China Beijing National Security Office Buys $64.7 Million Hong Kong Kowloon Mont Rouge Luxury Villa from Kerry Properties, Major Shareholder Kuok Family is One of Asia’s Most Successful Business & Richest Family
10th November 2022 | Hong Kong
The Beijing National Security office has bought a $64.7 million (HKD 508 million) Hong Kong luxury villa in Beacon Hill in Kowloon (Mont Rouge) from Kerry Properties. The 4-storey house is the largest of 5 villas to be offered for sale at Kerry’s Mont Rouge project, and comes with a private garden and a private driveway to the main entrance. Mont Rouge development in Hong Kong has 5 villas, 14 townhouse units & 26 flats across a 2 residential towers. Mont Rouge is located Hong Kong Kowloon Tong, in the Beacon Hill luxury neighbourhood, and is developed by Kerry Properties. Kerry Properties major shareholder is the Kuok family. The Kuok family is one of Asia’s most successful business & richest family and owns diversified businesses including Shangri-La Hotels, Palm Oil giant Wilmar, Real estate group Allgreen Properties, Maritime groups POSH and PCL and many more. The Kouk family business is founded by Robert Kuok and his brothers in 1949.
“ China Beijing National Security Office Buys $64.7 Million Hong Kong Kowloon Mont Rouge Luxury Villa from Kerry Properties, Major Shareholder Kuok Family is One of Asia’s Most Successful Business & Richest Family “
Mont Rouge – Unprecedented at Beacon Hill in Kowloon, Mont Rouge, a residential jewel that secures panoramic views, low density and luxuriant living. The project offers 5 villas, 14 houses and 2 residential towers in such exclusive and remarkable locale.
Kerry Properties, Kuok Family
Mont Rouge is located in Hong Kong Kowloon Tong, in the Beacon Hill luxury neighbourhood. Mont Rouge is developed by Kerry Properties, which had have been involved in property investment and development activities in Hong Kong since 1978, and has significant investments in key PRC cities and Hong Kong. Kerry Properties build high-quality residences and mixed-use projects in prime locations of major cities, including Beijing Kerry Centre, Kerry Parkside, Jing An Kerry Centre, Shenzhen Kerry Plaza and Tianjin Kerry Centre.
Kerry Properties major shareholder is the Kuok family. The Kuok family is one of Asia’s most successful business family and owns diversified businesses including Shangri-La Hotels, Palm Oil giant Wilmar, Real estate group Allgreen Properties, Maritime groups POSH and PCL and many more. Kouk family business is founded by Robert Kuok and his brothers in 1949.
The Kuok Brothers started in 1949 in Johor Bahru, Malaysia as a small family business trading rice, sugar and wheat flour. As the company expanded within the region, Kuok Singapore was founded in 1953, and the Hong Kong office was established in 1974 as Kerry Holdings. The Kerry Group now oversees the company’s operations in Hong Kong and Mainland China. Over 70 years, the Kuok Group has grown to become one of Asia’s most dynamic multinational conglomerates, with operations spanning six continents in sectors ranging from logistics and maritime to properties and hospitality. Guided by the values of Robert Kuok, the Group’s founder, our corporate culture is built on perseverance, loyalty, and integrity above all.
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