Swire Properties Announces New Luxury Residential Developments in Ho Man Tin and Island East

Swire Properties today unveiled the names of two new residential developments on 23 Dunbar Road, Ho Man Tin and 1 Sai Wan Terrace, Island East. DUNBAR PLACE and MOUNT PARKER RESIDENCES are scheduled for completion in first half of 2014.

"We are excited to introduce both residences to the luxury property market," said Adrian To, General Manager, Residential at Swire Properties. "Swire Properties has a long-standing tradition of creating prestigious residences in prime locations. DUNBAR PLACE and MOUNT PARKER RESIDENCES reflect our pursuit of exceptional quality and a unique style of luxury."

Situated in the heart of Ho Man Tin, DUNBAR PLACE is surrounded by some of the finest schools in the city's education system. The 23-storey development comprising 53 luxurious apartments ranging from approximately 1,500 to 2,300 sq ft gross floor area (approx. 1,200 - 1,800 sq ft saleable area). Designed by Make Architects, one of Britain's most foremost architectural firms, DUNBAR PLACE is a modern residence with contemporary architectural ideals.

Located at 1 Sai Wan Terrace, Island East, MOUNT PARKER RESIDENCES is perched on Mount Parker. The 21-storey building comprises of 92 apartments of approximately 1,500 to 2,200 sq ft gross floor area (approx. 1,200 - 1,700 sq ft saleable area), each with its own direct elevator access providing residents with maximum privacy. The innovatively-designed building is constructed by world-renowned American architectural firm Arquitectonica, who is the mastermind behind Swire Properties' flagship commercial development TaiKoo Hui in Guangzhou. MOUNT PARKER RESIDENCES is set to become a residential landmark in the city's landscape.

"These two developments underline Swire Properties' key business strategy of continuing to expand our signature luxury residential portfolio in Hong Kong," added Adrian To.

About Swire Properties

Swire Properties develops and manages commercial, retail, hotel and residential properties, with a particular focus on mixed-use development in prime locations at major mass transportation intersections. Listed on the Main Board of the Stock Exchange of Hong Kong, the Company's investment portfolio in Hong Kong totals over 17 million sq ft (over 1.58 million sqm)* of gross floor area, with Island East and Pacific Place as its core holdings. In addition to Hong Kong, the Company has significant investments in Mainland China, the United States and the United Kingdom.

In Mainland China, Swire Properties has a portfolio amounting to over 13.5 million sq ft (approximately 1.26 million sqm)*, including five mixed-use developments in Beijing, Guangzhou, Chengdu and Shanghai. Of these, Sanlitun Village and INDIGO in Beijing and TaiKoo Hui in Guangzhou have opened.

Since 1980, the Company has been developing investment and trading properties on the island of Brickell Key in downtown Miami, Florida where it has created an acclaimed residential and commercial portfolio, including the new large-scale mixed-use project, Brickell CityCentre.

Through Swire Hotels, the Company also creates and manages intriguing urban hotels in Hong Kong, Mainland China and the United Kingdom, aimed at providing an exceptional experience for travellers who seek individuality, style and personalised service.

Visit Swire Properties' website at www.swireproperties.com.

* Gross floor area in respect of 100% of the properties excluding car park areas and not on an attributable basis.