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CK Asset Sells Mid-Levels Penthouse for Record US$46.2 Million

CK Asset Holdings, a property developer led by Hong Kong billionaire Li Ka-shing, has sold a penthouse in Mid-Levels for HK$362 million (US$46.2 million). This sale sets a new record for the highest price per square foot in a first-hand transaction this year. The 2,911 sq ft unit at 21 Borrett Road was sold via public tender and features a five-bedroom layout. The developer cited investor diversification due to global uncertainties as a factor driving demand for scarce, ultra-luxury residences in Hong Kong. AI

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

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CK Asset Sells Mid-Levels Penthouse for Record US$46.2 Million

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This is a real estate transaction, not an AI-related development.
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94 days old
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COVERAGE [1]

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

    Li Ka-shing’s CK Asset sets a 2026 record with US$46.2 million Mid-Levels penthouse sale

    Hong Kong billionaire Li Ka-shing’s flagship property developer CK Asset Holdings has sold a penthouse mansion at a luxury development in Mid-Levels in Central for HK$362 million (US$46.2 million), setting a per square foot price record for first-hand transactions this year. The …