{"id":109876,"date":"2019-08-14T07:15:06","date_gmt":"2019-08-14T00:15:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-postpones-sale-of-luxury-flats-estimated-to-cost-more-than-us12-7-million-citing-social-turmoil\/"},"modified":"2019-08-14T09:04:21","modified_gmt":"2019-08-14T02:04:21","slug":"ck-asset-postpones-sale-of-luxury-flats-estimated-to-cost-more-than-us12-7-million-citing-social-turmoil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-postpones-sale-of-luxury-flats-estimated-to-cost-more-than-us12-7-million-citing-social-turmoil\/","title":{"rendered":"CK Asset postpones sale of luxury flats estimated to cost more than US$12.7 million citing social turmoil"},"content":{"rendered":"<p>&#013;<br \/>\nCK Asset Holdings, the second largest developer by market value in Hong Kong, has become the latest builder to defer the sale of its luxury residential project, as 10 weeks of social turmoil has severely hurt consumer sentiment.The as-yet unnamed project at 21 Borrett Road, in Mid-Levels, was originally expected to be released for sale this month.Executive director Justin Chiu Kwok-hung said on Tuesday that the group had decided to postpone the sale of the luxury flats that would cost more than\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3022627\/ck-asset-postpones-sale-luxury-flats-estimated-cost-more-us127-million\" target=\"_blank\">CK Asset postpones sale of luxury flats estimated to cost more than US.7 million citing social turmoil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; CK Asset Holdings, the second largest developer by market value in Hong Kong, has become&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109876","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sAc","jetpack-related-posts":[{"id":108260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-sells-44-per-cent-of-flats-during-weekend-sale-at-shanghai-residential-project-as-location-price-controls-draw-buyers\/","url_meta":{"origin":109876,"position":0},"title":"CK Asset sells 44 per cent of flats during weekend sale at Shanghai residential project as location, price controls draw buyers","date":"June 19, 2019","format":false,"excerpt":"\r Beijing\u2019s curbs on how much \u00addevelopers can charge for homes has helped \u00adignite sales, especially at the \u00adupper end of the market, as buyers snapped up nearly 500 flats at a prime project in Shanghai at \u00adprices 10 per cent lower than a similar development.The sale, at CK Asset\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-wharf-ck-asset-gear-up-to-launch-luxury-projects-as-surging-stock-market-creates-vast-new-wealth\/","url_meta":{"origin":109876,"position":1},"title":"Hong Kong developers Wharf, CK Asset gear up to launch luxury projects as surging stock market creates vast new wealth","date":"January 20, 2021","format":false,"excerpt":"\r Some of Hong Kong\u2019s biggest developers are seizing the moment to launch their super deluxe projects to capitalise on a surging stock market and the prospect of a market recovery in the second half of the year.Wharf (Holdings) and CK Asset Holdings are lining up to release their new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-of-buyers-vie-for-ck-assets-lyos-flats-at-hung-shui-kiu-auguring-well-for-hong-kongs-northern-metropolis-plan\/","url_meta":{"origin":109876,"position":2},"title":"Thousands of buyers vie for CK Asset\u2019s #Lyos flats at Hung Shui Kiu, auguring well for Hong Kong\u2019s Northern Metropolis plan","date":"November 6, 2021","format":false,"excerpt":"\r A weekend sale of tiny flats in Hong Kong\u2019s New Territories got off to a brisk start, auguring well for the proposed Northern Metropolis residential enclave near the city\u2019s northern border with Shenzhen.CK Asset Holdings sold 100 of the 220 apartments in the first batch of sales at its\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flat-worth-us59-3-million-at-ck-assets-mid-levels-luxury-project-sets-asia-price-record\/","url_meta":{"origin":109876,"position":3},"title":"Flat worth US$59.3 million at CK Asset\u2019s Mid-Levels luxury project sets Asia price record","date":"February 16, 2021","format":false,"excerpt":"\r A flat in CK Asset Holdings\u2019 21 Borrett Road luxury residential project in Hong Kong\u2019s Mid-Levels has set the record for price per square footage in Asia.The five-bedroom Flat 1 on the 23rd floor of the project\u2019s phase one sold for HK$459.4 million (US$59.3 million) through tender on Monday,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-sets-a-2026-record-with-us46-2-million-mid-levels-penthouse-sale\/","url_meta":{"origin":109876,"position":4},"title":"Li Ka-shing\u2019s CK Asset sets a 2026 record with US$46.2 million Mid-Levels penthouse sale","date":"June 14, 2026","format":false,"excerpt":"\r Hong Kong billionaire Li Ka-shing\u2019s flagship property developer CK Asset Holdings has sold a penthouse mansion at a luxury development in Mid-Levels in Central for HK$362 million (US$46.2 million), setting a per square foot price record for first-hand transactions this year. The 2,911 sq ft unit on the 20th\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-micro-flats-will-bear-the-brunt-of-price-slump-says-ck-asset-executive\/","url_meta":{"origin":109876,"position":5},"title":"Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive","date":"December 6, 2018","format":false,"excerpt":"\r Micro-flats, once all the rage in Hong Kong because of their affordability, would bear the brunt of the city\u2019s property price slump, said an executive of CK Asset Holdings, one of the city\u2019s biggest developers. Executive director Justin Chiu Kwok-hung forecast that prices for tiny flats could tumble as\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109876"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109876"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109876\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}