In April 2017, BCL achieved a total contracted sales area of 170,000 sq.m., while the corresponding contracted sales amounted to approximately RMB2.02 billion. As at the end of April 2017, BCL’s cumulative contracted sales area amounted to approximately 655,000 sq.m., representing an increase of 32.6% over the same period last year. The cumulative contracted sales amounted to approximately RMB14.7 billion, representing an increase of 96.8% over the same period last year. The average selling price in 2017 was RMB22,000/sq.m., representing an increase of 48.3% over the same period last year. Concurrently, as at the end of April 2017, cumulative subscription sales awaiting signing of official sales contracts amounted to RMB1.83 billion.