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CK Asset sells HK penthouse for US$48.5M, setting new price benchmark

By PulseAugur Editorial · [1 sources] ·

CK Asset has sold a penthouse in Hong Kong's Mid-Levels for US$48.5 million, establishing a new pricing benchmark for new homes this year. The unit, located at 21 Borrett Road, achieved HK$126,000 per square foot, marking the highest price for both the development and new home sales in the city for 2024. This transaction underscores the increasing activity and value within Hong Kong's luxury property market. AI

RANK_REASON This is a real estate transaction, not an AI-related event.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

CK Asset sells HK penthouse for US$48.5M, setting new price benchmark

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  1. SCMP — Tech TIER_1 English(EN) · Cheryl Arcibal ·

    CK Asset sells penthouse in Hong Kong’s Mid-Levels for US$48.5m, sets pricing benchmark

    A penthouse at CK Asset Holdings’ luxury residential project in Hong Kong’s Mid-Levels has been sold via tender for HK$380.77 million (US$48.5 million), according to a statement from the flagship property developer of tycoon Li Ka-shing, underscoring the rebound in the city’s hig…

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