In May 2017, BCL achieved a total contracted sales area of 184,000 sq.m., while corresponding contracted sales amounted to approximately RMB4.21 billion, representing an increase of 34.0% over the same period last year. As at the end of May 2017, BCL’s cumulative contracted sales area amounted to approximately 840,000 sq.m., representing an increase of 28.5% over the same period last year. The cumulative contracted sales amounted to approximately RMB18.91 billion, representing an increase of 78.2% over the same period last year. The average selling price in 2017 was RMB23,000/sq.m., representing an increase of 38.7% over the same period last year. Concurrently, as at the end of May 2017, cumulative subscription sales awaiting signing of official sales contracts amounted to RMB2.01 billion.