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Kerry Properties

Kerry Properties
Kerry Properties
The latest news, analysis and opinion on Kerry Properties. In-depth analysis, industry insights and expert opinion.
General view of Mont Verra at 3 Lung Kui Road in Beacon Hill, Kowloon Tong. Photo: May Tse
Hong Kong property

Mainland Chinese tycoon pays US$32.1 million for Hong Kong penthouse

A scion of one of Anhui’s wealthiest families has paid HK$250 million for a duplex at the Mont Verra development in Kowloon Tong.

Hong Kong property

Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Legislative Council election 2025

Hong Kong Olympian Vivian Kong cites ‘racing tourism’ work in Legco bid scrutiny

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Sino Land Co

Sino Land wins Tuen Mun land tender with HK$1 billion bid as market improves

The transaction marks the Hong Kong government’s first residential plot sale this financial year.

A general view of Hoi Chu Road in Tuen Mun. Photo: Google Maps
Hong Kong property

Kuok Hui Kwong, daughter of Malaysia’s richest man, to lead Shangri-La Asia

Kuok has been Shangri-La Asia’s executive director since June 2016 and chairman since January 2017.

China property

Can demand for upscale homes in Shanghai spark a broader market recovery?

While prices of upscale units in Shanghai rose 5 per cent quarter on quarter, overall market prices fell 4 per cent year on year in March.

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Hong Kong property

Hong Kong homebuyers deliver brisk weekend sales

Strong results for Sun Hung Kai Properties and Henderson Land show improving sentiment after a stamp-duty cut, agents say.

An artist’s impressiong of Eight Southpark, developed by Henderson Land. Photo: Handout
Hong Kong property

Hong Kong home sales poised for best month in a year, analysts say

Kerry Properties sold 59 of the 133 flats on sale at the Hava residential project in Yuen Long as of 9.20pm on Thursday evening.

Hong Kong property

Hong Kong’s weekend property sales soar to 4-month high after stamp duty cuts

Henderson’s Eight Southpark, Wang On’s Coasto, and Kerry’s Hava see strong sales following the recent reduction in stamp duties.

Hong Kong property

CK Asset raises Blue Coast II flat prices amid Hong Kong market optimism

Price of the next batch of 62 units raised by 2 per cent to an average of HK$22,781 (US$2,930) per square foot.

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The first batch of flats at the Blue Coast ll project in Wong Chuk Hang went on sale in October. Photo: Jonathan Wong
Hong Kong property

Hong Kong developers’ flat sales fizzle out as buyers retreat

Only five of the 136 flats at Pano Harbour sold as of 5pm, and five units out of 20 at State Pavilia.

Potential buyers at Pano Harbour’s sales office in Hung Hom on Sunday. Photo: Edmond So
Hong Kong property

Hong Kong posts second sell-out weekend with Kerry’s Hava flats

All 250 units of Hava project, on offer at an average price of HK$10,658 per square foot, were sold out as of 4.30pm.

Hong Kong property

Hong Kong property: 10,000 new flats set to hit market in 2025

Low prices will persist as developers offload inventory, but the market will fail to woo investors, according to experts.

Hong Kong property

Hong Kong homebuyers snap up all flats at Great Eagle’s Onmantin project

All 260 flats on offer at Onmantin were already on Saturday after the project received 7,500 orders from prospective buyers.

Prospective buyers queue up at the Mong Kok sales office of Great Eagle Holdings’ Onmantin residential project on April 27, 2024. Photo: Xiaomei Chen
Hong Kong property

Chinese buyers return to Hong Kong’s luxury property market as activity picks up

Hong Kong’s luxury property segment is showing signs of a revival, with mainland buyers returning to the market. Analysts expect developers to ramp up supply amid increasing demand and lower rates ahead.

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An aerial view of Kerry Properties’ Mont Verra luxury residential project in Beacon Hill. Photo: Handout
China property

Shangri-La Hotel’s Hui Kuok embraces social media to share life, goals

Kuok Hui Kwong opened a Xiaohongshu account in October 2021, offering an insight into her life and thoughts. If there was one valuable lesson the Shangri-la heiress learned during the pandemic, it was the importance of telling a complete and authentic story to her audience.

China property

Japan’s Nitori joins host of Asian retailers expanding in Hong Kong

Japanese furniture retailer Nitori Holdings, which opened its first outlet in Hong Kong on Wednesday, plans to gradually expand its footprint to 20 across the city in the coming years, according to a top executive.

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Hong Kong property

Hong Kong’s Kerry ‘confident in China’ as it starts work on Shanghai project

Kerry Properties has broken ground on a massive mixed-use project in Shanghai, just two months after it won a tender for a prime site in the city centre.

Officials from Shanghai government and Kerry Properties at a ground breaking ceremony for the company’s mixed-use project on Wednesday. Photo: Handout
Blockchain

Is this US$128 million Hong Kong mansion a crypto founder’s new home?

A 11,692 square-foot house in Kerry Properties’ Mont Verra project in Beacon Hill has been leased to a person with the same name as Huobi founder Li Lin, public record shows.

China property

Hong Kong’s Kerry Properties wins Shanghai land tender for US$1.25 billion

The site in Shanghai’s central Huangpu district is next to a parcel it acquired for US$1.86 billion in January last year and will form phase 2 of a larger project, Kerry says in exchange filing.

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Hong Kong property

Beijing’s national security office buys Hong Kong villa for US$64.7 million

The five-bedroom villa in Kerry Properties’ Mont Rouge development measures 7,171 sq ft and the transaction is likely to be exempt from stamp duty as the sale involves a government entity.

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Kerry Properties’ Mont Rouge development in Kowloon Tong comprises five villas, 14 smaller houses and flats in two towers. Photo: Handout
Coronavirus Hong Kong

Kerry Logistics platform to supply homes for elderly with food, medicines

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

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Samuel Lau, the firm’s managing director of integrated logistics in North Asia, poses with a Koolbutler robot in a Kerry Logistics warehouse in Hong Kong. Photo: Edmond So
Swire Group

Swire snaps up Wan Chai parcel for HK$1.96 billion, beating 20 rivals

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.

Shanghai reopening

Shanghai post-lockdown sees consumers queue up at LV, Prada, other luxury stores

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.

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Hong Kong property

Hong Kong malls unveil promotions with eye on US$638 consumption vouchers

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.

Hong Kong’s mall owners are tempting shoppers with discounts and offers with an eye on the HK$5,000 e-vouchers that will issued to 6.2 million eligible residents from Thursday. Photo: Sam Tsang
China property

Hong Kong firms Kerry, Hang Lung looking at ways to support Shanghai tenants

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.

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The Shanghai government has told state-owned firms to offer free rent for three months, and encouraged private companies to extend relief to tenants too. Photo: EPA-EFE
Hong Kong property

Hong Kong analysts slash forecasts in home prices as Covid-19 bites

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.

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China property

Kerry Properties joins beeline of Hong Kong developers buying land in China

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.

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