China Overseas Land & Investment: Cumulative contracted property sales amount approximately RMB 22.942 billion for January to February

LightningPacketLoss · 2026-03-05T12:29:49+00:00

China Overseas Development releases property sales data for January-February 2026. In February, contract sales amounted to approximately 8.464 billion yuan, down 35.9% year-on-year; cumulative sales for January-February were about 22.942 billion yuan, a decrease of 9.0% year-on-year. As of February 28, approximately 11.228 billion yuan worth of properties have been purchased, which is expected to be converted into contract sales.

LightningPacketLoss

2026-03-05 12:29:49

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On March 5th, China Overseas Development released property sales data for January and February 2026.

The announcement shows that in February, contracted property sales amounted to approximately RMB 8.464 billion, a year-on-year decrease of 35.9%. The corresponding sales area was about 358,700 square meters, down 45.0% year-on-year.

From January to February, the total contracted property sales were approximately RMB 22.942 billion, with a cumulative sales area of about 875,400 square meters, representing a 9.0% and 29.7% decline year-on-year, respectively.

Additionally, as of February 28, 2026, China Overseas series companies recorded recognized property sales of approximately RMB 11.228 billion, which are expected to be converted into contracted property sales in the coming months.

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