CK Asset’s Luxury Home Sale Falls Through After Buyer Walks Away From $2.7 Billion Deal
CK Asset Holdings, the flagship property company of Hong Kong’s richest person Li Ka-shing, said on Thursday it had terminated a HK$20.8 billion ($2.7 billion) sale of a luxury residential project to a Singapore private wealth manager after the buyer failed to make its first payment.
Tags : CK Asset Li Ka shing Hong Kong billioniare 21 Borrett Road project Hong Kong property outlook Hong Kong luxury property Sino Suisse Hong Kong real estate CK Hutchison
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