CK Asset Sells Borrett Road Ultra-Luxury Unit for HK$145M+ via Tender
SingTao · 2 SOURCESabout 3 hours ago3 MIN
Summary
CK Asset Holdings has sealed a multimillion-dollar deal at its Borrett Road super-luxury development, with a four-bedroom dual-ensuite residence changing hands for over HK$145 million via tender on Monday. The 2,153-sq-ft unit, located on the 12th floor, fetched approximately HK$67,600 per square foot, underscoring sustained demand for premium residential properties in Hong Kong's Mid-Levels corridor.
Key Points
- The property, named Ying Tin (應天), is situated on Borrett Road in Mid-Levels and developed by CK Asset Holdings
- Unit 10 on the 12th floor spans 2,153 square feet with a four-bedroom dual-ensuite layout
- The transaction was conducted via tender at a total price exceeding HK$145 million
- The achieved price per square foot stands at HK$67,600
- CK Asset sales manager Chan Wing-chee noted that similar top-tier luxury units are in scarce supply
Why It Matters
The successful sale demonstrates continued confidence in Hong Kong's ultra-luxury residential market despite broader economic headwinds. Chan emphasized that the limited availability of comparable super-luxury inventory is likely to sustain positive market sentiment in the high-end segment .
The successful sale demonstrates continued confidence in Hong Kong's ultra-luxury residential market despite broader economic headwinds. Chan emphasized that the limited availability of comparable super-luxury inventory is likely to sustain positive market sentiment in the high-end segment .