China property: Sunac’s multimillion-yuan One Sino Park in Shanghai sells out in 3 hours

Quick Summary:

All 158 units in the project in Dongjiadu, Huangpu district, were sold, fetching the developer US$825.8 million.

Sunac said there were twice as many buyers as the number of flats on sale.

With the project’s first two phases sold out, the developer has raked in a total of 21.5 billion yuan.

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Article Details

Author / Journalist: Yuke Xie

Category: Business

Markets: Hong KongChina

Topics: Market Project Yuan Developer Units Sector Dongjiadu Sold District Huangpu Buyers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-27 @ 16:41:41 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 271 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23260903

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