Yanlord says units in Oasis New Island Gardens Phase 3 all sold out

SINGAPORE (Nov 20): Yanlord Land says all the apartment units in Phase 3 of Oasis New Island Gardens in Nanjing launched, has been sold.

As buyers are required by the developer to make an 80% downpayment of total value on the date of purchase, the total contracted pre-sales derived from the launch amounted to RMB2.59 billion ($530 million).

Yanlord says it sold all of the 636 apartment units launched during the first day of sales at an average price of RMB36,000 psm for units with a gross floor area (GFA) of 72,000 sqm.

---

Related Stories

• DBS downgrades Yanlord Land Group to 'hold', but upgrades TP to 70 cents
• Vicom reports 16.0% lower earnings of $6.2 mil for 1Q21
• CICT posts 67% y-o-y jump in NPI to $247 mil for 1Q21

---