Greentown China 2026 First Seven Months Contracted Sales Fall 23.57% to RMB 65.5 Billion
Greentown China reported contracted sales of RMB 65.5 billion for the first seven months of 2026, down 23.57% year-on-year, with equity attributable to the group at RMB 45.1 billion. Contracted sales area fell 19.35% to 2 million square meters. July sales rose 8% to RMB 5.4 billion, averaging RMB 31,000 per square meter. Signed but unconverted agreements stood at RMB 1.8 billion. Agency construction projects contributed RMB 41.5 billion in contracted sales for the period, including RMB 7 billion in July.
Greentown China announced its sales data for the first seven months of 2026. During the period, contracted sales amounted to approximately RMB 65.5 billion, down 23.57% year-on-year; of this, the equity amount attributable to Greentown Group was approximately RMB 45.1 billion. Contracted sales area was approximately 2 million square meters, down 19.35% year-on-year.
As of the end of July, Greentown China had cumulative signed subscription agreements not yet converted to sales contracts amounting to approximately RMB 1.8 billion, of which the equity attributable to Greentown Group was approximately RMB 1.2 billion. For July alone, sales amounted to approximately RMB 5.4 billion, up 8% year-on-year, with an average selling price of approximately RMB 31,000 per square meter.
In July, Greentown Group's agency construction project sales amounted to approximately RMB 7 billion. For the first seven months of 2026, related contracted sales amounted to approximately RMB 41.5 billion.
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