China Overseas Grand Oceans Group (HKG:0081) recorded contracted sales of around 2.21 billion yuan in January, down 6.6% from a year prior, a Thursday bourse filing said.

Gross floor area sold was 177,700 square meters, a 16% year-on-year decrease.

As of Jan. 31, property subscription sales stood at 277 million yuan, with a subscription GFA of 26,000 square meters.

In January, the property company acquired one new project in Jiangsu Province, China, with a total GFA of 89,163 square meters and a land cost of 535.4 million yuan.