KERRY PPT (00683) News

New Launch: Phase I of Seaside Palazzo at LOHAS Park Relaunches with 128 Units, Starting Price from HK$5.9338 Million after Discounts

Sincere Property (00083.HK), Kerry Properties (00683.HK), K Wah International (00173.HK), China Merchants Land (00978.HK), and MTR Corporation (00066.HK) have jointly launched an additional 128 units at The Millennia in LOHAS Park Phase I. This includes 68 two-bedroom sea-view units and 8 garden-terrace specialty units. On the same day, the developers uploaded the sales arrangements, with sales opening this Saturday (the 6th). The latest price list covers 9 one-bedroom units (with open-plan kitchens), 68 two-bedroom units (with open-plan kitchens), 43 two-bedroom plus study units (with open-plan kitchens), and 8 terrace specialty units. A maximum discount of 15% has been deducted.

AASTOCKSJun 3 09:41

Freight Forwarding Market Forecast: US$ 284.8 Bn Opportunity by 2030 at 4.8% CAGR | Wissen Research

PR NewswireJun 2 22:01

Statistics: Last month, there were 30 cancellations of new residential property transactions in Hong Kong, down 36% from the previous month. Kai Tak Horizon's Kai Bo Summit I accounted for nine cases, ranking first.

According to internal statistics from 28Hse, Hong Kong’s primary residential market recorded 30 terminated sale and purchase agreements in May this year, down by 17 cases—or 36.2% month-on-month—from 47 cases in April. Based on disclosed transaction records, the total forfeited deposits in May amounted to approximately HK$30.223 million, a 28% decline from HK$41.9801 million in April. By development, LOHAS Park's Kai Pak Fai I recorded the highest number of terminated transactions during the month, with nine cases, resulting in total forfeited deposits of approximately HK$6.4293 million—accounting for about 21.3% of the total forfeited deposits across the entire primary market—and ranking first among all new developments. MIAMI in Kai Tak…

AASTOCKSJun 2 17:46

Lemon Juice Concentrate Market to Reach USD 2.7 Billion by 2036 as Beverage Manufacturers and Food Processors Prioritize Standardized Citrus Ingredients

PR NewswireJun 1 22:01

Hong Kong Property: Ouen in Kowloon Tong launches additional 26 duplex luxury units and flat-level mansions; transactions at the ten major housing estates remained in double digits over the past weekend.

Over the past weekend, Hong Kong saw no new property launches, yet transactions remained steady. In Kowloon Tong, The Austin added 26 luxury units—comprising three duplexes and 23 flat-level residences—to its offering, with tenders for 56 units set to open this Thursday (4th). Separately, the fourth sales round of The Quays in Tsuen Wan has once again sold out all listed units. In the secondary market, the ten major housing estates recorded double-digit transaction volumes over the weekend, ranging between 12 and 14 deals. New World Development (HKEX: 00017) updated the sales arrangements yesterday (May 31) for The Austin in Kowloon Tong, adding 26 luxury units—including three duplexes and 23 flat-level residences—of which 12 are three-bedroom units and 1

AASTOCKSJun 1 10:02

New Listing: A penthouse specialty unit at Langham Peak in Yuen Long sold for HK$16.9 million, setting new project records for both sale price and price per square foot.

Kerry Properties Limited (00683.HK) recorded two transactions today for penthouse specialty units at Lang Tin Fung in Yuen Long South. Among these, Unit T1A-28A, which includes one parking space and features a three-bedroom, one-en-suite layout with a fixed kitchen, spans 851 sq ft of internal area, along with a 443 sq ft terrace and a 786 sq ft rooftop. The unit was sold for HK$16.9 million, or HK$19,859 per sq ft, setting new project records for both transaction price and price per sq ft of usable area. To date, the development has sold 589 units, representing approximately 99% of the total 594 units, with aggregate sales exceeding HK$2.69 billion.

