New World posts a third sell-out weekend in Tai Wai as buyers rush to park their money in flats amid era of low interest rates

• New World Development said it sold all 337 flats at Phase II of The Pavilia Farm project in Tai Wai in the New Territories, for a haul of HK$3.4 billion (US$438 million) within nine hours
• Across town at Kau To Shan, CK Asset Holdings saw a cooling in buyers’ enthusiasm, selling only 10 flats and four houses a day earlier at the upmarket El Futuro project, out of 42 flats and 12 houses offered