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NWD and partners set record-low price for Southside Hong Kong flats

Summary by South China Morning Post
The sale will provide some relief for the cash-strapped developer, which last week postponed interest payments on US$3.4 billion in bonds.

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South China Morning PostSouth China Morning Post
Center

NWD and partners set record-low price for Southside Hong Kong flats

The sale will provide some relief for the cash-strapped developer, which last week postponed interest payments on US$3.4 billion in bonds.

·Hong Kong
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Business TimesBusiness Times

New World prices Hong Kong luxury home project at record low

New World Development launched a luxury residential project on the south side of Hong Kong Island at a record low price as the embattled developer aims to accelerate property sales amid debt concerns.

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South China Morning Post broke the news in Hong Kong on Thursday, June 5, 2025.
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