Agile Property Holdings Ltd<3383>, a Hong Kong-listed developer of large-scale residential projects, announced on Dec. 24 that it has won the bid for a piece of land in Hainan Province for RMB 100 million or RMB 420 per square meter of potential floor area.

The developer said in a statement that the land, located in Chengmai County, covers a land area of 99,118 sq m.

The company plans to develop mixed-use properties on the site, which will have a total of 247,795 sq m in potential floor area.

Agile Property's contracted sales surged 64% year on year to RMB 25.4 billion in the first eleven months of this year. The company sold 2.27 million sq m of properties during the period, 16% more than in the same period of last year. 
 

 
Editorial Message  
This site contains materials from other clearly stated media sources for the purpose of discussion stimulation and content enrichment among our members only.
whatsonsanya.com does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contact editor@whatsonsanya.com.