Hong Kong-based Kerry Logistics Network will launch a platform for supplying medicines and medical equipment to homes for the elderly.

Swire beat out rivals such as CK Asset Holdings, Kerry Properties and Citic Pacific for land that could fetch HK$33,000 per square foot when construction is completed.

While long queues at shopping centres reflect a welcome return to business as usual in Shanghai, there is still a feeling trepidation because some Covid-19 control measures continue to be observed.

Mall owners come up with promotions to compete for more than 6.2 million shoppers who will receive e-vouchers worth US$638 each from Thursday.

Areas to the east of the Huangpu River – including the Pudong New Area where about 5.7 million people live – come out of their lockdown on Thursday night. The second stage starts on Friday, and will see Puxi, to the west of the Huangpu River, shut down for four days.

Property developers, who usually conduct their sales campaigns on weekends, have deferred the launch of new projects until the second quarter, when the current Covid-19 outbreak is expected to recede.

Hong Kong developers are boosting their land holdings in China, taking advantage of weaker competition from their debt-stricken mainland rivals to pick up choice assets at auctions.

Mansions at Mont Verra come with as many as five bedrooms and 10 bathrooms. They are also equipped with a banquet hall, entertainment room, theatre, library and gymnasium.

More property buyers are rushing into the market to get ahead of rising prices and potentially higher mortgage rates as the local monetary authority is expected to raise interest rates in lockstep with the US Federal Reserve’s tapering policy.

More property buyers are rushing into the market to get ahead of rising prices and potentially higher mortgage rates as the local monetary authority is expected to raise interest rates in lockstep with the US Federal Reserve’s tapering policy.

The strong demand over the weekend offers a clear sign that Hong Kong’s residential property market is heading for a record in September, with the sales of newly completed homes expected to rise by 50 per cent from August to 1,800 units.

Wharf (Holdings) has agreed to pay a higher-than-expected HK$12 billion (US$1.5 billion) to become the owner of the first residential land parcel to be sold since 2010 in Hong Kong’s most exclusive housing enclave.

Hong Kong’s beleaguered hotel industry is targeting the city’s nearly 2 million working women who had a disposable income of US$72 billion last year.

Hong Kong Ferry Holdings and Empire Group sell 85, or almost 70 per cent, of the 123 flats on offer in the second phase of Starfront Royale in Tuen Mun.

Sun Hung Kai Properties filed an application with the Town Planning Board to add an extra 2,000 units in two residential projects in Yuen Long and Cheung Sha Wan.

Kerry Logistics Network, owned by Malaysian billionaire Robert Kuok, has benefited from trade war shake-ups at Asian firms.

Analysts say the surge has been fuelled by a land auction at the site of the city’s former airport which fetched HK$25.16 billion, a record price for a residential plot

Close to 300 flats lie disturbingly vacant in a completed new residential development in Ho Man Tin, even as the government struggles to address the short supply of housing in the world’s most expensive property market

Kerry Properties announced on Thursday that profit attributable to shareholders – excluding the HK$607 million revaluation gain on investment properties - rose 21 per cent to HK$2.18 billion in the first half this year.