Luxury Real Estate Projects in Shanghai and Hong Kong Set Record Sales Amid Market Challenges
In a challenging year for luxury real estate markets in Hong Kong and Mainland China, three projects have achieved remarkable sales success. Swire Properties sold two houses at 6 Deep Water Bay Road in Hong Kong for HK$2.2 billion, setting a high benchmark for luxury residential property. The design by Philip Liao & Partners Limited (PLPL) focused on optimizing the living experience with features like a wrap-around glass façade and a transparent pool edge. In Shanghai, the Lujiazui Taikoo Yuan Residences and Jinling Residences achieved significant sales, with PLPL's design emphasizing site-specific customization and value creation. These projects highlight a disciplined approach to design that has translated into premium valuation and record absorption rates. 
