Hong Kong developers Sino Group, NWD delay home sales after deadly Tai Po fire

Hong Kong developers Sino Group, NWD delay home sales after deadly Tai Po fire


Sino Group and New World Development announced on Thursday that the sale of 150 units at One Park Place in Yau Tong, and 63 units at the Austin Bohemian project in Tsim Sha Tsui, respectively, would be deferred.

Both Sino Group and NWD did not disclose the reason for the postponement or when the sales would be rescheduled.

The fire was still raging as of Thursday morning, according to authorities. At least 44 people, including a firefighter, died, with nearly 280 people still missing. Among those hospitalised, 45 were in serious condition. Some 900 people sought refuge in various community halls.

The cancellation of the property sales was one of a number of activities suspended.


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