Yanlord Land sells 181 out of 310 units at Tianjin's Riverside Gardens

Yanlord Land Group, the real-estate developer focused on developing high-end integrated commercial and residential property projects in China, announced today that it had sold 181 or 58.4% of the 310 apartment units at the inaugural launch of Yanlord Riverside Gardens in Tianjin. An average selling price (ASP) of RMB21,100 psm ($365 psf) was achieved for the 27,090 sqm gross floor area (GFA) sold. Total contracted pre-sales for this project as at July 31 amounted to RMB572 million.