{"id":156518,"date":"2025-06-27T17:50:22","date_gmt":"2025-06-27T10:50:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-meets-2025-sales-target-and-wins-commitment-to-refinancing\/"},"modified":"2025-06-27T19:25:09","modified_gmt":"2025-06-27T12:25:09","slug":"nwd-meets-2025-sales-target-and-wins-commitment-to-refinancing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-meets-2025-sales-target-and-wins-commitment-to-refinancing\/","title":{"rendered":"NWD meets 2025 sales target and wins commitment to refinancing"},"content":{"rendered":"<p>&#013;<br \/>\nHong 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.<br \/>\nWith a strong sales response for its jointly owned Deep Water Pavilia project in Wong Chuk Hang on the south side of Hong Kong Island, NWD was expected to hit the contracted sales target for the financial&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3316144\/hong-kong-developer-nwd-meets-2025-sales-target-and-wins-commitment-refinancing?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">NWD meets 2025 sales target and wins commitment to refinancing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong developer New World Development (NWD) secured some much-needed financial relief by hitting a&#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-156518","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-EIu","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":156518,"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":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":156518,"position":1},"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":[]},{"id":119578,"url":"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\/","url_meta":{"origin":156518,"position":2},"title":"Hong Kong-listed New World Development\u2019s Pavilia Farm a bright spot in otherwise dismal year for real estate sector","date":"December 20, 2020","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-sino-group-nwd-delay-sales-amid-grief-over-tai-po-fire\/","url_meta":{"origin":156518,"position":3},"title":"Hong Kong developers Sino Group, NWD delay sales amid grief over Tai Po fire","date":"November 27, 2025","format":false,"excerpt":"\r Hong Kong\u2019s developers have postponed property sales scheduled for Friday as the city mourns the deaths of dozens of residents in a devastating fire that broke out in Tai Po. Sino Group and New World Development announced on Thursday that the sale of 150 units at One Park Place\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":156518,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161621,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-reports-higher-losses-as-ceo-says-debt-reduction-efforts-yield-results\/","url_meta":{"origin":156518,"position":5},"title":"NWD reports higher losses as CEO says debt reduction efforts yield results","date":"September 26, 2025","format":false,"excerpt":"\r New World Development (NWD), controlled by one of Hong Kong\u2019s richest families, reported losses for the second consecutive year even as its CEO assured shareholders that there was no need for \u201cundue concern\u201d. The developer, which has been battling liquidity problems for the past three years, said losses from\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\/156518"}],"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=156518"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/156518\/revisions"}],"predecessor-version":[{"id":156519,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/156518\/revisions\/156519"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=156518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=156518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=156518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}