New World Development Company, founded in 1970, is a prominent Hong Kong-based conglomerate with a core mission to create sustainable and innovative living environments. The company's vision emphasizes "Artisanal Living," focusing on high-quality, bespoke residential and commercial properties. Their diverse portfolio includes real estate developments such as The Pavilia Farm series, Atrium House, and Mount Pavilia. Additionally, they offer bespoke community services through Klub11 and New World Club, catering to the evolving needs of modern urban dwellers.
Notable figures associated with New World Development include its founder, Dr. Cheng Yu-tung, and his family, who have played significant roles in its growth. The company has attracted substantial investments from various global financial institutions. Key achievements include the successful development of landmark properties and the establishment of a strong brand presence in the luxury real estate market. Overall, New World Development has significantly impacted urban development in Hong Kong by integrating sustainability and innovation into its projects.