Property News · July 31, 2025

New World ramps up luxury home sales in Hong Kong and mainland China


New World Development (NWD) is ramping up the delivery of residential projects in Hong Kong and mainland China after raising more than HK$13 billion (US$1.7 billion) from the sale of luxury flats in the city.
The Hong Kong-based developer, which is undergoing the biggest debt workout in three generations of ownership by the Cheng family, will hold a ready-for-occupancy sale for The Pavilia Forest in Kai Tak in September, the company said on Thursday.
“This quarter, three luxury residential…

Source : South China Morning Post
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