standardized operation with businesses
comprising construction, installation, fitting, project
management, property management, as well as hotel development
and management. In addition, "Country Garden" has been named
by the PRC State Administration for Industry and Commerce as
one of "China's Well-Known Trademarks" in the property sector
in 2006. The Group became a constituent stock of MSCI Global
Standard Indices on 1 September 2007. It also became a
constituent stock of Hang Seng Composite Index and Hang Seng
Mainland Composite Index on 10 September 2007.
For further information, please contact:
Investor Relations Department
Email: ir@countrygarden.com.cn
Callis Lau/ Emily Chiu/ Beatrice Wong/ Coty Lee
Tel: (852) 2136 6952/ 2136 6954/ 2136 6176/ 3920 7656
Fax: (852) 3170 6606
Email: callis.lau@iprogilvy.com/
emily.chiu@iprogilvy.com/
beatrice.wong@iprogilvy.com/ coty.lee@iprogilvy.com
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