Longfor Properties Co., Ltd. announced sales results for the month and year to date ended August 2014. The company announced that its contractual sale decreased 1% year on year to RMB 4.08 billion in August this year. The company sold area for last month amounted to 370,000 square meters (sq m), reflecting a year on year decrease of 2.6%.

In the first eight months of this year, the company's property sale decreased 8.8% from a year earlier to RMB 28.22 billion, while its sold area for the period reached 2.6 million sq m, down 4.3% year on year.

The company has fulfilled 49.5% of its sale target of RMB 57 billion for this year.