Vanke topped the world’s residential sales in 2012

Detailed regulations of the “Five Rules” reiterated the determination of the central government’s regulation on the housing market, “firmer regulation in the long-term is within our expectations. Vanke board secretary Tan Huajie told the media. 

In the past 2012, Vanke delivered to the market 100,000 set of houses of which first-time home buyers and to customers seeking further improvement of houses accounted for 87% of the total proportion of its customers, the sales performance of 141.2 billion yuan again made the company become the world’s residential sales boss. However, it is not all satisfactory as Vanke’s settled gross margin in 2012 showed a further downward trend.

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