AASTOCKSMay 28 18:07

New Launch: Four Units at Seaside Palazzo in LOHAS Park Sold in a Single Day, Generating Over HK$38.67 Million in Proceeds

Yesterday (27th), four more units at The Millennity Bay, a joint development by Sun Hung Kai Properties (00083.HK), Kerry Properties (00683.HK), K Wah International (00173.HK), China Merchants Land (00978.HK), and MTR Corporation (00066.HK), were sold, raising over HK$386.7 million. Among these, the unit with the highest price per square foot was Unit A on the 50th floor of Block 2A, featuring a two-bedroom layout (with an open-plan kitchen) and a saleable area of 472 sq ft, which was sold for over HK$91.1 million, or HK$19,320 per sq ft. To date, Phase I of The Millennity Bay has sold a total of 750 units, generating cumulative proceeds exceeding HK$6.6 billion.

AASTOCKSMay 28 09:50

Hong Kong Property: Over the extended weekend, six transactions totaling more than HK$51 million were recorded at Island Resort in Chai Wan. A penthouse specialty unit at South Summit in Yuen Long set a new project record for transaction price.

The recently concluded long weekend coincided with Buddha's Birthday. Although no new property launches took place, market sentiment in both the primary and secondary residential markets remained robust. Notably, The Hyde at Chai Wan recorded six transactions over the long weekend, generating total proceeds exceeding HK$51 million. A top-floor specialty unit at Nam Long Shan Peak in Yuen Long set a new project record for transaction price. Meanwhile, Forma in Tsuen Wan released its final batch of 51 one- and two-bedroom units, with discounted prices starting from HK$5.0617 million. Transaction volumes across the ten major housing estates continued to hold steady at double-digit levels. Swire Properties (01972.HK)-developed The Hyde at Chai Wan recorded a total of six transactions from May 23 to 25, amounting to over HK$51 million in total sales.

AASTOCKSMay 26 09:46

Kerry Group Cancels 61,300 Shares Under €300m Buyback Programme

TipRanksMay 23 01:06

Kerry Properties Wins Strong Shareholder Backing at 2026 AGM

TipRanksMay 22 19:09

Hong Kong Property: Six luxury units at The Holborn were sold in the second round of tender, raising HK$330 million.

Phase 4B of The Hin Tin Shan development in Wong Chuk Hang, jointly developed by Kerry Properties (00683.HK), Sun Hung Kai Properties (00083.HK), Swire Properties (01972.HK), and MTR Corporation (00066.HK), held its second-round tender yesterday (20th) and sold six luxury residences in a single day, generating proceeds exceeding HK$330 million. The transaction prices for these units ranged from HK$38.737 million to HK$73.674 million, with price per usable square foot ranging from HK$40,351 to HK$48,630. The units sold include three four-bedroom and three three-bedroom units, including Unit 1 of Building 1 (1

AASTOCKSMay 21 16:07

Goldman Sachs raises its forecast for Hong Kong residential property price growth in 2024 to 15%, remains positive on Henderson Land (00012.HK) and Sun Hung Kai Properties (00016.HK), and lowers target price for New World Development (00017.HK).

Goldman Sachs published a research report noting that Hong Kong’s residential prices and office rents have performed stronger than expected year-to-date, prompting the firm to revise its forecast upward once again. It now expects Hong Kong residential prices to rise by 15% this year (previously forecast at a 12% increase), while maintaining its forecasts for 2027 and 2028 unchanged at increases of 7% and 4%, respectively. The bank continues to favor property developer stocks, anticipating they will benefit from a multi-year upcycle in Hong Kong’s residential market. The report noted that residential prices have already risen by 8% year-to-date, with primary-market sales volumes increasing by 48%. Rental growth has been slower, rising just 1.2% year-to-date, reflecting a partial shift in demand from renting to buying. Regarding office space, Goldman Sachs has revised its outlook for...

AASTOCKSMay 20 10:35

Moody's: An improved operating environment will lay the foundation for developers to achieve stable profitability.

