China Overseas Grand Oceans April Contracted Sales Increase 27.3% to RMB3.34 Billion

Bulletin Express
May 08

China Overseas Grand Oceans Group Limited reported solid operating momentum for April 2026, with contracted property sales rising 27.3% year on year to RMB3.34 billion. Contracted gross floor area (GFA) for the month increased 27.9% to 285,300 sq m.

From January to April 2026, cumulative contracted sales reached RMB11.43 billion, up 19.6% from the prior-year period, while total contracted GFA rose 18.8% to 975,900 sq m. As of end-April, subscription sales stood at RMB618.00 million, representing 47,500 sq m of GFA.

Land-banking activity remained muted in April, with no new parcels secured. Year to date, the group acquired one site in Taizhou’s Medical High-Tech Zone, adding 86,651 sq m of total and attributable GFA at a land cost of RMB287.39 million.

In addition, the group completed the purchase of remaining equity interests in two cooperative projects in Hefei, Anhui Province, for RMB104.10 million during the four-month period.

All figures are unaudited and based on internal management data.

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