21 Borrett Road Phase 2 Sells Unit for HK$151 Million
Thestandard · 1 SOURCESabout 2 hours ago2 MIN
Summary
CK Asset's (1113) luxury residential project 21 Borrett Road phase 2 in Mid-Levels has closed a significant transaction, with an 11th-floor unit selling for HK$151 million, or HK$68,855 per square foot . The property is a four-bedroom, two-bathroom unit measuring 2,193 square feet, and was sold together with two parking spaces . Phase 2 of the development comprises 66 units in total, with 60 being standard strata units featuring mainly three-bedroom and four-bedroom double-suite designs ranging from 1,875 to 2,193 square feet . Phase 1 of 21 Borrett Road offers 115 residential units, including 106 standard units with four-bedroom and five-bedroom layouts from 2,154 to 2,945 square feet, as well as special units ranging from 2,075 to 3,378 square feet .
Key Points
- Unit on the 11th floor sold for HK$151 million, working out to HK$68,855 per square foot
- The 2,193 sq ft property features four bedrooms and two bathrooms, sold with two parking spaces
- Phase 2 provides 66 units in total, with 60 standard strata units available
- Standard units in phase 2 range from 1,875 to 2,193 sq ft, with double-suite designs
- Phase 1 contains 115 residential units including 106 standard units and special units up to 3,378 sq ft
Why It Matters
The sale price per square foot of nearly HK$69,000 underscores the continued strength of Hong Kong's ultra-luxury residential market in prime Mid-Levels locations . This transaction by CK Asset, one of the city's largest developers, reflects sustained demand among high-net-worth buyers for super-sized units in exclusive residential projects .
The sale price per square foot of nearly HK$69,000 underscores the continued strength of Hong Kong's ultra-luxury residential market in prime Mid-Levels locations . This transaction by CK Asset, one of the city's largest developers, reflects sustained demand among high-net-worth buyers for super-sized units in exclusive residential projects .