Wheelock Properties 2026 Sales Surpass Last Year with 2,312 Units, HK$27.3B
AM730 · 1 SOURCESabout 2 hours ago2 MIN
Summary
Wheelock Properties has announced that as of September 6, 2026, the group has sold 2,312 units with total sales exceeding HK$27.3 billion, surpassing its full-year 2025 results of HK$26.5 billion and 2,307 units . Key drivers included flagship projects such as the South Island Line Wong Chuk Hang Station DEEP WATER SOUTH and the Kai Tak PARK PENINSULA series, which together accounted for over 1,700 units sold . Wheelock Properties Vice Chairman and Managing Director Wong Kwong-yiu expressed optimism about the market, projecting a 10 percent rise in property prices for 2026, citing stable interest rates, economic recovery, and talent policies as key tailwinds . Looking ahead, the group plans to launch three luxury projects in the fourth quarter, including DOUBLE COAST II, a Mount Crawford house project, and The Monet in Kowloon Tong .
Key Points
- As of September 6, 2026, Wheelock Properties sold 2,312 units with sales exceeding HK$27.3 billion, surpassing its 2025 full-year record of 2,307 units and HK$26.5 billion
- DEEP WATER SOUTH in Wong Chuk Hang sold 204 units for HK$3.76 billion; Phase 6B GRANDE BLANC achieved record price of HK$86.86 million and HK$51,000+ per sq ft for a 4-bedroom unit
- Kai Tak PARK PENINSULA series sold 1,537 units for HK$18.019 billion; nearby MIAMI QUAY sold over 565 units for nearly HK$6 billion
- North District PARK SILICON Phase 2 PALO SPRINGS platform unit sold at HK$23,604 per sq ft, setting a benchmark for Northern Metropolis private housing
- Wong Kwong-yiu expects 2026 property prices to rise 10 percent, driven by economic recovery, stable interest rates, and talent attraction policies
Why It Matters
Wheelock Properties' record-breaking sales reflect renewed confidence in Hong Kong's property market amid improving economic conditions and government talent initiatives . The strong performance of luxury projects like GRANDE BLANC underscores sustained demand for premium waterfront residences in traditional prestige areas . With three additional luxury projects slated for Q4 launch, the market is signaling a robust year-end recovery, potentially supported by anticipated government measures to stimulate the property sector .
Wheelock Properties' record-breaking sales reflect renewed confidence in Hong Kong's property market amid improving economic conditions and government talent initiatives . The strong performance of luxury projects like GRANDE BLANC underscores sustained demand for premium waterfront residences in traditional prestige areas . With three additional luxury projects slated for Q4 launch, the market is signaling a robust year-end recovery, potentially supported by anticipated government measures to stimulate the property sector .