China Overseas Land & Investment: Cumulative contracted property sales amount approximately RMB 22.942 billion for January to February

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On March 5th, China Overseas Development released property sales data for January and February 2026.

The announcement shows that in February, contracted property sales amounted to approximately RMB 8.464 billion, a 35.9% decrease year-on-year; the corresponding sales area was about 358,700 square meters, a 45.0% decrease year-on-year.

For January and February, the total contracted property sales amounted to approximately RMB 22.942 billion; the total sales area was about 875,400 square meters, representing a 9.0% and 29.7% decline respectively compared to the previous year.

Additionally, as of February 28, 2026, China Overseas series companies recorded approximately RMB 11.228 billion in purchased property sales, which are expected to be converted into contracted property sales in the coming months.

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