Hong Kong’s second-richest man Li Ka-shing’s firm sets record with $46M penthouse sale
VnExpress International

According to VnExpress International, The luxury residential project in Mid-Levels Central, spanning 270 square meters, was sold at HKD15,870 per square meter, a new level for first-hand residential property in the city, the developer said in a statement Sunday, as reported by The Standard.

Another point from the source is that it is located on the 20th floor of phase two of 21 Borrett Road, a high-end residential project in the city.

For industrial projects, this points to stronger requirements around infrastructure readiness, schedule control, technical coordination, and disciplined handover planning.

KNE perspective: market signals like this should be translated into practical project actions, including scope review, approval planning, procurement strategy, budget control, technical standards, and reporting routines so decision-makers can respond earlier.

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