New World Development Company Limited has reported robust sales performance in both the Mainland and Hong Kong markets. The company is set to deliver three luxury residential projects this quarter, enhancing capital recycling efforts. In July, the luxury residential projects "CITY GATHER" in Shanghai and "NEW METROPOLIS MANSION" in Guangzhou commenced delivery. Additionally, "THE PAVILIA FOREST," a new luxury residence in Hong Kong's Kai Tak runway area, is slated for ready-for-occupancy sale in September. The ultra-luxury residence "DEEP WATER PAVILIA II" in Island South, Hong Kong, achieved over 90% sales of its first batch. New World Development's commitment to sustainable development has been recognized with awards at the Real Estate Asia Awards 2025, including "Sustainable Development of the Year - China" for the "Hangzhou New World Arts Centre" and "ESG Initiative of the Year - Hong Kong" for the "New World Sustainability Vision 2030+" (SV2030+). This recognition underscores the Group's strategic focus on sustainability through SV2030+, which emphasizes Future-Fit Places, Organisational Resilience, and Enriched Lives. Furthermore, "K11 ELYSEA" in Shanghai and "THE PARK by K11 Select" in Ningbo received the Gold Award in the "Better Future Hong Kong Design Awards 2025" for their outstanding architectural design and sustainable practices, highlighting New World China's dedication to excellence and innovation in design.
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