Business · Montage sales pauseYuen Long Montage sales halted: CK Asset pauses 327-home launchAired October 29, 2026 at 12:48 PM UTCWritten October 29, 2026 at 12:55 PM UTCRead the write-upThis storyTranscript · LOADING0:07CK Asset has halted the launch of three hundred and twenty-seven homes days before0:11marketing was due to begin.0:12Prospective buyers had been expecting sales arrangements and a gallery opening.0:16They now face a launch without a confirmed timetable.0:18What stopped the launch and when will buyers get a new sales date?0:21Montage sits in Compton North within Yuan Long and the Northern Metropolis area.0:26Its advertised address is eighteen Cam Tai Road.0:29Although that street number is provisional and subject to confirmation when the0:32development is completed, CK Asset confirmed the suspension on October29,20260:38.0:38The developer said it reserved the right to pause or begin sales at any time, but0:42gave no explanation for stopping this launch.0:44CK Asset calls speculation that the government revoked the project's pre-sale0:48consent baseless.0:49That consent is permission to sell homes before completion.0:53The government hasn't clarified the project's consent position since the pause.0:57The developer had already drawn substantial interest.0:59On October20, CK Asset said montage had attracted nearly one zero inquiries.1:04That figure counted inquiries, so it doesn't tell us how many people would have1:07registered to buy or completed a purchase.1:10CK Asset outlined a tender, led first phase on October twenty.1:14By October twenty-three, its brochure was online.1:16On October twenty-six, it discussed house sales arrangements.1:20On October twenty-nine, it confirmed the suspension.1:23The first phase was intended to offer houses through tender, with buyers submitting1:27bids.1:27CK Asset had also planned to upload its brochure during that October twenty week, a1:32preparation it completed before the launch stopped.1:34Moni Young said arrangements for at least sixty-six houses could be released that1:38week.1:39Jung is Deputy Chief Manager of Sales at Chung Kong Property Holdings.1:42The gallery was expected to open the following week.1:45Both plans preceded the suspension.1:47The sixty-six house figure described the homes that could be covered by those1:50prospective arrangements.1:52Buyers were still waiting for the launch details when CK Asset paused sales.1:56Montage combines two hundred and forty, two one, and two bedroom apartments,2:00measuring two hundred and thirty eight to four hundred forty eight square feet with2:03eighty-five garden houses.2:05The houses have two to four bedrooms and range from four hundred ninety seven to one2:09thirty square feet.2:10Delight World is the legal vendor with CK Asset among its holding companies.2:14Citibase property management is listed as the management company.2:17Those are the businesses named in the advertised project particulars.2:21The advertised scheme includes two seven story apartment towers and one hundred and2:25ten residential parking spaces.2:26The seven-story counts exclude the roof, the electrical and mechanical floor, and2:31the upper roof.2:32Those particulars describe the development prepared for sale.2:34The advertised estimated material date is December30,2020 ,7.2:39Buyers can't treat that estimate as a guaranteed completion or handover date.2:43The sales suspension hasn't come with an announced change to that milestone.2:46CK Asset has confirmed its decision to stop the launch and rejected the suggested2:51consent.2:51Revocation explanation.2:53It still hasn't said why it stopped sales or announced a replacement launch date.Explore with HeyDexFollow via RSS
