In July 2017, BCL achieved a total contracted sales area of 95,000 sq.m., while corresponding contracted sales amounted to approximately RMB2.06 billion. As at the end of July 2017, BCL’s cumulative contracted sales area amounted to approximately 1,174,000 sq.m. and the cumulative contracted sales amounted to approximately RMB26.57 billion, representing an increase of 32.6% over the same period last year. The average selling price in 2017 was RMB23,000/sq.m., representing an increase of 23.8% over the same period last year. Concurrently, as at the end of July 2017, cumulative subscription sales awaiting signing of official sales contracts amounted to RMB4.17 billion.