NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump
New World Development is testing the Hong Kong property market by offering 28 flats for sale at its Pavilia Rosa project. This comes as the Hang Seng Index experiences a slump, influenced by geopolitical tensions and potential US interest rate hikes. Despite market volatility, primary market transactions have seen recent surges, with NWD having already sold 42 residences worth HK$2.4 billion through a tender. AI
