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NEW WORLD DEV Achieves Annual Contracted Sales Target of $26B
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NEW WORLD DEV (00017.HK) announced that, as of 25 June, the Group completed its contracted sales target of $26 billion for the 2024/2025 fiscal year.

In terms of Hong Kong operations, the Group, in collaboration with Empire Group, CSI PROPERTIES (00497.HK), LAI SUN DEV (00488.HK) and MTR CORPORATION (00066.HK), developed the Deep Water Pavilia in Wong Chuk Hang.

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As of 25 June, over 330 units have been sold, with approx. 70% opting for a 120-day cash payment plan, and the highest transaction price per square foot reaching about $50,000.

Moreover, the Group's Pavilia Forest project in Kai Tak, developed in cooperation with FE CONSORT INTL (00035.HK), has sold over 580 units as of 25 June, with the highest transaction price per square foot around $25,500.
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