CK Asset releases third price list for 174 Blue Coast units, sets stage to sell a total of 422 flats this weekend
- The third price list is 1.73 per cent higher than the first price list
- There is room for a slight increase in prices for this project and location, Knight Frank executive says
CK Asset Holdings, the flagship property developer of Li Ka-shing, Hong Kong’s richest man, has released a third price list for its Blue Coast development, which goes on sale on Saturday.
The third list covers 38 two-bedroom units and 136 three-bedroom flats. The prices after discounts range from HK$9.54 million (US$1.2 million) to HK$26.5 million, or HK$20,400 to HK$27,257 per square foot. The average discounted price per square foot is HK$23,892.
The prices for these 174 units have risen in response to the market’s enthusiastic response, said Justin Chiu Kwok-hung, CK Asset’s executive director. “Units to be launched later will have a larger increase in price,” he added.
Blue Coast has received more than 14,000 expressions of interest from prospective buyers since last Friday, property agents said.
