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NEW WORLD DEV: Total 4,400+ Units to Be Launched in FY2024/25
Recommend 2 Positive 12 Negative 2 |
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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 INTL (00035.HK), 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. AAStocks Financial News |
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