New World Development's Project Sells 67 Units for Over HK$2.8B, Offers 2-Year Floral Decorations
On.cc · 1 SOURCESabout 3 hours ago2 MIN
Summary
New World Development's sales performance continues to demonstrate robust market demand for luxury residential properties. The company's project has recorded cumulative sales of 67 units generating over HK$2.8 billion in revenue, with most units offering Monet-style garden and swimming pool views. The developer is sweetening the deal for buyers of 11 specified units by providing two years of festive floral decoration privileges, aligning with the project's "Garden City" heritage theme. Meanwhile, the company is preparing to launch another development in North Point, with model units opening for media inspection and sales arrangements expected this week.
Key Points
- New World Development's project has sold 67 units in total, generating over HK$2.8 billion in revenue
- Buyers of 11 specific units (G2 and G5 types) receive a two-year festive floral decoration privilege
- The garden design draws inspiration from French painter Claude Monet's artworks, incorporating floral and green elements
- Three three-bedroom units were sold within three days, generating over HK$72 million
- The specified three-bedroom units have saleable areas ranging from 867 to 976 sq ft
- A North Point project on Heard Street is planned to upload sales arrangements on September 16, with price list launching this week
Why It Matters
This sales milestone underscores sustained appetite for premium residential properties in Hong Kong's luxury segment despite broader market uncertainties. The innovative buyer incentives, such as the Monet-inspired garden theme and festive floral privileges, reflect developers' strategies to differentiate their offerings in a competitive market. The anticipated launch of the North Point project demonstrates New World's continued pipeline of new developments targeting affluent buyers seeking unique living experiences.
This sales milestone underscores sustained appetite for premium residential properties in Hong Kong's luxury segment despite broader market uncertainties. The innovative buyer incentives, such as the Monet-inspired garden theme and festive floral privileges, reflect developers' strategies to differentiate their offerings in a competitive market. The anticipated launch of the North Point project demonstrates New World's continued pipeline of new developments targeting affluent buyers seeking unique living experiences.