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SHUI ON LAND (00272.HK): The cumulative contracted property sales amount for the year 2024 has reached 15.058 billion yuan.
On January 9, Gelonghui announced that SHUI ON LAND (00272.HK) reported that for the 2024 fiscal year, the cumulative contract property sales amount reached 15.058 billion yuan, including contract sales of 14.553 billion yuan for Residence properties and 0.505 billion yuan for commercial properties. The total sold building area for contracted properties amounted to 0.1422 million square meters, with an average selling price of 105,900 yuan per square meter. Additionally, 1,113 parking spaces were sold in the 2024 fiscal year. In the fourth quarter of 2024, contract property sales reached 1.572 billion yuan.
Daily summary of Real Estate Industry developments (2025-01-09)
The report released by the Shanghai Lianjia Research Institute on January 8 shows that since the fourth quarter of 2024, the transaction of second-hand houses in Shanghai has remained active, with the number of transactions per month exceeding 0.02 million units.
Zhongzhi Research Institute: In 2024, the Real Estate Industry will achieve a total of 565.31 billion yuan in Bonds financing, a year-on-year decrease of 18.4%.
According to the research, looking ahead to 2025, policy support is expected to drive expectations for recovery, but the Real Estate market still faces many challenges. Financing policies are expected to remain loose, but the scale of financing will still be influenced by the market recovery.
Hong Kong stocks movement | Mainland Real Estate stocks collectively fell, with the 2024 real estate market continuing to adjust in volume and price. Institutions expect a month-on-month decline in property sales in January.
Mainland Real Estate stocks collectively fell. As of the time of writing, SUNAC (01918) is down 8.15%, valued at HKD 1.69; RONSHINECHINA (03301) is down 7.94%, valued at HKD 0.29; SHIMAO GROUP (00813) is down 6.25%, valued at HKD 0.9.
Daily Real Estate Industry news summary (2025-01-07)
The National Development and Reform Commission issued the "Guidelines for the Construction of a National Unified Market (Trial)".
Daily summary of Real Estate Industry trends (2025-01-06)
The Monetary Policy Committee of the People's Bank of China convened its regular meeting for the fourth quarter of 2024. The meeting discussed the work related to deepening the structural reforms on the supply side of finance, pointing out the need to guide large Banks to play a leading role in financial services for the real economy, promote small and medium-sized Banks to focus on their main responsibilities, support Banks to replenish capital, and jointly maintain the stable development of the financial market.
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