Minmetals Land Limited announced sales results for the six months ended June 30, 2016. For the period, the company reported contracted sales reached approximately RMB 7.45 billion and contracted gross floor area sold amounted to approximately 357,000 square metres, which represented year-on-year growth of 122.3% and 107.2% respectively. Total numbers of units sold during the period were 2,763, up 72.2% year-on-year and the average selling price reached approximately RMB 20,900 per square metre, up 7.3% year-on-year.

For the full year, the company expects contracted sales of RMB 9 billion.