Back    Zoom +    Zoom - Top
<HK Home>NWD-FEC 'The Pavilia Forest' Series Sells 266 Flats, Cashing in $1.8B+
Recommend
9
Positive
11
Negative
5
NEW WORLD DEV (00017.HK) and FE CONSORT INTL (00035.HK) have sold 266 units of their joint development project, "The Pavilia Forest" series in Kai Tak, accounting for nearly 74% of the units available for sale, cashing in more than $1.8 billion.

Among them, the house king Unit C, 12/F, Block 1, with a saleable area of 579 sq.ft., is a three-bedroom unit with an en-suite bathroom. It was sold for $12.393 million, or $21,404 per sq.ft., setting a new high for the project in terms of both transaction price and price per sq.ft.

Related NewsCiti Ratings, TPs on HK Property Stocks (Table)

AAStocks Financial News