CK Asset sells Mid-Levels penthouse for record price
Hong Kong billionaire Li Ka-shing’s flagship property developer CK Asset Holdings has sold a penthouse mansion at a luxury development in Mid-Levels in Central for HK$362 million (US$46.2 million), setting a per square foot price record for first-hand transactions this year. The 2,911 sq ft unit on the 20th floor of the second phase of 21 Borrett Road went for HK$124,356 per square foot via public tender, according to a statement from the developer on Sunday. The unit that wa
CK Asset Holdings, linked to Hong Kong billionaire Li Ka-shing, sold a luxury penthouse in Mid-Levels for a record amount. The property, located on the 20th floor of a high-end development, was sold for HK$362 million. The sale set a new per square foot price record for first-hand transactions this year. The unit measured 2,911 square feet and was sold via public tender. The developer confirmed the details in a statement released on Sunday. The transaction highlights the continued strength of the luxury real estate market in Hong Kong. This sale underscores the high demand for premium properties in prime locations.
The sale reflects the ongoing demand for high-end properties in Hong Kong's competitive real estate market.
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