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New projects planned

Cheung Kong Holdings plans to sell more than 4,000 flats this year in eight new projects, expected to bring in revenue in excess of HK$30 billion, similar to last year. The five biggest developers, which also include Sun Hung Kai Properties, Henderson Land, Sino Land, and New World Development, will be selling more than 10,000 new units this year. According to Midland Properties, sales improved early this month on comparable figures from January.

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