business · Thestandard

CK Asset Launches 10 Luxury Units at 21 Borrett Road Phase 2 for Tender

about 2 hours ago2 MIN
CK Asset Launches 10 Luxury Units at 21 Borrett Road Phase 2 for Tender

Summary

CK Asset Holdings Limited (stock code: 1113) is set to tender 10 luxury residential units at its 21 Borrett Road Phase 2 project in Mid-Levels, commencing next Monday. The units, situated on the 6th through 17th floors, range in size from 1,875 to 2,193 square feet and feature three-bedroom and four-bedroom layouts . Sales manager Kristy Chan Wing-chi reported substantial interest from prospective purchasers looking to acquire multiple units, prompting the developer to strategically select the 10 units across low, mid, and high floors . Notably, the entire 6th floor comprising four units is included in the offering to accommodate demand for bulk purchases . The development has already achieved significant sales success, with 14 units sold to date generating over HK$2.5 billion in revenue .

Key Points

  • Ten luxury homes at 21 Borrett Road Phase 2 in Mid-Levels will be offered via tender starting Monday
  • Unit sizes range from 1,875 to 2,193 square feet; layouts include three- and four-bedroom configurations
  • Units span the 6th to 17th floors, selected across low, mid, and high floors to meet buyer preferences
  • Four units on the entire 6th floor are included to accommodate buyers interested in purchasing multiple units
  • The project has sold 14 units totalling more than HK$2.5 billion since its launch

Why It Matters

The launch underscores sustained demand for ultra-luxury residential properties in Hong Kong's Mid-Levels precinct, where limited supply continues to support premium pricing . Strong buyer appetite for multiple units at a single development signals confidence among high-net-worth individuals in the long-term value of Hong Kong's prime residential market .
The launch underscores sustained demand for ultra-luxury residential properties in Hong Kong's Mid-Levels precinct, where limited supply continues to support premium pricing . Strong buyer appetite for multiple units at a single development signals confidence among high-net-worth individuals in the long-term value of Hong Kong's prime residential market .

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