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Li Ka-shing’s CK Asset achieves record US$46.2 million penthouse sale in Mid-Levels

CK Asset Holdings, under billionaire Li Ka-shing, recently sold a penthouse in Central's Mid-Levels for HK$362 million, breaking records with a price of HK$124,356 per square foot. This transaction underscores persistent demand for luxury real estate in Hong Kong, even amid geopolitical uncertainties that influence investor sentiment.

BRIC Team
BRIC Team
Jun 14, 2026 · 1 min read · 1 views
Li Ka-shing’s CK Asset achieves record US$46.2 million penthouse sale in Mid-Levels

Key Takeaways

  • •CK Asset Holdings sold a penthouse for HK$362 million, marking the highest price per square foot this year at HK$124,356.
  • •The penthouse, located on the 20th floor of 21 Borrett Road, boasts a floor-to-ceiling height of 3.5 meters.
  • •William Kwok stated that the sale reflects investor behavior amid 'lingering uncertainties' from the US-Israel conflict.
  • •Properties valued at HK$100 million or more are driving a growing trend in Hong Kong's luxury real estate market.
  • •The sale is part of a series of high-value transactions highlighting sustained interest in premium properties in Hong Kong.

CK Asset Holdings, billionaire Li Ka-shing's flagship, hit big milestone selling a penthouse in Mid-Levels Central for HK$362 million (around US$46.2 million). Deal was through public tender,setting record for highest price per square foot in first-hand sales this year: HK$124,356 per square foot.

The penthouse,on 20th floor of second phase of 21 Borrett Road, boasts 3.5-meter floor-to-ceiling height. Comes with five bedrooms,three of which have ensuite baths. Sale highlights a trend in Hong Kong's luxury real estate — properties over HK$100 million are hot.

William Kwok,CK Asset's sales chief, says this sale happens amid “lingering uncertainties” from US-Israel conflict involving Iran . Geopolitical tensions push investors to diversify portfolios. Yet demand for high-end homes in Hong Kong stays strong, showing market's resilience.

This sale is part of series of big-money deals in super luxury segment . Interest in premium properties continues...

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