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 high-end residential segment.Unit 10 on the 20th floor of 21 Borrett Road in the upscale district in Central fetched HK$126,000 per square foot, the highest price for the development and for new home sales this year, according to the statement on Thursday.The five-bedroom flat, with three en suite rooms and a saleable area of 3,022 sq ft, offers panoramic views stretching from Central to Wan Chai.
SRCSouth China Morning Post
LANGEN
LEANCenter-Right
WORDS108
ENT7
FRI · 2026-06-26 · 05:30 GMTBRIEF NSR-2026-0626-87545
NSR-2026-0626-87545News Report·EN·Economic Impact
CK Asset sells penthouse in Hong Kong’s Mid-Levels for US$48.5m, sets pricing benchmark
CK Asset Holdings, the property developer of tycoon Li Ka-shing, has sold a penthouse at its luxury residential project, 21 Borrett Road, in Hong Kong's Mid-Levels for HK$380.77 million (US$48.5 million). The sale, conducted via tender, achieved HK$126,000 per square foot, setting a new pricing benchmark for the development and for new home sales in the city this year.
Cheryl ArcibalSouth China Morning PostFiled 2026-06-26 · 05:30 GMTLean · Center-RightRead · 1 min
South China Morning PostFIG 01
Reading time
1min
Word count
108words
Sources cited
1cited
Entities identified
7entities
Quality score
100%
§ 01
Briefing Summary
AI-generatedNEWSAR · AI
CK Asset Holdings, the property developer of tycoon Li Ka-shing, has sold a penthouse at its luxury residential project, 21 Borrett Road, in Hong Kong's Mid-Levels for HK$380.77 million (US$48.5 million). The sale, conducted via tender, achieved HK$126,000 per square foot, setting a new pricing benchmark for the development and for new home sales in the city this year. This transaction highlights a perceived rebound in Hong Kong's high-end residential market. The five-bedroom penthouse, located on the 20th floor, boasts a saleable area of 3,022 sq ft and offers extensive views.
Confidence 0.85Sources 1Claims 4Entities 7
§ 02
Article analysis
Model · rule-basedFraming
Economic Impact
Human Interest
Tone
Measured
AI-assessed
CalmNeutralAlarmist
Factuality
0.90 / 1.00
Factual
LowHigh
Sources cited
1
Limited
FewMany
§ 03
Key claims
4 extracted01
The penthouse is a five-bedroom flat with three en suite rooms and a saleable area of 3,022 sq ft.
factualCK Asset Holdings
Confidence
1.00
02
The sale price of HK$126,000 per square foot is the highest for the development and for new home sales this year.
statisticCK Asset Holdings
Confidence
1.00
03
A penthouse at CK Asset Holdings’ luxury residential project in Hong Kong’s Mid-Levels was sold for HK$380.77 million (US$48.5 million).
statisticCK Asset Holdings
Confidence
1.00
04
The sale underscores the rebound in the city’s high-end residential segment.
factualCK Asset Holdings
Confidence
0.90
§ 04
Full report
1 min read · 108 words§ 05
Entities
7 identifiedKey playerOppositionContextPositiveNeutralNegative
Organizations1
Locations4
§ 06
Keywords & salience
9 termshong kong property market
1.00
luxury residential project
1.00
penthouse sale
0.90
pricing benchmark
0.80
ck asset holdings
0.70
high-end residential segment
0.60
mid-levels
0.60
new home sales
0.50
tender sale
0.40
§ 07
Topic connections
Interactive graph Network visualization showing 51 related topics
View Full Graph Person Organization Location Event|Click node to navigate|Edge numbers = shared articles