{"id":172840,"date":"2026-10-28T12:00:10","date_gmt":"2026-10-28T05:00:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kong-developer-ck-asset-sold-a-mall-at-an-exceptionally-cheap-price\/"},"modified":"2026-10-28T12:08:24","modified_gmt":"2026-10-28T05:08:24","slug":"why-hong-kong-developer-ck-asset-sold-a-mall-at-an-exceptionally-cheap-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kong-developer-ck-asset-sold-a-mall-at-an-exceptionally-cheap-price\/","title":{"rendered":"Why Hong Kong developer CK Asset sold a mall at an \u2018exceptionally cheap\u2019 price"},"content":{"rendered":"


\nWith the \u201cexceptionally cheap\u201d sale of a vacant Hong Kong shopping mall, developer CK Asset Holdings is freeing up capital for other projects, while the buyer will have to be patient because the location will struggle to attract tenants in the short term, according to analysts.
\nThe developer completed the mall in its residential project Seaside Sonata on Hai Tan Street in Sham Shui Po five years ago but never leased it out. It recently changed hands along with a batch of parking spaces for…
\n
\nSource : South China Morning Post
\nRead more…Why Hong Kong developer CK Asset sold a mall at an \u2018exceptionally cheap\u2019 price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With the \u201cexceptionally cheap\u201d sale of a vacant Hong Kong shopping mall, developer CK Asset...<\/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-172840","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-IXK","jetpack-related-posts":[{"id":154054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-ck-asset-set-to-weather-stress-test-conditions-chairman-says\/","url_meta":{"origin":172840,"position":0},"title":"Hong Kong developer CK Asset set to weather \u2018stress test\u2019 conditions, chairman says","date":"May 22, 2025","format":false,"excerpt":"\r The group is financially healthy and has a war chest to cope with unforeseen events as Hong Kong endures a \u2018stress test\u2019, Victor Li says.\r \r Source : South China Morning Post\r Read more...Hong Kong developer CK Asset set to weather \u2018stress test\u2019 conditions, chairman says","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/","url_meta":{"origin":172840,"position":1},"title":"Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets","date":"July 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city\u2019s property market slump.Goldin Financial Holdings, the troubled developer with HK$18.5 billion of liabilities, named Gerald Ma Lai-chee as vice-chairman and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-price-war-hong-kong-developers-brush-aside-fears-of-a-property-crash-even-as-ck-asset-offers-new-kowloon-flats-at-15-pc-discount\/","url_meta":{"origin":172840,"position":2},"title":"\u2018No price war\u2019: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new Kowloon flats at 15 pc discount","date":"August 10, 2023","format":false,"excerpt":"\r Developer dismisses claims of price war as experts say seven-year-low prices for Kowloon flats are not a dire omen for the market.\r \r Source : South China Morning Post\r Read more...\u2018No price war\u2019: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-ck-asset-wins-hong-kongs-first-plot-of-land-earmarked-for-private-and-subsidised-starter-homes-for-lowly-hk4-9-billion-as-covid-19-batters-property-market\/","url_meta":{"origin":172840,"position":3},"title":"Developer CK Asset wins Hong Kong\u2019s first plot of land earmarked for private and subsidised starter homes for lowly HK$4.9 billion as Covid-19 batters property market","date":"May 19, 2020","format":false,"excerpt":"\r CK Asset Holdings has won Hong Kong\u2019s first ever plot of land earmarked for a mixture of private and government-subsidised homes developed by private builders, for a price at the lower end of market expectations.The second-biggest developer in Hong Kong by value will pay HK$4.95 billion (US$638.8 million) for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-price-war-imminent-as-li-ka-shings-ck-asset-slashes-flats-to-lowest-seen-in-city-in-seven-years\/","url_meta":{"origin":172840,"position":4},"title":"Hong Kong property \u2018price war\u2019 imminent as Li Ka-shing\u2019s CK Asset slashes flats to lowest seen in city in seven years","date":"August 8, 2023","format":false,"excerpt":"\r Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot \u2013 16 per cent below other recent launches \u2013 in a bid to boost buyer sentiment in a slumping market.\r \r Source : South China Morning Post\r Read more...Hong Kong property \u2018price war\u2019 imminent as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144369,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-ck-asset-offers-discounts-of-up-to-32-at-its-lyos-project-in-new-territories-that-pioneered-nano-flats\/","url_meta":{"origin":172840,"position":5},"title":"Hong Kong property: CK Asset offers discounts of up to 32% at its #Lyos project in New Territories that pioneered nano flats","date":"May 13, 2024","format":false,"excerpt":"\r The flagship developer of tycoon Li Ka-shing has slashed the price of some of the remaining flats at its project in the Northern Metropolis by almost a third compared with when it was first launched in 2021.\r \r Source : South China Morning Post\r Read more...Hong Kong property: CK\u2026","rel":"","context":"In "Property 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