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$550m Promenade proves a star attraction for Chinese buyers

The Australian  | By Kylar Loussikian

The first stage of Chinese property developer Fuxing Huiyu’s $550 million Promenade project in Parramatta has sold out after unexpectedly strong demand over the weekend.

Hao Liu, director of Starryland, the subsidiary of Fuxing Huiyu tasked with the development in Sydney’s west, said the 124 apartments available to buyers sold out after just two days, and a further 153 apartments were to be reserved until displays were finalised in June or July. Savills is handling pre-sales.


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