21 Borrett Road 4-Bed Luxury Unit Sold for HK$151M at HK$68,855 psf
On.cc · 2 SOURCESabout 1 hour ago1 MIN
Summary
CK Asset Holdings Limited (stock code: 01113) has closed another blockbuster deal at its 21 Borrett Road development in Mid-Levels, Hong Kong Island. The property, Unit 11 on the 11th floor, sold via tender on Monday, March 17, for HK$151 million, achieving approximately HK$68,855 per sq ft.
Key Points
- The sold unit (Unit 11F/3) features a 2,193 sq ft saleable area with a four-bedroom, double en-suite layout, plus two parking spaces
- The transaction was conducted through tender on March 17, with the deal recorded in the Sales Register
- CK Asset Holdings (01113) developed the project, which comprises two phases, both now completed and ready for occupation
- Phase 1 offers 115 residential units, with 106 standard units ranging from 2,154 to 2,945 sq ft in 4-5 bedroom configurations
- Phase 2 provides 66 units, primarily 3-4 bedroom designs between 1,875 and 2,193 sq ft, including six special units
Why It Matters
The continued high-value transactions at 21 Borrett Road underscore sustained demand for Hong Kong's top-tier residential properties, with super-prime units trading at record-breaking per-square-foot rates despite broader market headwinds.
The continued high-value transactions at 21 Borrett Road underscore sustained demand for Hong Kong's top-tier residential properties, with super-prime units trading at record-breaking per-square-foot rates despite broader market headwinds.