Blue Coast II – Charm

New World Development and partners set record-low price for Southside Hong Kong flats

Cs news6 days ago03 mins

A consortium of builders led by New World Development (NWD) priced a new residential project on the south side of Hong Kong Island below all neighbouring developments, as the embattled company seeks to whittle down HK$124 billion (US$15.8 billion) in debt. The developers priced 101 flats in the 447-unit Deep Water Pavilia project in Wong…

Homebuyers swarm Hong Kong’s biggest sales launch in 6 months after relaxed lending rules

Cs news8 months ago03 mins

Homebuyers swarmed property show rooms in Wong Chuk Hang and Kai Tak on Saturday, snapping up the 504 flats on offer in Hong Kong’s biggest sales launch in six months after the monetary authority relaxed the city’s mortgage financing rules. CK Asset Holdings and MTR Corporation sold 188 of the 256 flats at their Blue…