CapitaLand hits record RMB2b in China home sales for Oct

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SINGAPORE (Nov 7): CapitaLand in October saw a total of four residential launches in China worth RMB2 billion (S$396.7 million), its highest home sales value in the country over a 30-day period this year.

In a Wednesday press release, the property developer says its successful launches over the past month coincided with China’s traditional high season for new home sales, dubbed “Golden September Silver October”.

Parc Botanica’s launch in Chengdu was the most successful by far, with all 388 units sold out for RMB332 million, followed by La Botanica in Xi’an, which sold 97% of... (Click here to read the full story)