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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.
Prices of high-end homes in Shanghai are rising, while they continue to fall in the mass-market segment. Photo: China News Service/VCG via Getty Images
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.

Hong Kong property

Hong Kong homebuyers deliver brisk weekend sales

Hong Kong property

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

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.

Potential buyers at the sales office of the Hava residential project by Kerry Properties. Photo: Edmond So
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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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.

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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.

Potential buyers at the sales office of Kerry Properties Hava project at Kerry Centre on February 22, 2025. Photo: Edmond So
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.

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.

Shangri-la’s Kuok Hui Kwong at her hotel in Admiralty, Hong Kong. Photo: Xiaomei Chen
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.

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.

A sprawling mansion at Mont Verra, a high-end property development by Kerry Properties, located in Hong Kong’s Kowloon Tong district. Photo: Handout
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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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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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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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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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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Home buyers piled in to snap up Kwai Hung Group’s Mangrove flats in Hung Hom at the developer’s sales office at the Kerry Hotel on 18 September 2021. Photo: Xiaomei Chen
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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