Sino Land (HKG:0083) is preparing to launch a second round of sales for its La Mirabelle I project in Tseung Kwan O during the Easter holiday, The Standard reported Wednesday.
The initial batch of 254 units sold out on Tuesday, the report said, citing executive director Victor Tin Sio-un.
The project has sold 363 units so far, generating more than HK$3.4 billion in proceeds.
La Mirabelle is jointly developed by Sino Land with Kerry Properties (HKG:0683), K Wah International (HKG:0173), China Merchants Land (HKG:0978), and MTR Corp (HKG:0066).
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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