Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II

Quick Summary:

Pavilia Forest II recorded only one sale as of 5pm on Saturday, while Double Coast I found buyers for 20 units out of 58 flats on offer.

Pavilia Forest II, located at Shing King Street, is a joint project of New World Development and Far East Consortium.

The woeful results of this weekend’s new home sales appear to cloud the outlook for the city’s property sector, following last month’s homebuying euphoria.

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Article Details

Author / Journalist: Daniel Ren

Category: Business

Markets: Hong KongMacau

Topics: City’s Flats Pavilia Last Homebuyers Hong Discounts Forest Kong Offer November

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 19:44:18 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 213 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 43 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23369959

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Official Website: scmp.com

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