Blue-chip developers Sino Land and Henderson Land have separately announced plans for marketing residential properties. Sino Land plans to sell seven residential developments (including joint ventures) this year, with more than 3,100 units estimated to generate revenue in excess of HK$20 billion. Several of Sino Land's new projects are luxury properties, including 1 Broadcast Drive in Kowloon Tong, Providence Bay in Pak Shek Kok on the Tolo Harbour front, and a project at Welfare Road in Aberdeen. Sino Land ranked third last year in terms of property sales after Sun Hung Kai and Cheung Kong, selling about HK$15 billion worth of properties. Henderson Land plans to sell seven new residential projects in Hong Kong, totalling about 1,100 units, expected to bring in about HK$10 billion. The projects include urban apartments, such as Centrepoint in Soho, and luxurious houses in Fanling.