By James A. Loyola Robinsons Land Corporation reported that it has recently secured the Sales Permit for additional components of Phases 1 and 2 of its residential project in Chengdu, China. In a disclosure to the Philippine Stock Exchange, RLC noted the warm reception of the market to the high-rise condominium units and low-rise duplex villas released for sale. “Despite the lingering effects of the global COVID-19 pandemic, RLC has sold 76 percent of the 564 condominium units opened for sale and 73 percent of the 64 duplex villas opened for sale in just a few days of selling, after release of the Sales Permit,” the firm said. It noted that, “The average price per square meter secured for the condominium units as well as that of the duplex villas were higher than the first phase that was sold last year.” For its Philippine operations, RLC said it continues to operate its office buildings and industrial facilities. Its 52 malls are all closed except for the operation of select essential retail shops like supermarkets, pharmacies, and banks. For its hospitality business, about half of its hotel properties are open with limited operations.