--- title: "New World: K11 MUSEA's August foot traffic reached a new monthly high since opening, with average single transaction spending by visitors increasing by 30%" description: "K11 MUSEA, a shopping mall under New World Development, achieved a record high in foot traffic for a single month since its opening in August, with average spending per visitor increasing by 30% year-" type: "news" locale: "en" url: "https://longbridge.com/en/news/255876057.md" published_at: "2025-09-04T02:37:40.000Z" --- # New World: K11 MUSEA's August foot traffic reached a new monthly high since opening, with average single transaction spending by visitors increasing by 30% > K11 MUSEA, a shopping mall under New World Development, achieved a record high in foot traffic for a single month since its opening in August, with average spending per visitor increasing by 30% year-on-year. Overall foot traffic grew by approximately 20% year-on-year. The visitor numbers and sales at K11 Select in Tianjin and K11 in Guangzhou also saw significant increases, rising by 12% and 36% respectively. Meanwhile, sales activities for properties in mainland China attracted a large number of visitors, with some projects experiencing a notable increase in visitor numbers New World Development (00017.HK) K11 MUSEA mall's foot traffic in August reached a new monthly high since its opening. Throughout the summer vacation, the average single transaction spending by tourists also increased by approximately 30% year-on-year. The group indicated that K11 MUSEA and K11 Art Mall attracted visitors through a series of events since early July this year, with overall foot traffic in August rising by about 20% year-on-year. K11 also collaborated with merchants to offer consumer benefits, driving visitor spending throughout the summer vacation, with K11 MUSEA's average single transaction spending increasing by about 30% year-on-year. The performance of watch and jewelry brands was particularly outstanding, with member sales increasing by 20% year-on-year. In mainland China, Tianjin K11 Select saw foot traffic grow by 12% year-on-year in July, surpassing 430,000 visitors, setting a new monthly high since its opening; during the same period, overall sales increased by 19% compared to last year. Guangzhou K11 hosted the "100% Doraemon & FRIENDS" touring exhibition in the summer and introduced over 30 high-end brand flagship stores and new concept stores, leading to a 36% year-on-year increase in foot traffic during the summer vacation, with overall sales also rising by 24% year-on-year. The summer sales exhibition activities for mainland properties significantly boosted the viewing volume of residential projects such as "Triumph New World," "New World - Tianfu," and "New World Starshine." Among them, the daily visitor count for the "New World Starshine" sales exhibition exceeded 150 groups; the visitor count for "New World? Tianfu" during the sales exhibition period increased by 1.3 times month-on-month, prompting the project to launch 88 river view units. The visitor count for "Triumph New World" increased by 85% month-on-month, and the project also launched low-density villas with a construction area of approximately 2,734 to 8,988 square feet ### Related Stocks - [00017.HK - NEW WORLD DEV](https://longbridge.com/en/quote/00017.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | NWD shares jump after market views likely stake sale to Blackstone as positive | NWD shares surged 4.4% amid speculation of a stake sale to Blackstone, which could enhance the developer's balance sheet | [Link](https://longbridge.com/en/news/274264554.md) | | Hong Kong builder New World makes progress escaping distress | New World Development, a Hong Kong property firm, is making strides to recover from a property slump, improving liquidit | [Link](https://longbridge.com/en/news/273458052.md) | | Elon Musk Says Tesla Will Have 'Largest Fleet' Of Autonomous Vehicles As Far Into The Future As He Can Imagine | Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), announced that he envisions Tesla having the largest fleet of autonomous veh | [Link](https://longbridge.com/en/news/276007509.md) | | Mediterranean Tourism Investment FY Profit 1.6 Million Dinars | MEDITERRANEAN TOURISM INVESTMENT COMPANY PSC (MDTR.AM):MEDITERRANEAN TOURISM INVESTMENT FY NET PROFIT ATTRIBUTABLE 1.6 M | [Link](https://longbridge.com/en/news/275999518.md) | | Best PPC Firm Expands PPC Advertising Services and SEO Services for Small Business in 2026 | Best PPC Firm has announced the expansion of its PPC advertising and SEO services for small businesses in 2026. The agen | [Link](https://longbridge.com/en/news/275997477.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.