New World Development’s The Pavilia Farm residential project atop the Tai Wai MTR station. Photo: Xiaomei Chen New World Development’s The Pavilia Farm residential project atop the Tai Wai MTR station. Photo: Xiaomei Chen
New World Development’s The Pavilia Farm residential project atop the Tai Wai MTR station. Photo: Xiaomei Chen

New World Development launches mega Hong Kong project at lower-than-expected prices, as Covid-19, recession weigh on market

  • First batch of 180 units will be offered at prices ranging from HK$6.3 million to HK$19.9 million each
  • Poor economic performance, rising unemployment will force developers to price new flats at lower prices: analyst

Topic |   Hong Kong property
New World Development’s The Pavilia Farm residential project atop the Tai Wai MTR station. Photo: Xiaomei Chen New World Development’s The Pavilia Farm residential project atop the Tai Wai MTR station. Photo: Xiaomei Chen
New World Development’s The Pavilia Farm residential project atop the Tai Wai MTR station. Photo: Xiaomei Chen
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