On March 7, Poly Real Estate Group Co., Ltd. (hereinafter referred to as “Poly Real Estate“) and Shanghai Shimao Co.Ltd(600823) (hereinafter referred to as ” Shanghai Shimao Co.Ltd(600823) “) successively released several unaudited sales data in February 2022. In the first two months of 2022, they achieved sales of about 3.8 billion yuan and 1.55 billion yuan respectively.
According to the announcement, in February, Poly Real Estate Group achieved a contract sales amount of about 1.4 billion yuan, a contract sales area of about 81000 square meters, and an average contract sales price of about 17458 yuan / square meter. On the whole, as of February 2022, Poly Real estate group had achieved a total contract sales amount of about 3.8 billion yuan during the year, a year-on-year decrease of 32%; The cumulative contract sales area is about 207000 square meters, and the average contract sales price is about 18420 yuan / square meter.
At the same time, Shanghai Shimao Co.Ltd(600823) achieved sales in February, with a contracted area of about 80000 square meters, a year-on-year decrease of 41%; The sales contract amount was about 1 billion yuan, a year-on-year decrease of 62%. So far, in the first two months of 2022, the total contracted area of Shanghai Shimao Co.Ltd(600823) sales is about 118000 square meters, a year-on-year decrease of about 50%; The sales contract amount was about 1.55 billion yuan, a year-on-year decrease of about 57%. In addition, Shanghai Shimao Co.Ltd(600823) disclosed in the announcement that the company had no new real estate reserve projects in February.