In October 2016, BCL achieved a total contracted sales area of 160,000 sq.m., while the corresponding contracted sales amounted to approximately RMB3.05 billion. As at the end of October 2016, BCL’s cumulative contracted sales area amounted to approximately 1.72 million sq.m. and cumulative contracted sales amounted to approximately RMB33.66 billion, representing an increase of 60.2% over the same period last year. The average selling price in the first ten months of 2016 was RMB19,600/sq.m., representing an increase of 79.0% over the same period last year. Concurrently, as at the end of October 2016, cumulative subscription sales awaiting signing of official sales contracts amounted to RMB1.8 billion.