Empire Group

New Business

New World ramps up luxury home sales in Hong Kong and mainland China

New World Development (NWD) is ramping up the delivery of residential projects in Hong Kong and mainland China after raising…

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New Business

Hong Kong developer NWD meets 2025 sales target and wins commitment to refinancing

Hong Kong developer New World Development (NWD) secured some much-needed financial relief by hitting a 2025 property sales target of…

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New Business

First batch of flats in NWD-led Deep Water Pavilia goes on sale on Saturday

A consortium led by New World Development (NWD) on Saturday will sell the first batch of flats in a new…

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New Business

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

A consortium of builders led by New World Development (NWD) priced a new residential project on the south side of…

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New Business

Hong Kong developer NWD to launch second State Pavilia offering after weekend sell-out

New World Development (NWD) is launching a second offering of flats at its State Pavilia project in North Point on…

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New Business

Hong Kong property: 10,000 new flats set to hit already supply-heavy market in 2025

Around 10 large residential projects comprising at least 10,000 new flats will hit the Hong Kong market in 2025 as…

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New Business

New World loses more market value as developer strives to contain debt crisis

New World Development (NWD) can’t seem to catch a break. Two rounds of top management shake-up to tackle its debt…

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