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Sino Land sells less than half the flats at Grand Central in Kwun Tong after developer rushes through sales
Sino Land’s latest batch of flats at its Kwun Tong project received a tepid response, after the developer rushed through the weekday sales ahead of the Lunar New Year holiday, pricing it 30 per cent higher than its launch in 2018.Homebuyers bought 57 out of 132 flats in phase two of Grand Central on Monday, pulling in over HK$710 million (US$91.6 million). “The project has no problem and the pricing is also right,” said Sammy Po Siu-ming, chief executive of Midland Realty’s residential…