China Resources Land's Leui King II Set to Launch in Southwest Kowloon This Month
SingTao · 1 SOURCESabout 1 hour ago2 MIN
Summary
China Resources Land (Overseas) is gearing up for the launch of Leui King II, the second phase of its flagship Southwest Kowloon residential development, with the project brochure expected to be uploaded on September 14, 2026 . The development comprises 407 units and is scheduled for sale within the month. The project represents Phase 5 of the overall Leui King series, situated adjacent to Phase 3 where Phase I is located, with positioning toward Faxiang Street West on the northeast side of the site . With an anticipated key date of December 25, 2028, the presale period spans approximately 27 months .
Key Points
- Leui King II provides 407 units, 100 fewer than Phase I's 507 units, with unit types ranging from one- to three-bedroom configurations
- The project received presale consent approval, with pricing set to reference Phase I, neighboring developments, and current market conditions
- Phase I achieved record-breaking sales as Hong Kong's "new project ticket king," selling out three consecutive price lists and 485 units totaling over HK$4.6 billion
- The highest Phase I transaction was Unit A on 48/F of Tower 3A, a 655 sq ft three-bedroom with a 597 sq ft rooftop, sold for HK$19.1915 million or HK$29,300 per sq ft
- Approximately 25% of Phase I buyers came from Mainland China, including overseas returnees, professionals, talents, and investors
Why It Matters
The strong pent-up demand from Leui King Phase I, combined with its status as Hong Kong's best-selling new project in history, positions Phase II as a closely watched launch that could set market benchmarks for Southwest Kowloon pricing and sentiment in the coming weeks .
The strong pent-up demand from Leui King Phase I, combined with its status as Hong Kong's best-selling new project in history, positions Phase II as a closely watched launch that could set market benchmarks for Southwest Kowloon pricing and sentiment in the coming weeks .