{"id":119578,"date":"2020-12-20T08:45:18","date_gmt":"2020-12-20T01:45:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-new-world-developments-pavilia-farm-a-bright-spot-in-otherwise-dismal-year-for-real-estate-sector\/"},"modified":"2020-12-20T10:02:52","modified_gmt":"2020-12-20T03:02:52","slug":"hong-kong-listed-new-world-developments-pavilia-farm-a-bright-spot-in-otherwise-dismal-year-for-real-estate-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-new-world-developments-pavilia-farm-a-bright-spot-in-otherwise-dismal-year-for-real-estate-sector\/","title":{"rendered":"Hong Kong-listed New World Development\u2019s Pavilia Farm a bright spot in otherwise dismal year for real estate sector"},"content":{"rendered":"


\nHong Kong property company New World Development\u2019s (NWD) Pavilia Farm project has been a bright spot in an otherwise dismal year for the city\u2019s real estate sector.The project, developed in partnership with transit operator and property developer MTR Corporation, has sold about 2,100 units in around six weekends for almost HK$23.8 billion (US$3.06 billion).NWD reported sales of HK$26.4 billion in the first 11 months of this year, which may help it displace Sun Hung Kai Properties (SHKP) as Hong\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong-listed New World Development\u2019s Pavilia Farm a bright spot in otherwise dismal year for real estate sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong property company New World Development\u2019s (NWD) Pavilia Farm project has been a bright...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119578","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v6G","jetpack-related-posts":[{"id":171936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-tests-market-with-28-pavilia-rosa-flats-for-sale-amid-hang-seng-slump\/","url_meta":{"origin":119578,"position":0},"title":"NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump","date":"June 8, 2026","format":false,"excerpt":"\r Hong Kong developer New World Development (NWD) is making 28 units of its Pavilia Rosa project in Kowloon Tong available to buyers on Friday, a test of sentiment and demand in the city\u2019s residential property market amid a slumping Hang Seng Index. NWD said the flats would be sold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-new-worlds-damage-control-measures-in-the-wake-of-the-pavilia-farm-debacle-enough-experts-weigh-in-on-the-issue\/","url_meta":{"origin":119578,"position":1},"title":"Are New World\u2019s damage-control measures in the wake of The Pavilia Farm debacle enough? Experts weigh in on the issue","date":"July 10, 2021","format":false,"excerpt":"\r New World Development\u2019s decision to tear down and rebuild two of the seven blocks at The Pavilia Farm residential project in Tai Wai has shocked Hong Kong, wiping out more than HK$6.6 billion (US$850 million) in market value in just two days.The market is closely watching how CEO and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155277,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-and-partners-set-record-low-price-for-southside-hong-kong-flats\/","url_meta":{"origin":119578,"position":2},"title":"NWD and partners set record-low price for Southside Hong Kong flats","date":"June 5, 2025","format":false,"excerpt":"\r A consortium of builders led by New World Development (NWD) priced a new residential project on the south side of Hong Kong Island below all neighbouring developments, as the embattled company seeks to whittle down HK$124 billion (US$15.8 billion) in debt. The developers priced 101 flats in the 447-unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-meets-2025-sales-target-and-wins-commitment-to-refinancing\/","url_meta":{"origin":119578,"position":3},"title":"NWD meets 2025 sales target and wins commitment to refinancing","date":"June 27, 2025","format":false,"excerpt":"\r Hong Kong developer New World Development (NWD) secured some much-needed financial relief by hitting a 2025 property sales target of HK$26 billion (US$3.3 billion) and winning a commitment from creditors to refinance HK$87.5 billion of its debt, people familiar with the matter said on Friday. With a strong sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-nwd-sells-out-state-pavilia-flats-on-offer-amid-attractive-pricing\/","url_meta":{"origin":119578,"position":4},"title":"Hong Kong developer NWD sells out State Pavilia flats on offer amid \u2018attractive\u2019 pricing","date":"February 15, 2025","format":false,"excerpt":"\r As of 6.22pm, New World Development sold out all of the 168 units on offer this weekend at its latest residential project in North Point.\r \r Source : South China Morning Post\r Read more...Hong Kong developer NWD sells out State Pavilia flats on offer amid \u2018attractive\u2019 pricing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-the-pavilia-farm-project-sells-out-in-tai-wai-for-the-fourth-straight-weekend-as-hong-kongs-home-buyers-return-for-fear-of-missing-out\/","url_meta":{"origin":119578,"position":5},"title":"New World\u2019s The Pavilia Farm project sells out in Tai Wai for the fourth straight weekend as Hong Kong\u2019s home buyers return for fear of missing out","date":"November 14, 2020","format":false,"excerpt":"\r New World Development reported a fourth sell-out weekend at its latest real estate project in Hong Kong, selling all 343 flats at The Pavilia Farm in Tai Wai in nine hours, as home buyers who missed out on earlier launches packed the developer\u2019s sales room.Every flat was sold as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119578"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=119578"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119578\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}