New World Development’s The Pavilia Farm III project, where two blocks are earmarked for demolition, has seen its first cancellations.Deals for three flats in the affected blocks of Hong Kong’s bestselling new residential project last year were terminated despite adequate compensation offered by the developer. Some market observers fear more cancellations were possible because of uncertainties over the project.The three flats, of which two were owned by a single buyer, were priced at HK$26.27…
Source : South China Morning Post
Read more…New World’s Pavilia Farm project sees its first cancellations with deals for three flats terminated
