business · Thestandard

Swire Properties Launches Phase 2 Sales for The Headland Residences with 258 Units

about 3 hours ago1 MIN
Swire Properties Launches Phase 2 Sales for The Headland Residences with 258 Units

Summary

Swire Properties (stock code: 1972) has launched Phase 2 of The Headland Residences, releasing a sales brochure on Thursday with pre-sale consent secured for 258 units. The new phase offers two- to four-bedroom apartments ranging from 547 to 2,847 square feet, with completion scheduled for September 2027. The developer also announced a first sales arrangement offering 52 two-bedroom units for tendering starting September 11, 2026. Adrian To Wai-yip, the company's director of residential, noted that Phase 1 has performed strongly, with about 400 units sold out of approximately 430 launched since September 2025, generating HK$3.6 billion in sales proceeds.

Key Points

  • Phase 2 comprises 258 units with sizes spanning 547 to 2,847 square feet
  • Unit configurations include two-, three-, and four-bedroom layouts
  • First sales arrangement features 52 two-bedroom units (585-610 sq ft) for tendering on September 11
  • Project completion targeted for September 2027
  • Phase 1 achieved HK$3.6 billion in sales from roughly 400 units sold since last September

Why It Matters

The Headland Residences Phase 2 launch demonstrates continued confidence in Hong Kong's luxury residential market, with Swire Properties timing the release amid pre-sale regulatory approval. Strong Phase 1 performance, with over 93% of units sold and HK$3.6 billion in proceeds, signals robust demand for quality residential properties in Hong Kong .
The Headland Residences Phase 2 launch demonstrates continued confidence in Hong Kong's luxury residential market, with Swire Properties timing the release amid pre-sale regulatory approval. Strong Phase 1 performance, with over 93% of units sold and HK$3.6 billion in proceeds, signals robust demand for quality residential properties in Hong Kong .

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