越秀地产前10月销售金额921亿元 完成年度目标的76.4%

Core Insights - Yuexiu Property achieved a contract sales amount of approximately RMB 12.29 billion in October 2025, representing a year-on-year decrease of about 8.0% [1] - For the period from January to October 2025, the cumulative contract sales amount reached approximately RMB 92.102 billion, a year-on-year increase of about 1.2%, while the cumulative contract sales area decreased by approximately 25.1% [1] - The cumulative contract sales amount accounted for 76.4% of the company's contract sales target of RMB 120.5 billion for 2025 [1] Land Acquisition Summary - In October 2025, Yuexiu Property acquired five new land parcels, including three residential plots in Guangzhou with a total buildable area of approximately 167,800 square meters and total land costs of RMB 33.27 billion [2] - Additionally, a residential and cultural land parcel in Shanghai was acquired with a buildable area of approximately 153,900 square meters at a land cost of RMB 14.7 billion [2] - A residential land parcel in Chengdu was also acquired, with a buildable area of approximately 115,200 square meters and a land cost of RMB 12.55 billion [2]