Shimao Property reported sales results for the month and year to date ended September 2014. For the month, the company reported contracted sales value of CNY 7.03 billion, a sales area of 585,100 square meters and a sales price of CNY 12018 per square meter.

For the nine months, sales value and sales area were CNY 50.69 billion and 4.17 million square meters, up 5% and 11% year on year; the sales price was CNY 12165 per square meter.

For the full year 2014, the company expects sales to account for 63.36% of CNY 80 billion.