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Property

Hong Kong's New World to demolish new condo towers over defects

Pavilia Farm project attracted record buyer interest

Hong Kong residents lined up on Oct. 14, 2020 to buy apartments in New World Development's Pavilia Farm development.   © Reuters

HONG KONG -- Two new 57-story apartment buildings under construction atop a train station are to be demolished in Hong Kong after real estate company New World Development found serious construction defects.

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