CK Asset Sells Two Four-Bedroom Units at Borrett Road Project for Over HKD 276 Million
CK Asset (01113) sold two four-bedroom, two-suite units at Phase 2 of its 21 Borrett Road project on Hong Kong Island's Mid-Levels by tender for a combined over HKD 276 million. The units, on the 8th and 9th floors, each have 2,137 square feet of saleable area and fetched over HKD 137 million and HKD 139 million, or HKD 64,200 and HKD 65,200 per square foot. About 14 units have sold in roughly three months for over HKD 2.5 billion; including Phase 1, 18 units have raised over HKD 3 billion.
CK Asset (01113) has sold two four-bedroom, two-suite units at Phase 2 of its 21 Borrett Road project in Mid-Levels on Hong Kong Island by tender, for a combined consideration of more than HKD 276 million, with the highest saleable-area price reaching HKD 65,200 per square foot.
The two units are located on the 8th and 9th floors, both numbered 9, and each has a saleable area of 2,137 square feet. They sold for more than HKD 137 million and HKD 139 million, or HKD 64,200 and HKD 65,200 per square foot respectively.
About 14 units have been sold at the project over roughly three months, for cumulative sales of more than HKD 2.5 billion. Since sales began, the development has recorded multiple instances of consecutive transactions in a single day, which also drove the sale of four units at the adjacent Phase 1. Counting from the launch of sales, the entire project, comprising Phase 1 and the Phase 2 development, has sold 18 units, raising more than HKD 3 billion in cumulative cash proceeds.
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