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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.
last updated:
14 August, 2024
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

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.

Hong Kong property

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

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China property

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

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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Japanese furniture retailer Nitori has opened a 20,000 sq ft flagship store at MegaBox in Kowloon Bay. Photo: Jonathan Wong
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.

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.

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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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Kerry Properties has won a tender for a prime parcel of land close to The Bund in Shanghai. Photo: Shutterstock Images
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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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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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.

Swire Group’s logo seen in Admiralty, Hong Kong, on October 30, 2018. Photo: SCMP / Fung Chang
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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Shanghai residents are seen lining up outside a luxury boutique at Sun Hung Kai Properties’ Shanghai IFC Mall on June 1, 2022, as the city reopens after a two-month lockdown. Photo: Handout
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.

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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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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Quiet in Central under the fifth wave of coronavirus outbreak on 21 February 2022. Photo: Sam Tsang
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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People take selfies with the Pudong skyline as they stand on the Bund in Shanghai, China. Kerry Properties has acquired four plots in the city. Photo: AP
Hong Kong property

Who are the buyers of 11,000 sq ft Hong Kong mansions with safe rooms?

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.

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Weekend Property

Hong Kong buyers help developers chalk up fourth sell-out weekend

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.

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Weekend Property

Hong Kong posts another bumper weekend as home buyers rush in

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.

Homebuyers queuing for Kerry Properties’ La Marina residential units in Wong Chuk Hang at the developer’s sales office in Quarry Bay on 11 September 2021. Photo: Xiaomei Chen.
Weekend Property

Bumper weekend pushes Hong Kong’s home sales to record

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.

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Hong Kong property

Wharf pays higher-than-expected US$1.5 billion for Peak plot, sets record

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.

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Luxury Hotels

Hotels entice women with beauty packages, spa treatments to fill rooms

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.

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Hong Kong’s hotel industry has been badly hit by the coronavirus pandemic as tourist arrivals have slumped. Photo: Dickson Lee
Hong Kong property

Hongkongers rush to buy new flats even after developers raise prices

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.

Hong Kong Ferry Holdings and Empire Group have seen a positive response to their Starfront Royale project in Tuen Mun. Photo: KY Cheng
Hong Kong housing

Sun Hung Kai to increase flat supply by 56 per cent at two projects

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.

Hong Kong property

Builders come up with flexible payment plans as sales freeze

Hong Kong property

Chinachem wins Hong Kong tender after surveyors cut estimate by 10 per cent

Ho Man Tin Station phase two. Photo: SCMP/Handout
Transport and logistics

An exodus started by trade war boosts volume for logistics firms

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

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

Hong Kong developers raise prices of flats by up to 70 per cent

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

Hong Kong property

Developers’ hoard of empty flats aggravates Hong Kong’s housing crisis

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

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