September 14 -- Longfor Properties (0960.HK) posted a 25.9 percent month-on-month increase in transaction value in August to 3.21 billion yuan, reports yicai.com, citing a company filing.

For the first eight months, transaction value hit 24.02 billion yuan.

Commercial projects boosted the company's sales in August, with the Chengdu Times Paradise Walk development posting transactions of one billion yuan at its launch.

In addition, the company's Changying Paradise Walk project in Beijing was completely sold out at its launch, with transactions of over 500 million yuan.