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Swire Properties is pleased to announce the successful sales at Lujiazui Taikoo Yuan Residences, the Company’s inaugural residential project in the Chinese Mainland, developed in collaboration with the Lujiazui Group. The sales launch of the initial batch of apartments received an overwhelming response, with 47 out of 50 units sold.
The apartments, with sizes ranging from 278 sqm and 388 sqm approximately, are located in two towers of riverfront residences. There are also two exclusive penthouses spanning around 557 sqm and 745 sqm each. The average price per unit was approximately RMB58 million or RMB169,800 per sqm.
Adrian To, Director, Residential at Swire Properties, said, “We are absolutely delighted by the positive sales performance, which clearly demonstrates the market's appreciation of this premium development, as well as the recognition of Swire Properties’ and the Lujiazui Group’s brands. This success also highlights the strong purchasing power and robust demand for quality residential properties in the Shanghai market. The outstanding result is a reflection of Shanghai’s resilience, marking a new era of high-quality development in the city. We also attribute the successful sales to the project’s prime waterfront location, excellent connectivity and world-class design, combined with our long term commitment to placemaking.”
Lujiazui Taikoo Yuan Residences is the residential portion of the Lujiazui Taikoo Yuan mixed-use development located along the Huangpu River, with GFA of around 390,000 sqm, which includes two Grade-A office towers, serviced apartments, a retail mall combined with the Minsheng Wharf heritage area which incorporates heritage architecture, cultural and event spaces and a luxury lifestyle hotel to create a vibrant riverside community in Shanghai.
The residential component includes approximately 110,000 sqm of saleable area, offering 378 three- and four-bedroom apartments with sizes ranging from 188 sqm, 235 sqm, 278 sqm and 388 sqm approximately. The architectural design is inspired by the ecology of the Huangpu River, with a flowing design silhouette featuring flexible and functional layouts. It also allows for the seamless connection of indoor spaces and outdoor terrace areas, maximising the breathtaking river views and creating a harmonious living experience integrated with nature.
Residents will enjoy a full suite of clubhouse amenities, including an indoor swimming pool, state-of-the-art gym facilities, banqueting and children's play areas. The retail portion adjacent to the residences will feature approximately 60,000 sqm of commercial space, which will introduce over 100 high-quality retail, dining, and service brands, providing residents with a convenient and luxurious urban lifestyle on the doorstep.
More residential apartments at Lujiazui Taikoo Yuan Residences will be available for sale in 2025. For more information, please follow the official WeChat account of Lujiazui Taikoo Yuan Residences or call the sales hotline at (021) 6839 8888 for further details.
Swire Properties has a 40% equity interest in the Lujiazui Taikoo Yuan mixed-use development.
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About Lujiazui Group
Shanghai Lujiazui Development (Group) Company was founded in 1990. At the beginning of establishment, the Group was mainly responsible for the overall development of Lujiazui Financial and Trade Zone. In recent years, Lujiazui Group has been developing and managing a broader range of urban areas such as New Bund, Lingang, Zhangjiang, and Chuansha. The Group has also expanded its business to not only regional development and operation, but also investment promotion and financial services. Now the Group manages its business and investments through three major operating divisions: urban development, cultural, sports and tourism development and financial services. Lujiazui Group is committed to becoming an outstanding and competitive mixed-use operator in the Modern Service Industry.
About Swire Properties
Swire Properties develops and manages commercial, retail, hotel, and residential properties, with a particular focus on mixed-use developments in prime locations at major mass transportation intersections. Swire Properties is listed on the Main Board of the Stock Exchange of Hong Kong and its investment portfolio in Hong Kong comprises Taikoo Place, Pacific Place, Cityplaza and Citygate. The Company’s completed portfolio in Hong Kong comprises approximately 1.54 million sqm (approximately 16.5 million sq ft) of space.
In the Chinese Mainland, Swire Properties has six completed mixed-use developments. They include Taikoo Li Sanlitun and INDIGO Phase One^ in Beijing, HKRI Taikoo Hui and Taikoo Li Qiantan in Shanghai, Taikoo Hui Guangzhou and Taikoo Li Chengdu. Taikoo Place Beijing^, Taikoo Li Xi'an, Taikoo Li Sanya*, New Bund Mixed-use Project and Lujiazui Taikoo Yuan in Shanghai and the retail portion of the Julong Wan project in Guangzhou are currently under development. The Company’s completed portfolio in the Chinese Mainland comprises approximately 1.3 million sqm (14 million sq ft) of space.
In addition to Hong Kong and the Chinese Mainland, the Company has a presence in the United States, Indonesia, Vietnam, Singapore and Thailand.
Visit Swire Properties’ website at www.swireproperties.com
^Comprising INDIGO Phases One & Two, the project will be renamed “Taikoo Place Beijing” upon completion of the Phase Two extension.
*Project name to be confirmed.