In February 2017, BCL achieved a total contracted sales area of 89,000 sq.m., representing an increase of 117.9% over the same period last year, while the corresponding contracted sales amounted to approximately RMB1.88 billion, representing an increase of 304.0% over the same period last year. As at the end of February 2017, BCL’s cumulative contracted sales area amounted to approximately 270,000 sq.m., representing an increase of 143.4% over the same period last year. The cumulative contracted sales amounted to approximately RMB8.17 billion, representing an increase of 485.7% over the same period last year. The average selling price in 2017 was RMB30,000/sq.m., representing an increase of 140.5% over the same period last year. Concurrently, as at the end of February 2017, cumulative subscription sales awaiting signing of official sales contracts amounted to RMB2.54 billion.