Core Viewpoint - New City Development (01030) reported a significant decline in contract sales and rental income for October 2025 compared to the previous year, indicating challenges in the real estate market [1] Sales Performance - In October 2025, the company achieved a contract sales amount of approximately RMB 1.419 billion, representing a year-on-year decrease of 45.76% [1] - From January to October 2025, the cumulative contract sales amount was approximately RMB 16.468 billion, down 52.2% year-on-year, with a total sales area of about 2.1506 million square meters [1] Rental Income - As of October 2025, the company had a total of 177 rental properties, with a total construction area of approximately 16.3002 million square meters [1] - The rental income for October 2025 was approximately RMB 1.106 billion, while the commercial operating income was about RMB 1.186 billion (including tax) [1] - For the period from January to October 2025, the cumulative rental income reached approximately RMB 10.912 billion, and the cumulative commercial operating income was around RMB 11.696 billion (including tax) [1]
新城发展前10个月累计合同销售金额约164.68亿元 同比减少52.2%