{"id":155548,"date":"2025-06-11T18:44:11","date_gmt":"2025-06-11T11:44:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-crunch-at-nwd-stokes-downside-risk-in-hong-kong-home-prices-sp-says\/"},"modified":"2025-06-12T00:48:59","modified_gmt":"2025-06-11T17:48:59","slug":"debt-crunch-at-nwd-stokes-downside-risk-in-hong-kong-home-prices-sp-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-crunch-at-nwd-stokes-downside-risk-in-hong-kong-home-prices-sp-says\/","title":{"rendered":"Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&amp;P says"},"content":{"rendered":"<p>&#013;<br \/>\nThe liquidity crunch at New World Development (NWD), one of Hong Kong\u2019s biggest developers, is a blemish on the resurgent housing market, threatening to shake confidence among homebuyers and trigger a \u201cdownside scenario\u201d in home prices, according to S&amp;P Global Ratings.<br \/>\nThe developer deferred coupon payments on four series of perpetual bonds after months of speculation about its finances, sending a poor signal to creditors about its default risk. It surprised investors last month by not redeeming&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3314042\/debt-crunch-new-world-stokes-risk-downside-scenario-hong-kong-home-prices-sp?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&amp;P says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The liquidity crunch at New World Development (NWD), one of Hong Kong\u2019s biggest developers, is&#46;&#46;&#46;<\/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-155548","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-EsQ","jetpack-related-posts":[{"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":155548,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-nwd-denies-scramble-to-manage-debt-secure-financing\/","url_meta":{"origin":155548,"position":1},"title":"Hong Kong\u2019s NWD denies scramble to manage debt, secure financing","date":"October 22, 2025","format":false,"excerpt":"\r New World Development (NWD) denied market speculation that it is conducting a liability-management exercise involving its perpetual bonds or other debt securities and seeking equity financing from investors, according to an exchange filing on Tuesday. The Hong Kong-based property developer, which has been battling liquidity problems for the past\u2026","rel":"","context":"In &quot;Property News&quot;","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":155548,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-former-scion-of-hong-kongs-nwd-expands-k11-brand-in-xiamen\/","url_meta":{"origin":155548,"position":3},"title":"Adrian Cheng, former scion of Hong Kong\u2019s NWD, expands K11 brand in Xiamen","date":"October 5, 2026","format":false,"excerpt":"\r Adrian Cheng Chi-kong, former heir apparent to Hong Kong\u2019s New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family\u2019s property group grapples with heavy debt. Xiamen K11 Select, developed by Cheng\u2019s K11 by AC Group along\u2026","rel":"","context":"In &quot;Property News&quot;","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":155548,"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 &quot;Property News&quot;","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":155548,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155548"}],"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=155548"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155548\/revisions"}],"predecessor-version":[{"id":155549,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155548\/revisions\/155549"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=155548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=155548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=155548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}