CK Asset pauses Hong Kong sales launch at Yuen Long’s Montage development
CK Asset Holdings has suspended sales at its Yuen Long residential project Montage, days before it planned to begin marketing the development’s first homes. The developer confirmed the suspension to the South China Morning Post but declined to explain the abrupt decision, saying only that it reserved the right to pause or commence sales at any time. It dismissed market speculation that the…
CK Asset Holdings has suspended sales at its Yuen Long residential project, Montage, just days before it was set to launch. The developer has not provided a clear reason for the decision, only stating that it reserves the right to pause or resume sales at any time. The suspension follows rumors that the government had revoked the project's presale consent, which the company dismissed as baseless.
Montage, located near Kam Sheung Road station, was expected to begin marketing its first homes as early as this week, with sales gallery opening the following week. The development comprises 327 homes, including 242 flats and 85 houses, with its sales brochure uploaded last week.
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