Bloomberg News

Sino Land Saw Robust Sales at New Hong Kong Property: Sing Tao

December 30, 2011

Dec. 31 (Bloomberg) -- Sino Land Co. Ltd. sold almost all 50 apartments on offer at its new Hong Kong property project within the first hour after they went on the market, Sing Tao Daily reported today.

All the apartments for sale at The Coronation in West Kowloon were bought up within a few hours, the newspaper said. Sino Land had set the price at HK$13,688 ($1,762) per square foot, the newspaper said. The project has 740 apartments, and the developer will sell them in batches, the newspaper reported.

--Editor: Nicholas Wadhams

To contact the reporter on this story: Aibing Guo in Hong Kong at aguo10@bloomberg.net

To contact the editor responsible for this story: Jim McDonald at jmcdonald8@bloomberg.net


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