Subscription rate exceeded 400%, triggering point-based lottery; in Shanghai, two improved residential projects were sold out in four days.
Following the sell-out of the luxury residential project in Xuhui Riverside at the end of July, the heat of improvement projects in the suburbs of Shanghai exploded in early August. Two popular improvement projects in Qingpu Xujing and Jiading New City achieved consecutive sales. On August 12, the GreentownYuehaitang, located in the Qingpu Xujing area, held its first opening and sold all 228 units on the same day. During the subscription phase, the project attracted 946 groups of clients, with a subscription rate of 415%, making it a rare "thousand people lottery" building in the market; at the same time, the project triggered the scoring lottery sorting procedure, ultimately achieving a score of 62.12, which is also the first residential project in the Great Hongqiao area to trigger points in the past three years.
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