🌍 World 11h ago · Cheryl Arcibal

NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump

South China Morning Post World
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NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump
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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’s residential property market amid a slumping Hang Seng Index.
NWD said the flats would be sold via a regular price list on a “first come, first served” basis as the developer announced that the project had so far sold 42 residences worth about HK$2.4 billion (US$306 million) via a tender.
The launch on Friday...

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