My best estimates of the homes "sold" for each of the tracts in Laguna Altura as of the past Sunday afternoon:
Sienna: 20 out of 195, or 10% sold
San Remo: 20 out of 164, or 12%
Cortona: 32 out of 152, or 21%
Toscana: 25 out of 86, or 29%.
The further away from 405, the better the sales - Toscana is almost 30% sold. Sienna and San Remo do 6 units per release, so this means they are still in phase 4 and 5. In comparison, Sienna's sister product San Mateo is on phase 16, heading toward 75% sold with only 2 months head start. San Marcos and Maricopa are about 50% sold.
At this rate (9 months after grand opening), LA is probably not going to be sold out in another 8 years, for those smaller detached condoes. TIC is either waiting for some hyper-inflation or fast RMB appreciation in the near future to save this development.
Do you know that TIC actually has blue "reserved" buttons but never used?
The meaning of "sold" is as liberal as you can get - not very surprising.