China Overseas Grand Oceans Posts 26.6% Rise in May Contracted Sales to RMB3.81 Billion

Bulletin Express
Jun 04

China Overseas Grand Oceans Group Limited reported that property contracted sales for May 2026 reached RMB3.81 billion, representing a 26.6% year-on-year increase. Contracted gross floor area (GFA) for the month grew 25.0% to 323,700 sq m.

From January to May 2026, cumulative contracted sales totalled RMB15.24 billion, up 21.3% versus the prior-year period, while cumulative contracted GFA advanced 20.3% to 1.30 million sq m.

At the end of May, the group’s property subscription sales stood at RMB678 million, covering 54,900 sq m of GFA.

No land parcels were acquired in May. Year-to-date, the company secured one site—the Taizhou Medical High-Tech Zone Project—with 100% attributable interest, adding 86,651 sq m of GFA at a land cost of RMB287.39 million.

During the same five-month period, the group also purchased the remaining equity interests in two cooperative projects in Hefei, Anhui Province, for RMB104.10 million.

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