New World Development has submitted a proposal to demolish and rebuild part of The Pavilia Farm project that has been marred by construction defects, a top executive said on Thursday after the developer posted a full-year underlying profit increase of nearly 6 per cent.The Hong Kong-listed developer also said that it was striving to help the government solve the city’s housing shortage problems.The company has submitted a proposal to the Buildings Department to demolish and rebuild towers one…
Source : South China Morning Post
Read more…New World submits proposal to demolish and rebuild part of The Pavilia Farm project hit by construction defects















