Central China Real Estate Sees January Contracted Sales Drop Despite Higher Prices

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2026.02.13 12:30
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Central China Real Estate (HK:0832) reported a 31.1% decline in January 2026 contracted property sales, totaling RMB398 million, with a 36% drop in gross floor area sold to 58,636 square metres. Despite this, the average selling price increased by 7.6% to RMB6,788 per square metre. The company noted that these figures are preliminary and may differ from future reports, highlighting ongoing challenges in China's property market that could impact cash flow and investor sentiment.