New World Development Achieves HK$26 Billion Sales Target, Showcases Strong Performance in Mainland and Hong Kong

Reuters
06-30
New World Development Achieves HK$26 Billion Sales Target, Showcases Strong Performance in Mainland and Hong Kong

New World Development Company Limited has reported significant progress in its property sales for the FY2024/2025, achieving its HK$26 billion contracted sales target by 25 June. In the Mainland, the company saw robust sales momentum, particularly with projects such as "THE SILLAGE" in Guangzhou, which ranked at the top in sales charts for the Liwan District and launched a successful "Property Upgrade Programme for Core Cities." This resulted in a 1.6 times year-on-year increase in visitation. The "Guangzhou Foshan New World Metropolitan Complex" also attracted significant interest, notably selling five exclusive villas to Hong Kong-based buyers during the "618" shopping festival, where sales volumes doubled. Moreover, the "PAVILIA COLLECTION" projects, including "THE PAVILIA FOREST" in Hong Kong's Kai Tak runway area, have been performing strongly, with over 580 units sold and achieving a transaction price close to HK$25,500 per square foot. The K11 ECOAST in Shenzhen, a cultural-tourism hotspot, saw a peak visitation of 300,000 visitors on the first day of the Labour Day holiday and has been enhancing its attractions with new retail brands and plans for an "Outdoor + Sports" carnival. In Hong Kong, the DEEP WATER PAVILIA project has topped sales and volume among luxury new developments on Hong Kong Island, highlighting New World Development's strong market presence and success in both the Mainland and Hong Kong property markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New World Development Co. Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10