On 17 November 2007, the first batch of villa units in Fairyland Phase III, Zhongshan was officially put on the market. As of 18 November, 57 out of the 71 villas launched were transacted, recording a turnover of 120 million yuan.
The tightening policies by the government have caused a down-side trend in the property market. Despite the soured market sentiment, a sales rate as high as 80% was recorded for Fairyland Phase III villa units. This demonstrates the customer's confidence in China Overseas Property's brand, as well as the recognition and preference they have in the residential property.
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trade
market
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finance
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