Li Ka-shing’s CK Asset expects to sell 626 flats in weekend sale as 13,000 Hong Kong homebuyers bite on 7-year-low prices

Li Ka-shing’s CK Asset expects to sell 626 flats in weekend sale as 13,000 Hong Kong homebuyers bite on 7-year-low prices

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CK Asset expanded the Coast Line II sale from 254 to 626 flats, and analysts say the low average price of HK$14,686 (US$1,880) per square foot will pressure other developers to cut prices in future launches.

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