NWD-led group gets US$166 million from sale of 24 luxury homes in Southern district
A consortium of developers, led by New World Development (NWD), raked in HK$1.3 billion (US$166 million) from the sale of 24 luxury units in Hong Kong’s Southern district, as wealthy buyers take advantage of a market downturn to acquire prized assets. On Friday, a 1,706 sq ft, four-bedroom unit in Deep Water Pavilia, a 447-unit…