CK Asset Holdings sold a luxury penthouse in Hong Kong's Mid-Levels for US$46.2 million, setting the highest price per square foot record for a first-hand transaction in 2026.
The unit features a 3.5-metre floor-to-floor height and a five-bedroom layout with three ensuites.
The sale occurred amid lingering uncertainties from the US-Israel war on Iran, prompting investors to diversify assets, said William Kwok, chief manager of sales at CK Asset.
The transaction follows several deals for homes worth HK$100 million or more and underscores strong demand in Hong Kong's high-end residential segment.
