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Stock impact report

Yau Tong project nearly sells out, raising hopes of market recovery in 2026 [Yahoo! Finance]

SINO LAND CO LTD S/ADR (SNLAY) 
Company Research Source: Yahoo! Finance
amid heightened expectations for a recovery in Hong Kong's home market next year. The flats at One Park Place, priced between HK$4.23 million (US$543,684) and HK$9.51 million, were in high demand after developers Sino Land, CSI Properties and MTR Corporation offered discounts of up to 15 per cent to lure buyers. The strong homebuying interest came a day after New World Development (NWD) sold out all 63 units at its Austin Bohemian project in Yau Ma Tei on Friday. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. As of 6.45 pm, 110 units of One Park Place were sold, according to Sino Land. "The units appeared to be attractive not only to residents who wanted to own them for self-use, but buyers looking to own them for investment purposes," said Sammy Po Siu-ming, senior director at M Show less Read more
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