Shui On Land Limited reported unaudited group sales results for the fourth quarter and year ended December 31, 2023. For the fourth quarter of 2023, contracted property sales and other assets disposal amounted to RMB 3,430 million, comprising residential property sales of RMB 1,417 million, commercial property sales of RMB 807 million and other assets disposal of RMB 1,206 million. For the fourth quarter of 2023, total gross floor area ("GFA") of contracted property sales were 104,200 square metres ("sq. m.") and 2,226 units of carpark.

Accumulated contracted property sales and other assets disposal totalled to RMB 11,396 million for the year of 2023, comprising residential property sales of RMB 7,208 million, commercial property sales of RMB 2,982 million and other assets disposal of RMB1,206 million. Aggregated GFA sold for contracted property sales reached 350,900 sq. m. with the average selling price of RMB 29,000 per sq. m. In addition, 4,885 units of carpark were sold in the year of 2023.