CK ASSET's Oceanfront Station I has released an additional 50 units, and it is not ruled out that all units will be fully pushed.

According to Dolphin Research APP, CK ASSET (01113) has continued to release the second batch of 50 units on August 15th, following the initial batch of 50 units on August 14th, with an actual average price of HKD 15,714 per square foot. The project has released a total of 100 units over the past two days. It is reported that the project started accepting applications yesterday and received approximately 550 applications in the first half hour. Guo Ziwei, Chief Manager of CK ASSET's business department, said that the oversubscription rate is currently about 10 times, with over 90% of the registrations being for Phase II customers. There is a possibility of further releases in the short term, and sales may start as early as this week. It is not ruled out that all units will be released at once.

Chen Yongci, Business Manager of CK ASSET, stated that the second batch of units is an additional release at the original price, including 21 one-bedroom units, 16 two-bedroom units, and 13 three-bedroom units, with practical areas ranging from 273 to 729 square feet. The prices range from HKD 4.51 million to HKD 14.696 million, with a price per square foot of HKD 16,520 to HKD 21,088. After deducting the maximum discount of 20% for three-bedroom units and 19% for other unit types, the actual prices range from HKD 3.653 million to HKD 11.757 million, with an actual price per square foot of HKD 13,381 to HKD 17,082. The actual average price per square foot is HKD 15,714, and the total market value of the units is over HKD 430 million.

Previously, CK ASSET Chairman Li Ka-shing stated that the sales revenue from the group's properties in Hong Kong and mainland China in the first half of 2023 recorded a decrease compared to the same period last year. The group is adopting a strategy of rapid turnover and gradual property sales to cope with market challenges.