Market Chatter: CK Asset-MTR Joint Development Prices Apartments 2% Higher

MT Newswires Live10-21

A project jointly developed by CK Asset (HKG:1113) and transport operator MTR (HKG:0066) launched 76 apartments at HK$22,052 per square foot after discounts, The Standard reported Monday.

The price is 2% higher than the average of HK$21,761 per square foot in a previous list, the report said.

Sun Hung Kai Properties' (HKG:0016) Cullinan Sky sold all its 215 apartments in Kai Tak. The developer priced the apartments starting at HK$6.2 million after discounts, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $33.10, Change: $-0.30, Percent Change: -0.90%

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