Singapore

CHINESE property developer Yanlord Land Group recorded 18.92 billion yuan (S$3.71 billion) in total contracted presales from residential units, commercial units and car parks for the first five months of the year, a 68.4 per cent increase over last year, it said in a bourse filing late on Wednesday.

The presales were for a contracted gross floor area of 526,746 square metres (sq m) - 41.8 per cent higher than the same period last year.