The glooming weather in May has hardly depressed the home-buying passion for Blossom Cove, Guangzhou. During the initial public sale of Blossom Cove held on May 29-30 and June 4, 255 units were sold, realizing sales turnover of 436 million yuan and transaction area of 35,200 square meter. This encouraging result, despite the unfavorable market conditions especially after the series launch of government control measures on the over-heated property market, was rare in Guangzhou market.
Located in the core residential district of Zhujian New City, Blossom Cove has long attracted market focus. Amid the adverse market conditions, the initial public sale was arranged in good order and rational buying sentiment was observed. The sale arrangement has gained recognition from the industry, setting good sample for other market participants. The satisfactory sales also reinforced the positive image of China Overseas Property.
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