{"id":155277,"date":"2025-06-05T17:45:08","date_gmt":"2025-06-05T10:45:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-and-partners-set-record-low-price-for-southside-hong-kong-flats\/"},"modified":"2025-06-05T17:51:39","modified_gmt":"2025-06-05T10:51:39","slug":"nwd-and-partners-set-record-low-price-for-southside-hong-kong-flats","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-and-partners-set-record-low-price-for-southside-hong-kong-flats\/","title":{"rendered":"NWD and partners set record-low price for Southside Hong Kong flats"},"content":{"rendered":"


\nA 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.
\nThe developers priced 101 flats in the 447-unit Deep Water Pavilia project in Wong Chuk Hang at HK$20,932 per square foot. That was about 3 per cent lower than the first price list of CK Asset Holdings\u2019 nearby Blue Coast II in October, and it…
\n
\nSource : South China Morning Post
\nRead more…NWD and partners set record-low price for Southside Hong Kong flats<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A consortium of builders led by New World Development (NWD) priced a new residential project...<\/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-155277","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-Eot","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":155277,"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":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":155277,"position":1},"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":156518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-meets-2025-sales-target-and-wins-commitment-to-refinancing\/","url_meta":{"origin":155277,"position":2},"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":118867,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-nwd-says-it-will-create-shared-value-as-it-takes-control-of-state-theatre-building-site\/","url_meta":{"origin":155277,"position":3},"title":"Hong Kong developer NWD says it will \u2018create shared value\u2019, as it takes control of State Theatre Building site","date":"October 8, 2020","format":false,"excerpt":"\r The conservation of the 68-year-old State Theatre in Hong Kong\u2019s North Point district will be the highlight of property company New World Development\u2019s (NWD) redevelopment plan, according to its executive vice-chairman.The developer, which is worth HK$99.7 billion (US$12.9 billion), was pursuing financial success as well as social benefits with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/morgan-stanley-banker-buys-two-hong-kong-flats-for-us18-8-million\/","url_meta":{"origin":155277,"position":4},"title":"Morgan Stanley banker buys two Hong Kong flats for US$18.8 million","date":"July 19, 2025","format":false,"excerpt":"\r David Wraight, managing director at Morgan Stanley, has bought two luxury residential units in Hong Kong for HK$147.3 million (US$18.8 million), joining a growing cadre of global financiers on the hunt for high-value properties at reduced rates. The two flats in the first phase of Deep Water Pavilia in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-ramps-up-luxury-home-sales-in-hong-kong-and-mainland-china\/","url_meta":{"origin":155277,"position":5},"title":"New World ramps up luxury home sales in Hong Kong and mainland China","date":"July 31, 2025","format":false,"excerpt":"\r 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\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\/155277"}],"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=155277"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155277\/revisions"}],"predecessor-version":[{"id":155278,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155277\/revisions\/155278"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=155277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=155277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=155277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}