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Gemdale Properties Logs 665 Million Yuan in May Contracted Sales

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Gemdale Properties and Investment (HKG:0535) recorded contracted sales of around 665 million yuan in May with a sales area of 51,500 square meters, according to a Thursday Hong Kong bourse filing.

The property firm's average selling price for the month stood at approximately 12,900 yuan per square meter.

For the five months ended May 31, contracted sales and sales area reached roughly 3.09 billion yuan and 250,100 square meters, respectively.

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