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Total sales across four batches now exceed RMB 12.3 billion
Swire Properties is pleased to announce another strong market response to the launch of the fourth batch of sales at Lujiazui Taikoo Yuan Residences, continuing the momentum from previous sales launches since December 2024. Despite keen market competition at the year end, 48 out of 60 units in this latest batch were sold on the first day, generating RMB 2.64 billion in sales, representing 83.1% of the batch's total inventory value. Cumulative sales have now reached RMB 12.3 billion, with 93.6% or 234 of the 250 units launched sold to date.
This current batch presents premium apartments in two riverside towers adjacent to an expansive park, including spacious apartments of 240 sqm and 388 sqm which enjoy wide river and park views. The average unit price for these apartments is approximately RMB 180,000 per sqm, reflecting a steady price increase across successive launches and reaffirming the sustained demand for Lujiazui Taikoo Yuan Residences as one of Shanghai's premier residential addresses.
"We are delighted by the resilient and ongoing interest in Lujiazui Taikoo Yuan Residences from discerning buyers," said Adrian To, Director, Residential at Swire Properties. "The resounding success of this fourth batch is testament to the quality of this development, with its exceptional design and prime location, combined with the close collaboration between Swire Properties and the Lujiazui Group. This result reaffirms our belief that premium residential offerings remain attractive to buyers seeking a luxury riverside living experience in Shanghai, which has once again demonstrated its resilience and cosmopolitan appeal to buyers and long-term investors."
Lujiazui Taikoo Yuan Residences features 11 residential towers comprising 378 three- and four-bedroom apartments, ranging from 180 to 240, 280 and 388 sqm in size, including exclusive penthouse apartments. All residents will enjoy access to the members clubhouse spanning more than 6,000 sqm and offering top-tier amenities, including an indoor pool, advanced gym, banquet facilities and a children's play area. The clubhouse and fully furnished show flats are open for all prospective buyers to visit to experience firsthand the elegant design, spacious layouts and panoramic views of the Huangpu River and the Lujiazui CBD.
To meet market demand, more apartments will be offered in 2026 while completed apartments will be delivered to buyers in phases in 2026 and 2027.
The development has also unveiled its premium buyer membership programme, including details of exclusive Very Important Customer (VIC) memberships at Swire Properties' retail destinations in four cities across the Chinese Mainland: Taikoo Li Qiantan in Shanghai, Taikoo Li Sanlitun in Beijing, Taikoo Hui Guangzhou, and Taikoo Li Chengdu. Buyers will also receive a range of privileges offered by Lujiazui Group in Shanghai.
Lujiazui Taikoo Yuan Residences is an integral part of the Lujiazui Taikoo Yuan mixed-use development, which spans approximately 390,000 sqm (excluding underground carpark spaces). This transformational, 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 the riverfront experience in Shanghai.
The project continues to make good progress with the gradual completion of the office and retail components and the realisation of Swire Properties' retail vision for the district. These elements, together with the East zone which is currently in the final design phase, are anticipated to unlock the value of the area, reflecting Swire Properties' strong confidence in the enduring appeal of this premier waterfront location in Shanghai and the Company's commitment to delivering a world-class, mixed-use development in Pudong and an exciting new landmark for the city.
Beyond the 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 call the sales hotline at (021) 6839 8888.
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Photo Captions
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1 The Clubhouse at Lujiazui Taikoo Yuan Residences
2 A show flat for the development's 388 sqm apartment
3 Market response at the recent sales event was enthusiastic
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 1.54 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, Sanya project (Phase 3)*, 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 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, USA.
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 to be confirmed.