New World Development (HKG:0017) will begin selling a new batch of flats at the Pavilia Forest II in Hong Kong's Kai Tak starting Saturday, Hong Kong's The Standard reported Wednesday.
The batch will consist of 101 units with prices of up to HK$25,500 per square foot, the report said.
Shares of the company declined over 1% in late-morning trade Thursday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)