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Excellent sales momentum maintained as cumulative sales reach approximately RMB 15 billion
Swire Properties is pleased to announce that the launch of the fifth batch of sales at Lujiazui Taikoo Yuan Residences has been met with an excellent market response, underscoring sustained buyer demand for premium riverfront living in Shanghai. 46 out of 56 units in this latest batch were sold on the first day, representing 82% of the total units in this batch, continuing the momentum from the sale of the previous four batches first introduced in December 2024. Cumulative sales have now reached approximately RMB 15 billion, with 95.4% or 292 of the 306 apartments launched sold to date.
This batch introduced the widest selection of premium riverside residences to date, offering apartment sizes of 388, 290, 240, and 180 sqm. With an average unit price of approximately RMB 181,800 per sqm, this latest batch reflects the highest prices attained across successive launches, firmly establishing Lujiazui Taikoo Yuan Residences as one of Shanghai’s most sought after residential addresses.
“The strong performance of our fifth batch and proven buyer interest reflect the close collaboration between Swire Properties and the Lujiazui Group, and the market’s confidence in the high quality, design excellence and long-term vision for Lujiazui Taikoo Yuan Residences,” said Adrian To, Director, Residential at Swire Properties. “Our placemaking efforts are instrumental in transforming the district into a sustainable mixed-use community along the riverfront of Lujiazui, Pudong. Shanghai’s vibrancy and resilience have demonstrated their strong appeal to our buyers and we are firmly committed to delivering exceptional homes that will set new standards for Shanghai’s premium residential market.”
“We will start to prepare for the sale of the final batch of 72 apartments in Lujiazui Taikoo Yuan Residences. Completed apartments will be delivered to buyers in stages throughout 2026 and 2027. In Hong Kong, following the HK$2.2 billion sale of the two ultra-luxury houses at 6 DEEP WATER BAY ROAD, we are moving ahead with the sale of THE HEADLAND RESIDENCES on the east coast of the Hong Kong Island where over 210 apartments have been sold to date. In Southeast Asia, we will soon be launching Upper House Residences Bangkok, our first Upper House branded residences anywhere in the world.”
Drawing on the extensive premium and lifestyle network of Lujiazui Group and Swire Properties, owners at Lujiazui Taikoo Yuan Residences can enjoy integrated membership benefits at 15 of Lujiazui Group’s landmark retail destinations in Shanghai, including daily complimentary parking, birthday gifts, membership upgrade rewards, and priority access to VIP events, etc. These benefits also extend to Swire Properties' flagship developments nationwide – including Taikoo Li Qiantan in Shanghai, Taikoo Li Sanlitun in Beijing, Taikoo Li Chengdu, and Taikoo Hui Guangzhou – offering parking privileges, curated shopping rewards, and access to exclusive member salons.
Lujiazui Taikoo Yuan Residences features 11 residential towers comprising 378 three- and four-bedroom apartments, ranging from 180 to 240, 290 and 388 sqm in size, including exclusive penthouse apartments. Designed by the team comprising Make Architects, PLPL, and CCD as leading architecture and interior designers, the residential development is a core component of the Lujiazui Taikoo Yuan mixed-use development, which spans approximately 390,000 sqm (excluding underground carpark spaces). This urban regeneration and heritage restoration project brings together luxury residences, Grade-A offices, a premium retail complex, cultural and event spaces, a boutique hotel and serviced apartments, all designed to elevate Shanghai’s riverfront experience.
Construction of the mixed-use project continues to progress steadily, with the office and retail components advancing towards completion. Adjacent to the residential towers, the West Zone of the retail development will introduce over 130 carefully curated brands across two distinct areas: a premium lifestyle zone and a modern, diverse retail zone. The East Zone, designed in collaboration with the internationally renowned Foster + Partners, a global studio for architecture, engineering, urbanism and design, will revitalise the site’s industrial heritage. Together with the broader masterplan, these elements are set to establish Lujiazui Taikoo Yuan as a world-class landmark in Shanghai.
Beyond Lujiazui Taikoo Yuan Residences, other components of the mixed-use development will open in phases starting from 2027. Swire Properties holds a 40% equity interest in Lujiazui Taikoo Yuan.
For more information, please follow the official WeChat account of Lujiazui Taikoo Yuan Residences or contact the sales hotline at (021) 6839 8888.
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Photo Captions
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1 Rendering of Lujiazui Taikoo Yuan Residences
2 Rendering of 388 sqm apartment
3 Enthusiastic market response at the recent sales event
About Lujiazui Group
Founded in 1990, Shanghai Lujiazui (Group) Co., Ltd. is a major state-owned enterprise established with the approval and support of the Shanghai Municipal People's Government. Guided by its mission – "Serving National Strategies, Leading Urban Growth, and Creating a Better Life" – Lujiazui Group plays a leading role in the integrated development and operation of Pudong. The Group has expanded its footprint from the Lujiazui Finance and Trade Zone to areas including New Bund (Qiantan), Yuqiao, Zhangjiang, Lingang, Zhoupu, Chuansha, and Hangtou. Its development framework consists of one investment hub (Group Headquarters) and three major industrial sectors: Urban Integrated Development & Services, Specialised Financial Services, and Cultural-Sports-Commercial-Tourism Services.
Looking ahead, as Pudong continues to advance reform and establish itself as a model for socialist modernisation, Lujiazui Group will continue to leverage its strength in regional development and operations. The Group remains committed to driving innovation, shaping new milestones, and making meaningful contributions to Pudong’s continued progress.
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 1.51 million sqm (approximately 16.3 million sq ft) of space.
In the Chinese Mainland, Swire Properties has six completed mixed-use developments. They include Taikoo Li Sanlitun and INDIGO^ 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*, the expansion of Taikoo Li Qiantan, Lujiazui Taikoo Yuan in Shanghai and Taikoo Li Julong Wan Guangzhou are currently under development. The Company’s completed portfolio in the Chinese Mainland comprises approximately 1.3 million sqm (14.4 million sq ft) of space.
In addition to Hong Kong and the Chinese Mainland, the Company has a presence in Indonesia, Vietnam, Singapore, Thailand and Miami, U.S.A.
Swire Properties has achieved global leadership in sustainable development with its No. 1 ranking in the Dow Jones Best-in-Class World Index 2024 (formerly known as Dow Jones Sustainability World Index), in the Real Estate Management & Development Industry category.
Visit Swire Properties’ website at www.swireproperties.com
^Taikoo Place Beijing will include the existing INDIGO upon completion.
*Project name has yet to be confirmed.