Press Releases

For Immediate Release 17 May 2018

Swire Properties Introduces Residential Development

Company expands trading portfolio with
exclusive property in the heart of Taikoo Place

HONG KONG (17 May 2018) - Swire Properties unveiled plans today to make TONG CHONG RESIDENCES (formerly known as Taikoo Place Apartments) available for sale. "TONG CHONG RESIDENCES" (栢舍) will be Swire Properties' only residential development on the market in the Taikoo Place commercial hub.

Adrian To, Director, Residential at Swire Properties said, "TONG CHONG RESIDENCES represents a rare opportunity to own a residential property in one of Swire Properties' core Hong Kong developments. We're confident that with its convenient location, meticulous building design and exceptional quality, it will draw solid demand from the market and will set a new bar for quality residences in a prime location. This initiative will allow us to generate funds for our ongoing expansion plans."

Located in the heart of Taikoo Place, the 28-storey residential building will offer 111 elegantly furnished units - studios, one- and two- bedroom apartments, and exceptional penthouses - ranging in saleable area from approximately 340 to 1,140 sq ft. Fully furnished, the interior design of these contemporary units was done by New York-based firm Richardson Sadeki. The building features a host of exclusive facilities, from a unique clubhouse comprising two luxurious spas and a modern gym, to a reading lounge and expansive outdoor terraces.

In the heart of a vibrant fusion of commerce, entertainment, and arts and culture, TONG CHONG RESIDENCES will offer an unrivalled lifestyle experience - all to the background of the vast ongoing HK$15 billion Taikoo Place redevelopment project.

Residents will benefit from the redevelopment of Taikoo Place, which is set for completion in 2021 or 2022. The project will see the addition of two new triple Grade-A office towers - One Taikoo Place and Two Taikoo Place, as well as two gardens - Taikoo Square and Taikoo Garden. As elements are finished, residents can enjoy nearly 200,000 sq ft of open green space with stunning water features, lush greenery and easy access to different parts of the Taikoo Place community via the new elevated air-conditioned walkway system. This system, designed by Paris-based Hugh Dutton Associés, offers accessibility to Quarry Bay MTR station, the two gardens, dining spots and Cityplaza, the largest shopping mall on Hong Kong Island.

The target sales launch of TONG CHONG RESIDENCES is in 2018. More information will be released in due course.


District: Quarry Bay
Name of the Street and Street Number: 23 Tong Chong Street

The content of this advertisement /promotional material is published by the Vendor, Novel Ray Limited or is published with its consent.

The photographs, images, drawings or sketches shown in this advertisement/promotional material represent an artist's impression of the development concerned only. They are not drawn to scale and/or may have been edited and processed with computerized imaging techniques. Prospective purchasers should make reference to the sales brochure for details of the Development. The sales brochure is not available to the public for collection at the date of printing this advertisement/promotional material. The vendor also advises prospective purchasers to conduct an on-site visit for a better understanding of the development site, its surrounding environment and the public facilities nearby.

Vendor: Novel Ray Limited
Holding companies of the Vendor: John Swire & Sons Limited, John Swire & Sons (H.K.) Limited, Swire Pacific Limited, Swire Properties Limited
Authorised person for the Development: Lam Ping Hong, Robert
The firm or corporation of which the authorised person for the Development is a proprietor, director or employee in his or her professional capacity: Wong & Ouyang (HK) Ltd
Building contractor for the Development: Hanison Contractors Limited
Solicitors for Vendor: Mayer Brown JSM
Authorised institution that has made a loan, or has undertaken to provide finance, for the construction of the Development: Not Applicable
Any other person who has made a loan for the construction of the Development: Swire Properties Limited


Located at 23 Tong Chong Street, Taikoo Place in Quarry Bay, TONG CHONG RESIDENCES is 28-storey residential building offering 111 furnished units, including studios, one- and two- bedroom apartments, and a penthouse, ranging in saleable area from approximately 340 to 1,140 sq ft. The building also features a host of facilities including a clubhouse with two spas, a gym, a reading lounge and outdoor terraces. 

For media enquiries, please contact:
Swire Properties Limited
Public Affairs ManagerSenior Public Affairs Officer
Wayne LeungCarrie Wong
Tel: (852) 2844 3038 / 9628 7993Tel: (852) 2844 3036 / 9525 7823
Email: WayneLeung@swireproperties.comEmail: