---
title: "News: Greentown's property sales in the last month and the first quarter both fell by 30%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282406081.md"
description: "Real estate developer GREENTOWN CHINA Holdings Limited released its sales data for March, selling 2,840 units, a year-on-year decrease of 18%; the sales area was approximately 420,000 square meters, with funds amounting to 15.1 billion yuan, a year-on-year decline of 30.7%. The cumulative contract sales for the first three months were approximately 25.6 billion yuan, a year-on-year decrease of 29.5%. On Friday, the stock price opened up 0.4% to HKD 8.37, having fallen by 30% over the past year"
datetime: "2026-04-11T05:50:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282406081.md)
  - [en](https://longbridge.com/en/news/282406081.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282406081.md)
---

# News: Greentown's property sales in the last month and the first quarter both fell by 30%

Real estate developer **GREENTOWN CHINA HOLDINGS LIMITED** (3900.HK) released **March sales data** on Thursday, with the group selling 2,840 units from self-invested projects, down 18% from 3,478 units in the same period last year. The sales area was approximately 420,000 square meters, involving funds of 15.1 billion yuan, a year-on-year decrease of 30.7%. The average selling price per square meter was 36,012 yuan, down 15.5% from the same period last year.

In the first three months, cumulative contract sales were approximately 25.6 billion yuan, a year-on-year decrease of 29.5%, involving an area of about 820,000 square meters, with the equity amount attributable to GREENTOWN GROUP being approximately 17.7 billion yuan, a year-on-year decrease of 25.6%.

On Friday, GREENTOWN's stock price opened up 0.4% at 8.37 Hong Kong dollars, with the company's stock price down 30% from its high over the past year.

_Liu Zhiheng_

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