China Property_ Weekly Database Tracker #51

Key Points Industry Overview 1. Market Dynamics: The real estate market is experiencing a recovery phase, with sales volume and prices showing positive trends. [doc id='51'] 2. Sales Growth: Weekly primary and secondary market sales have shown significant year-over-year growth, with primary market sales increasing by 13.0% YoY and secondary market sales increasing by 55% YoY. [doc id='51'] 3. Price Trends: Property prices in Tier 1 cities have shown stable growth, with the Centaline six-city secondary asking price tracking index remaining relatively flat. [doc id='53'] 4. Developers' Sales: Developers' monthly sales have shown mixed trends, with some companies reporting strong growth while others experienced declines. [doc id='35'] Market Segmentation 1. Tier 1 Cities: Sales in Tier 1 cities have shown strong growth, with primary market sales increasing by 16.9% YoY and secondary market sales increasing by 36% YoY. [doc id='51'] 2. Tier 2 Cities: Sales in Tier 2 cities have also shown significant growth, with primary market sales increasing by 13.4% YoY and secondary market sales increasing by 66% YoY. [doc id='51'] 3. Tier 3 Cities: Sales in Tier 3 cities have shown moderate growth, with primary market sales increasing by 7.1% YoY and secondary market sales increasing by 20% YoY. [doc id='51'] Company-Specific Information 1. C&D International: The company reported attributable sales of 124 million HKD in November 2024, with a YoY decline of 16% and a MoM decline of 33%. [doc id='46'] 2. China SCE: The company reported attributable sales of 10 million HKD in November 2024, with a YoY decline of 9% and a MoM decline of 9%. [doc id='46'] 3. CIFI: The company reported attributable sales of 31 million HKD in November 2024, with a YoY decline of 41% and a MoM decline of 21%. [doc id='46'] 4. CMSK: The company reported attributable sales of 189 million RMB in November 2024, with a YoY decline of 9% and a MoM decline of 3%. [doc id='46'] 5. COLI: The company reported attributable sales of 270 million HKD in November 2024, with a YoY increase of 31% and a MoM increase of 287 million HKD. [doc id='46'] 6. Country Garden: The company reported attributable sales of 44 million HKD in November 2024, with a YoY decline of 51% and a MoM decline of 30%. [doc id='46'] 7. CR Land: The company reported attributable sales of 229 million HKD in November 2024, with a YoY increase of 7% and a MoM increase of 286 million HKD. [doc id='46'] 8. Gemdale: The company reported attributable sales of 63 million RMB in November 2024, with a YoY decline of 53% and a MoM decline of 14%. [doc id='46'] 9. Greentown: The company reported attributable sales of 149 million HKD in November 2024, with a YoY decline of 10% and a MoM decline of 24%. [doc id='46'] 10. Jinmao: The company reported attributable sales of 83 million HKD in November 2024, with a YoY decline of 31% and a MoM decline of 132 million HKD. [doc id='46'] 11. KWG: The company reported attributable sales of 9 million HKD in November 2024, with a YoY decline of 48% and a MoM decline of 24 million HKD. [doc id='46'] 12. Logan: The company reported attributable sales of 8 million HKD in November 2024, with a YoY decline of 7% and a MoM decline of 23 million HKD. [doc id='46'] 13. Longfor: The company reported attributable sales of 93 million HKD in November 2024, with a YoY decline of 19% and a MoM decline of 162 million HKD. [doc id='46'] 14. Midea RE: The company reported attributable sales of 37 million HKD in November 2024, with a YoY decline of 21% and a MoM decline of 38 million HKD. [doc id='46'] 15. Poly: The company reported attributable sales of 308 million HKD in November 2024, with a YoY decline of 23% and a MoM decline of 400 million HKD. [doc id='46'] 16. Powerlong: The company reported attributable sales of 12 million HKD in November 2024, with a YoY decline of 13% and a MoM decline of 26 million HKD. [doc id='46'] 17. Ronshine: The company reported attributable sales of 7 million HKD in November 2024, with a YoY increase of 1% and a MoM increase of 20 million HKD. [doc id='46'] 18. Seazen: The company reported attributable sales of 37 million HKD in November 2024, with a YoY decline of 50% and a MoM decline of 71 million HKD. [doc id='46'] 19. Shimao: The company reported attributable sales of 31 million HKD in November 2024, with a YoY increase of 12% and a MoM increase of 40 million HKD. [doc id='46'] 20. Sino-Ocean: The company reported attributable sales of 48 million HKD in November 2024, with a YoY increase of 37% and a MoM increase of 31 million HKD. [doc id='46'] 21. Sunac: The company reported attributable sales of 45 million HKD in November 2024, with a YoY decline of 54% and a MoM decline of 79 million HKD. [doc id='46'] 22. Vanke: The company reported attributable sales of 223 million HKD in November 2024, with a YoY decline of 34% and a MoM decline of 343 million HKD. [doc id='46'] 23. Yuzhou: The company reported attributable sales of 7 million HKD in November 2024, with a YoY decline of 58% and a MoM decline of 17 million HKD. [doc id='46'] 24. Zhenro: The company reported attributable sales of 6 million HKD in November 2024, with a YoY decline of 24% and a MoM decline of 14 million HKD. [doc id='46'] 25. Zhongliang: The company reported attributable sales of 16 million HKD in November 2024, with a YoY decline of 33% and a MoM decline of 32 million HKD. [doc id='46'] 26. Zhongnan: The company reported attributable sales of 16 million RMB in November 2024, with a YoY decline of 50% and a MoM decline of 38 million RMB. [doc id='46'] Conclusion The real estate market is currently in a recovery phase, with sales volume and prices showing positive trends. However, the market remains volatile, with mixed trends observed across different cities and companies. Developers' sales have shown mixed results, with some companies experiencing strong growth while others have faced challenges.