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The Nexus
BUSINESSJun 26 · 05:30 UTCSCMP CHINACheryl Arcibal

CK Asset sells penthouse in Hong Kong’s Mid-Levels for US$48.5m, sets pricing benchmark

CK Asset Holdings sold a penthouse in Hong Kong’s Mid-Levels for HK$380.77 million (US$48.5 million), achieving the highest price per square foot for the development and new home sales this year. The unit, located at 21 Borrett Road, was sold via tender, highlighting a rebound in the city’s high-end residential market.

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Mentioned
CK Asset HoldingsorganizationLi Ka-shingpersonHong Kong’s Mid-Levelsplace21 Borrett Roadplacehigh-end residential segmenttopic
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