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Swire Properties is pleased to announce that 84 apartments at THE HEADLAND RESIDENCES, a premium residential development located in Chai Wan on the east coast of Hong Kong Island1, were sold on the first day of sales, generating approximately HK$725 million in sales proceeds.
The first batch of apartments on sale includes a selection of 180 units from the first and second price lists2, comprising one-, two- and three-bedroom layouts3 with saleable areas ranging from 418 sq ft to 899 sq ft4. Listed prices range from HK$7,538,000 to HK$23,774,0005, or HK$18,033 to HK$26,445 per sq ft6 (saleable area). Prices after the available discounts of 15%7 range from HK$6,407,000 to HK$20,208,0008,9, or HK$15,328 to HK$22,479 per sq ft8,10 (saleable area).
Adrian To, Director, Residential at Swire Properties, said, “We are very pleased with the strong sales performance of the first batch of apartments on sale at THE HEADLAND RESIDENCES. The positive market response is a testament to our renowned residential brand and the exceptional quality of our residential projects. This development has been meticulously designed to deliver an unparallel premium urban living experience, offering top-tier indoor and outdoor amenities and convenient access to public transportation. Hong Kong’s residential market fundamentals are strong, market sentiment has improved significantly, and we will be launching additional premium apartments for sales shortly.”
Strategically located near major thoroughfares on Hong Kong Island, THE HEADLAND RESIDENCES is approximately a 10-minute11 drive from Taikoo Place and Cityplaza, and about a 15-minute12 drive from the Admiralty and Central business districts. A public transport interchange13 will be built at the ground level of Phase 2, while residents have access to more than 40 bus and minibus routes14 to other districts using the pickup points in the immediate neighbourhood.
Enhancing the quality of life for residents, CLUB HEADLAND15, the clubhouse at THE HEADLAND RESIDENCES, features 30 premium indoor and outdoor amenities, complemented by an expansive 43,000 sq ft garden area16 at ground level that is seamlessly integrated into the development.
Phase 1 of the THE HEADLAND RESIDENCES comprises 592 units across Tower 2 and Tower 3, offering various layouts to cater to the needs of multi-generational families, aspirational homeowners, professionals and property investors alike.
THE HEADLAND RESIDENCES Phase 1 has received its occupation permit, with an estimated material date of 31 August 2026.
The sales gallery at Taikoo Place, Quarry Bay, is open for public reviewing from 11am to 8pm, with online reservations available.
For more information of the development, please visit: www.theheadlandresidences.hk.
For high-resolution photos, please click here.
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About THE HEADLAND RESIDENCES
The Headland Residences is a new residential development in Chai Wan, developed jointly by Swire Properties and China Motor Bus Company, Limited. The development comprises three residential towers with a total of 850 units featuring one-bedroom to four-bedroom layouts as well as special units (the majority of units being two-bedroom and three-bedroom layouts), with typical unit sizes ranging from approximately 400 sq ft to 1,400 sq ft.4 The development is expected to be completed in phases.
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.
In Hong Kong its investment portfolio includes 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.
On 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, Sanya development project (Phase 3)@, New Bund Mixed-use Project@ and 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.
1 The above is only a general description of the surrounding environment of the Development and does not represent that all units will enjoy the relevant views. The views described are subject to the floor on which the unit is located, the orientation of the unit and the surrounding structures and environment. They are not applicable to all units and the surrounding structures and environment may change from time to time. The Vendor does not make any offer, representation, undertaking or warranty whatsoever, whether express or implied, regarding the views and surrounding environment (irrespective of whether relating to view).
2 For details, please refer to Price List No. 1 of the Phase issued by the Vendor on 26 August 2025 and Price List No. 2 of the Phase issued by the Vendor on 31 August 2025 and any amendments thereto (if any).
3 The flat mix of the Development shall be subject to the final approved plans of the relevant Government authorities. Please refer to the sales brochure for details. The Vendor reserves the right to amend the layout plans and floor plans of the residential units in accordance with the agreements for sale and purchase and the latest building plans approved by the relevant Government authorities.
4 The saleable area is calculated in accordance with Section 8 of the Residential Properties (First-hand Sales) Ordinance (Cap. 621). The areas in square feet have been converted from square metres based on a conversion rate of 1 square metre = 10.764 square feet and rounded off to the nearest integer.
5 The prices mentioned here are the prices of residential properties listed in Price List No. 1 and Price List No. 2 of the Phase.
6 The figures are calculated by dividing the prices of residential properties listed in Price List No. 1 and Price List No. 2 of the Phase by the respective saleable area (in square feet) of the relevant residential property, rounded off to the nearest integer.
7 Discounts up to 15% refer and assume that the purchaser will choose the Cash Payment Plan and will be entitled to 3% payment plan discount, 3% Stamp Duty Benefit, 1% “Swire Properties Residences” Benefit and 8% Limited Time Discount (but not entitled to Swire Loyalty Rewards and Swire Properties Staff Discount).
8 Please refer to the relevant price list for the details of all the prices, payment terms, discounts, gifts, financial benefits and benefits. The Vendor reserves the right to change the prices, payment terms, discounts, gifts, financial benefits or benefits of different residential properties from time to time. The Purchaser may not choose or be able to obtain the relevant payment terms, discounts, gifts, financial benefits or advantages, and may not purchase the relevant residential property. Therefore, any benefit mentioned in this advertisement/promotional material may differ from the actual situation and may not be applicable. The Vendor gives no offer, representation, undertaking, or warranty, whether express or implied, as to whether the Purchaser can choose or obtain the relevant discounts, gifts, financial benefits or benefits. The Vendor reserves the right of final decision.
