Li Ka-shing sells off his properties at a discount of 30%.

Li Ka-shing's company has been developing the residential project Yu Tsui Garden for over 20 years, and its recent price reduction has attracted widespread attention in the market. It is reported that the average price of the high-rise units in the project has dropped to 70,000 yuan per square meter, with a starting price of at least 9.8 million yuan, a decrease of nearly one million from last year's opening price. Based on the previous filing price of 90,700 to 99,700 yuan per square meter for the project, the current selling price is considered a discount of up to 30 percent. Analysts point out that due to the project's early acquisition of land at a very low cost, there is still a significant profit margin despite the price reduction.