GuocoLand’s Chongqing project moves 97% at launch

GuocoLand has announced the successful launch of its latest development in China – Guoco Central Park in Chongqing. The first launch saw an impressive 97% of the 200 available units being sold, a testimony to the market’s recognition of the developer and the residential project.

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The development comprises mid- and low-rise condominium blocks, with 22 mid-rise blocks housing more than 1,000 units. The first sales phase saw four of these blocks released, featuring 200 three-bedroom units ranging from 968 sq ft to 1,237 sq ft.

Peter Lee, GuocoLand’s country managing director in China, acknowledges the “stellar performance”, stating that it has given the company more confidence in future launches.

Guoco Central Park is conveniently located in the Chongqing Liangjiang New Area, near Chongqing Central Park, the Central Park commercial and lifestyle district, and Lujiagou Station. It’s the developer’s second development in the city, after Guoco 18T.

The strong sales seen in the launch of Guoco Central Park signifies the markets trust in GuocoLand’s capabilities. It’s a positive move for the company, and bodes well for their upcoming launches.