In April 2016, BCL achieved total contracted sales area of 211,000 sq.m., representing an increase of 26.5% over the same period last year. Its corresponding contracted sales amounted to approximately RMB3.8 billion, representing an increase of 139% over the same period last year. As at the end of April 2016, the cumulative contracted sales area amounted to approximately 494,000 sq.m. and the cumulative contracted sales amounted to approximately RMB7.47 billion, representing an increase of 2.2% over the same period last year. The average selling price in the first four months of 2016 was RMB15,000/sq.m., representing an increase of 49.7% over the same period last year. Meanwhile, as at the end of April 2016, the cumulative subscription sales awaiting signing of official sales contracts amounted to RMB2.3 billion.