KWG Property (HKG:1813) announced that its property pre-sales in January amounted to RMB405 million, down 26.4% compared to RMB550 million for December 2011. By construction area, January pre-sales totalled 25,000 sqm.

Guangzhou contributed to the greatest, 47% of the January pre-sales, followed by 23% by Suzhou and Shanghai combined, then 15% by Chengdu, and 15% by Beijing and Tianjin together.