business · AM730

Ying Tin 4-Bed Flat Sells for HK$159M+ at Record HK$74,000 PSF

about 2 hours ago1 MIN
Ying Tin 4-Bed Flat Sells for HK$159M+ at Record HK$74,000 PSF

Summary

CK Asset Holdings Limited (stock code: 1113) recorded a record-breaking sale at its Phase II "Ying Tin" super-luxury development at 21 Borrett Road on Hong Kong Island on September 2, 2026. The company sold Unit 10 on the 16th floor via tender for over HK$159 million, achieving HK$74,000 per square foot and setting new highs for both total price and price-per-square-foot among standard flat units at the project .

Key Points

  • The sold unit features a 4-bedroom dual-ensuite layout with a saleable area of 2,153 square feet, priced at over HK$159 million
  • The transaction sets a record HK$74,000 per square foot for standard flat units at the Ying Tin development
  • CK Asset Sales Manager Chan Wing-chi stated the project's irreplaceable location, high privacy design, and top-tier amenities continue to attract affluent buyers
  • The buyer's settlement period is 45 days, and the deal fully reflects sustained demand from high-end buyers for quality properties
  • The project comprises 66 residential units in total, with 60 standard flats ranging from 1,875 to 2,193 sq ft

Why It Matters

The record-breaking transaction underscores the resilience of Hong Kong's ultra-luxury residential market amid broader economic uncertainty, signaling that wealthy buyers remain confident in prime residential assets as stores of value .
The record-breaking transaction underscores the resilience of Hong Kong's ultra-luxury residential market amid broader economic uncertainty, signaling that wealthy buyers remain confident in prime residential assets as stores of value .

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