Kerry acquires HKD 350 million residential site in Western Mid-Levels

SighingCashier · 2026-03-27T07:09:08+00:00

Kerry Properties acquired two plots of land in Western Mid-Levels for approximately HKD 354 million, totaling about 4,300 square feet. The sites will be redeveloped into a 28-story residential building with a total floor area of approximately 38,900 square feet, offering excellent development potential. This project will help solidify Kerry Properties' leadership position in Hong Kong's luxury residential market.

SighingCashier

2026-03-27 07:09:08

Abstract generation in progress

Kerry Properties (00683) has acquired the sites at 4 Seymour Road and 62E Robinson Road in Mid-Levels through its subsidiary, for approximately HKD 354 million.

The combined area of the sites is about 4,300 square feet, and after redevelopment, it is expected to yield a total residential floor area of approximately 38,900 square feet. The sites have been approved for building plans and can be redeveloped into a residential project with 28 stories.

Kerry Development’s Director and General Manager for the Hong Kong region, Tong Yiu Chung, stated that the project is located in a traditional luxury housing area in Mid-Levels, with convenient transportation, and is close to the central business district of Central, demonstrating excellent development potential. The group will leverage its extensive experience in high-end residential development to create outstanding luxury residential projects, further solidifying Kerry Properties’ leadership position in the Hong Kong luxury housing market.

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