9 The prices mentioned here are the actual prices of residential properties that will be set out in the preliminary agreement(s) for sale and purchase, assuming that the purchaser will choose Cash Payment Plan and will be entitled to 3% payment plan discount, 3% Stamp Duty Benefit, 1% “Swire Properties Residences” Benefit and 8% Limited Time Discount (but not entitled to Swire Loyalty Rewards and Swire Properties Staff Discount). The price obtained after applying the relevant discount(s) (if any) on the price will be rounded off to the nearest thousand to determine the purchase price.
10 The figures are calculated by dividing the actual prices of residential properties that will be set out in the preliminary agreement(s) for sale and purchase, assuming that the purchaser will choose Cash Payment Plan and will be entitled to 3% payment plan discount, 3% Stamp Duty Benefit, 1% “Swire Properties Residences” Benefit and 8% Limited Time Discount (but not entitled to Swire Loyalty Rewards and Swire Properties Staff Discount), by the respective saleable area (in square feet) of the relevant residential property, rounded off to the nearest integer.
11 The travel time is calculated based on the driving direction and information provided by Google Maps from 99 Sheung On Street to One Taikoo Place and to Cityplaza and the lawful speed limits. The time mentioned is for reference only and may be affected and restricted by actual traffic, road and weather conditions.
12 The travel time is calculated based on the driving direction and information provided by Google Maps from 99 Sheung On Street to Pacific Place and to the Hong Kong MTR Station and the lawful speed limits. The time mentioned is for reference only and may be affected and restricted by actual traffic, road and weather conditions.
13 The Government Accommodation (Public Transport Interchange) is located on Ground Floor and First Floor of Phase 2.
14 Services of the bus and minibus routes mentioned above will be provided by third-party companies, not by the Vendor. The third-party companies have the rights to determine the fees, terms and conditions, operation hours and service period of the above-mentioned services. Services of the bus and minibus routes that will be provided at the public transport interchange are yet to be announced.
15 The use and enjoyment of Club Headland will be shared amongst the owners and residents of the Development (including Phase 1 and Phase 2). Club Headland and the facilities and/or services thereof may not be immediately available for use and enjoyment upon the date of occupation of the residential properties. The use and operation of the facilities and/or services shall also be subject to issuance of the relevant consents or licences from the Government. The name "Club Headland" is a promotional name for use in promotional materials only, and will not appear in any deed of mutual covenant, preliminary agreement for sale and purchase, formal agreement for sale and purchase, assignment or title deeds relating to the Development. The facilities and/or services may be provided by other contract-based third party companies. The use and enjoyment of the facilities and/or services may also be subject to payment of additional fees, and shall be governed by the terms and conditions of the relevant suppliers, contractors and/or third party service providers. All facilities and/or services to be provided, and their designs and usage rights are subject to change and the final decision of the Vendor.
16 The garden area is the public open space to be constructed in an area adjacent to the site of Phase 1, which will be accessible by all members of the public upon its completion. The public open space and the facilities thereof (if any) may not be immediately available for use and enjoyment upon the date of occupation of the residential properties. The use and operation of the public open space and the facilities thereof (if any) shall also be subject to issuance of the relevant consents or licences from the Government. The public open space will be delivered to the Government in accordance with the land grant.
Name of the Development: THE HEADLAND RESIDENCES (the "Development") | Phases of the Development: Phase 1 ("Phase 1") and Phase 2 ("Phase 2") of the Development | District: Chai Wan | Name of the street and street number: 99 Sheung On Street^ | Address of the website designated by the Vendor for Phase 1 and Phase 2: www.theheadlandresidences.hk#
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 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: Joyful Sincere Limited | Holding companies of the Vendor: Windcharm Property Holdings Limited (formerly known as Windcharm Investments Limited), Bright Faith Limited, Swire Properties Limited | Authorized Person for Phase 1 and Phase 2: Leung So Wan Susan | The firm or corporation of which an Authorized Person for Phase 1 and Phase 2 is a proprietor, director or employee in his or her professional capacity: Wong & Ouyang (HK) Limited | Building Contractor for Phase 1 and Phase 2: China Overseas Building Construction Limited | The firm of solicitors acting for the owner in relation to the sale of residential properties in Phase 1 and Phase 2: Johnson Stokes & Master | Any authorized institution that has made a loan, or has undertaken to provide finance, for the construction of Phase 1 and Phase 2: The Hongkong and Shanghai Banking Corporation Limited (to be provided before commencement of sales) | Any other person who has made a loan for the construction of Phase 1 and Phase 2: Windcharm Property Holdings Limited (formerly known as Windcharm Investments Limited) I The estimated material dates for Phase 1 and Phase 2, respectively, as provided by the Authorized Person for Phase 1 and Phase 2 to the best of the Vendor’s knowledge: 31 August 2026 and 28 February 2027 (“Material date” means the date on which the conditions of the land grant are complied with in respect of the phase. The estimated material date is subject to any extension of time that is permitted under the agreement for sale and purchase.) Prospective purchasers are advised to refer to the sales brochure* for any information on the relevant phase. As at the date of printing of this press release, the Vendor has not yet obtained the pre-sale consent of the Director of Lands to enter into agreements for sale and purchase of the residential units in Phase 2. | Date of production : 6 September, 2025 | ^ The provisional street number is subject to confirmation when Phase 1 and Phase 2 are completed. # The address of the website designated or to be designated by the Vendor for Phase 1 and Phase 2 for the purposes of Part 2 of the Residential Properties (First-hand Sales) Ordinance. *As at the date of production of this press release, the sales brochure of Phase 2 has not yet been made available.
This press release is published by the Vendor or by another person with the consent of the Vendor. All contents of this press release are for reference only and do not constitute and shall not be construed as constituting any contractual term, offer, representation, undertaking or warranty, whether expressed or implied. Please refer to the sales brochure* for details.