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NEW WORLD DEV: Total 4,400+ Units to Be Launched in FY2024/25
NEW WORLD DEV (00017.HK) disclosed earlier in an investor newsletter that the “THE PAVILIA FOREST” residential project, jointly developed by the Group and FE CONSORT IN...
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NEW WORLD DEV: Total 4,400+ Units to Be Launched in FY2024/25
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NEW WORLD DEV (00017.HK)  -0.050 (-0.980%)    Short selling $10.72M; Ratio 14.420%   disclosed earlier in an investor newsletter that the “THE PAVILIA FOREST” residential project, jointly developed by the Group and FE CONSORT INTL (00035.HK)  +0.010 (+1.099%)   , recorded an accumulated sale of 519 units since its launch, generating over $3.5 billion in revenue and setting a sales record for the Kai Tak runway area in 2024.

In the future, the Group will accelerate the sales progress of several projects such as the “Island Coast” Phase V at Wong Chuk Hang MTR Station, luxury residences on Castle Road in Mid-Levels, and developments in Kai Tak.

Together with the property projects already in their sales phase, a total of over 4,400 units will be launched in the 2024/25 fiscal year.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-12 16:25.)

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