Moody's rating agency stated that Hong Kong's property market is gradually recovering, driven by improved leasing demand for office spaces and a rebound in retail sales alongside the recovery of the tourism sector. These trends have narrowed the decline in office rents and supported retail rental income, although high vacancy rates and still elevated supply levels continue to weigh on the office market. Sales of residential developments showed some improvement in early 2026, but low profit margins will continue to constrain developers' earnings growth. External risks have intensified as the conflict in the Middle East – if prolonged – could drive up inflation and interest rates, potentially hindering the recovery. Unless there is a significant tightening of global financial conditions,

AASTOCKSMay 18 17:05

Kerry Group Cancels Shares After Latest €300m Buyback Tranche

TipRanksMay 18 14:28

Midland Surveyors: The receipt of bids for the residential site at Tung Chung Area 106A has met expectations, with the land valuation estimated at approximately HKD 960 million.

The first residential land parcel of this fiscal year, located at Lot No. 54 of the Tung Chung City site in Zone 106A, received a total of six bids. Lam Tsz-bin, Director of Midland Surveyors, stated that this Tung Chung residential plot offers a seafront view and aligns with the opening date of Tung Chung East Station, making it fairly attractive. It has drawn interest from major developers, meeting market expectations. However, as the area is still in its early stages of development, bids are expected to remain cautious. This project is adjacent to Zone 106B, which was successfully tendered last year, and together they will form a new development hub within the district. If both projects are developed in tandem, they could generate significant synergies. The estimated floor price per square foot for this project is approximately 1,

AASTOCKSMay 18 08:33

Sodium Reduction Ingredients Market Poised for US$ 8.6 Bn Valuation by 2030, Growing at 7.2% CAGR, New Report by Wissen Research

PR NewswireMay 14 02:58

Oat Beta-Glucan Market to Reach USD 1.56 Billion by 2036 as Heart Health Positioning, Functional Nutrition, and Clinical Fiber Applications Accelerate Global Demand

PR NewswireMay 11 22:01

The fourth phase (Phase 4B) of the Hai Ying Shan development in Wong Chuk Hang will commence its bidding process this Friday, offering 34 units comprising three- and four-bedroom apartments.

The fourth phase (Phase 4B) of Ocean Gain Hill in Wong Chuk Hang, a collaborative development by Kerry Properties (00683.HK), Sun Hung Kai Properties (00083.HK), Swire Properties (01972.HK), and MTR Corporation (00066.HK), has uploaded its first sales arrangement, offering a total of 34 three- and four-bedroom units via public tender. Edward Lo, Senior Director of Sales and Marketing at Kerry Property Agency, stated that all units offered this time are part of the "Collection Privée Prestige Series," with all units facing eastward. The units are located in Tower 1A (A and B units) and Tower 1B (A units).

AASTOCKSMay 11 16:02

The 4B phase of Hai Ying Mountain in Wong Chuk Hang, under the 'Prestige Series,' comprises 170 units, including three- and four-bedroom luxury residences.

The fourth phase (4B) of the Ocean Pride development in Wong Chuk Hang, jointly developed by Kerry Properties (00683.HK), Sino Land (00083.HK), Swire Properties (01972.HK), and MTR Corporation (00066.HK), has officially been named the "Prestige Collection." Tang Yiu-Chung, Executive Director and General Manager of Hong Kong at Kerry Development, stated that the "Prestige Collection" includes 170 units, comprising four-bedroom and three-bedroom luxury residences. Market expectations suggest that these units will be highly sought after, and the developers will announce sales arrangements shortly. Douglas Woo, Director of Residential at Swire Properties, noted that all four-bedroom units feature private lift lobbies, ensuring a high level of exclusivity.

AASTOCKSMay 5 14:38

Kerry Properties (00683.HK) has sold a four-bedroom apartment at The Tamar for HKD 215 million.

Kerry Properties (00683.HK) has successfully sold a renovated luxury flat at Mont Verra, located in Kowloon's upscale residential area, today (4th). This marks the fifth transaction of the year, reflecting an ongoing positive market sentiment. The latest sold unit is a renovated apartment on the 2nd floor, unit B, of building 6 at Mont Verra. With a usable area of 4,390 square feet, the layout includes four bedrooms, each with its own en-suite bathroom, plus two additional maid’s rooms. It was sold for HKD 215 million, equating to approximately HKD 48,975 per square foot of usable area. The sale price also includes two residential parking spaces. To date, the project has accumulated sales of 49 units, with total transaction value exceeding...

AASTOCKSMay 4 17:11