CITIC Pacific's Jardine's Lookout Luxury Project Sells Two Units in Single Day, Grossing Over HK$115 Million
SingTao · 2 SOURCESabout 6 hours ago2 MIN
Summary
CITIC Pacific's luxury residential project The Address at Jardine's Lookout sold two units on Monday, September 28, 2026, generating over HK$115 million in a single day. The larger unit fetched HK$84.68 million while the smaller one sold for HK$30.38 million. Both buyers were local Hong Kong residents who purchased for self-occupation, attracted by the project's waterfront views and proximity to Central's business district.
Key Points
- The Address at Jardine's Lookout, located at 135 Tai Hang Road, sold two units on September 28, 2026, netting over HK$115 million
- Tower 1, 9/F, Flat B (1,686 sq ft) with one parking space sold for HK$84.68 million, or approximately HK$50,225 per sq ft
- Tower 3, 19/F, Flat B (645 sq ft) changed hands for HK$30.38 million, equating to about HK$47,101 per sq ft
- Both buyers were local Hong Kong residents purchasing for self-occupancy, citing the project's views over Kowloon Peninsula's southern coastline
- The project offers convenient transportation, with journeys to Central CBD taking approximately 10 minutes and to the high-speed rail station around 15 minutes
Why It Matters
The strong sales performance of this luxury project demonstrates continued demand for premium residential properties in Hong Kong's exclusive mid-levels area, even amid market uncertainties. CITIC Pacific Director Lee Siu-man noted that local buyers remain drawn to well-located developments with scenic views and robust transport connectivity, suggesting resilience in the high-end property segment .
The strong sales performance of this luxury project demonstrates continued demand for premium residential properties in Hong Kong's exclusive mid-levels area, even amid market uncertainties. CITIC Pacific Director Lee Siu-man noted that local buyers remain drawn to well-located developments with scenic views and robust transport connectivity, suggesting resilience in the high-end property segment .