Hong Lai Huat Group Limited (SG:CTO) has released an update.
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Hong Lai Huat Group Limited has experienced a challenging year with zero sales of its D’Seaview project units due to adverse market sentiments, maintaining a 55%-65% occupancy rate through rentals. The company has made some progress with the Royal Platinum residential project, selling 97 out of 851 units, mainly to local Cambodians and a diverse group of international buyers. Efforts to improve sales include introducing new payment plans, strategic marketing partnerships, and expanding into European and East Asian markets.
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