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Stamford Land sees strong sales for Aussie housing project

Company's earnings for six months to September dip 1.2% to $9.3m

STAMFORD Land Corporation has announced that its mixed-use residential project sited outside Sydney has run up sales of A$250 million (S$294 milion) - a record for that suburb - even as its net profit for the six months up till September dipped 1.2 per cent to $9.3 million.

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