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Sale of Lakeside Palace Phase I in Suzhou made another market hit Author:China Overseas Land and Investment Ltd.

The second sale launch of Lakeside Palace on 2 April 2006 has made another market hit in Suzhou market, creating another hot scene after its initial launch last year. 96 units were immediately snapped up, achieving sales rate of 82.8% and turnover of 78.89 million yuan.

 

Despite its selling price being set at 1000 yuan per square meter higher than properties in proximity, the overwhelming response gave a strong proof to the appealing brand of China Overseas Property in the customers’ mindset. It also demonstrated the “Environmental Friendly, Technology-led, Human Oriented”, the concept of the forth generation of China Overseas Properties, was being well received in the market.

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