{"id":121466,"date":"2021-08-16T05:30:17","date_gmt":"2021-08-15T22:30:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-pavilia-farm-project-sees-its-first-cancellations-with-deals-for-three-flats-terminated\/"},"modified":"2021-08-16T06:10:02","modified_gmt":"2021-08-15T23:10:02","slug":"new-worlds-pavilia-farm-project-sees-its-first-cancellations-with-deals-for-three-flats-terminated","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-pavilia-farm-project-sees-its-first-cancellations-with-deals-for-three-flats-terminated\/","title":{"rendered":"New World\u2019s Pavilia Farm project sees its first cancellations with deals for three flats terminated"},"content":{"rendered":"


\nNew World Development\u2019s 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\u2019s 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\u2026
\n
\nSource : South China Morning Post
\nRead more…New World\u2019s Pavilia Farm project sees its first cancellations with deals for three flats terminated<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New World Development\u2019s The Pavilia Farm III project, where two blocks are earmarked for demolition,...<\/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-121466","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-vB8","jetpack-related-posts":[{"id":120746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-to-tear-down-and-rebuild-two-blocks-of-the-pavilia-farm-flats-in-tai-wai-citing-construction-defects\/","url_meta":{"origin":121466,"position":0},"title":"New World to tear down and rebuild two blocks of The Pavilia Farm flats in Tai Wai, citing construction defects","date":"July 8, 2021","format":false,"excerpt":"\r The Pavilia Farm, Hong Kong\u2019s bestselling new residential property of 2020, will tear down and rebuild two of the seven tower blocks under construction in Tai Wai because of defects, in an unprecedented setback in the world\u2019s most expensive real estate market.The concrete walls in the podium of blocks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-carried-on-selling-flats-at-the-pavilia-farm-iii-after-concrete-defects-were-found-as-engineers-didnt-deem-them-serious\/","url_meta":{"origin":121466,"position":1},"title":"New World carried on selling flats at The Pavilia Farm III after concrete defects were found, as engineers didn\u2019t deem them serious","date":"July 11, 2021","format":false,"excerpt":"\r New World Development kept selling flats at The Pavilia Farm III \u2013 including two tower blocks earmarked this week for demolition \u2013 on June 20 and 27, days after defects were found, because engineers did not consider them serious enough to warrant drastic action.The sale on June 20 was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-snap-up-latest-batch-of-flats-at-pavilia-farm-as-they-ignore-rising-covid-19-infections-in-city\/","url_meta":{"origin":121466,"position":2},"title":"Homebuyers snap up latest batch of flats at Pavilia Farm as they ignore rising Covid-19 infections in city","date":"November 22, 2020","format":false,"excerpt":"\r New World Development has sold one-third of the flats on offer on Sunday in the second phase of The Pavilia Farm residential project in New Territories, as Hong Kong braces for more Covid-19 cases amid a new wave of infections across the city.Homebuyers snapped up 133 of the 396\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-raises-prices-of-new-flats-at-pavilia-farm-project-in-tai-wai-after-first-phase-units-sold-like-hot-cakes\/","url_meta":{"origin":121466,"position":3},"title":"New World raises prices of new flats at Pavilia Farm project in Tai Wai after first phase units sold like hot cakes","date":"October 28, 2020","format":false,"excerpt":"\r New World Development priced the second phase of its newest residential project on top of Tai Wai Station in the New Territories 4.8 per cent higher than the first, which sold out in well under two weeks.The first batch of 337 flats at The Pavilia Farm, measuring 264 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-compensation-to-pavilia-flat-buyers-may-slash-valuations-and-cut-the-bank-loans-available-to-mortgage-borrowers\/","url_meta":{"origin":121466,"position":4},"title":"New World\u2019s compensation to Pavilia flat buyers may slash valuations and cut the bank loans available to mortgage borrowers","date":"July 10, 2021","format":false,"excerpt":"\r New World Development\u2019s decision this week to compensate owners of the flats it plans to demolish at The Pavilia Farm apartment complex could slash the valuation of the property and reduce the amount of bank loans available to mortgage borrowers.Slightly more than half of the customers who bought the\u2026","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":121466,"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\/121466"}],"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=121466"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121466\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}