SWIREPROPERTIES (01972) News

Hong Kong Real Estate: Five-Year Plan and Policy Address Outlook; Preference for Rental-Yield Stocks

Key Views: Policy expectations remain stable. Stamp duty on luxury properties may see minor adjustments, but the impact is expected to be limited. It is anticipated that the Chief Executive will not introduce significant measures to either support or tighten the property market in the Policy Address scheduled for release on September 16. Although stamp duty was increased earlier this year for luxury homes priced above HK$100 million, market reaction was muted, and sales momentum remains strong. While the threshold for luxury property stamp duty could potentially be lowered from HK$100 million to HK$50 million in the future, such transactions account for a very small share of the market (1% by volume, 16% by value), meaning their impact on overall market sentiment is controllable. The Five-Year Plan focuses on the development of the Northern Metropolis and talent attraction. It is expected that the first Five-Year Plan will prioritize...

CSOPSep 9 04:09

[New Launch] Two-bedroom sea-view suite at Hyde Park, Chai Wan, sold for HK$13.19 million; price per square foot hits record high of HK$23,000

Swire Properties (01972.HK) recorded a transaction yesterday (the 7th) for a high-floor, two-bedroom sea-view unit at Hyde Park in Chai Wan. The transaction price was approximately HK$13.19 million, equivalent to around HK$23,017 per square foot of saleable area. Both the total price and the price per square foot set new records for two-bedroom plus one study units in the development. It is understood that the buyer was attracted by the unit’s high-floor sea views and high ceiling height, and was deeply impressed by the project’s grand lobby, which is approximately 60 meters wide. Additionally, as the project has reached the completed stage, allowing for immediate occupation, the buyer purchased it for owner-occupation. Hyde Park will launch a tender sale for two-bedroom units in Tower 1 this Friday (the 11th), with strong market inquiry reported. A total of 52 units are included in this tender.

AASTOCKSSep 8 09:38

[Hong Kong Property] Pre-sale approval granted for Phase II of Hoi Fu Court in Chai Wan; tender for the initial batch of 52 two-bedroom units to launch next week

Swire Properties (01972.HK) has released the sales brochure for Phase II of Hedy Garden in Chai Wan, offering 258 units with saleable areas ranging from 547 to 2,847 square feet. The layout options include two- to four-bedroom units, comprising 104 two-bedroom, 108 three-bedroom, and 37 four-bedroom units. The key date is set for September 30, 2027, with a construction period of 12 months. The project also announced its first sales arrangement, involving 52 units, all of which are two-bedroom apartments with saleable areas between 585 and 610 square feet. These units will be offered for tender from next Friday (the 11th) through the 16th, with indicative prices ranging from HK$18,000 to HK$22,000 per square foot.

AASTOCKSSep 3 17:08

Zhitong HK Stock Investment Log | September 2

HK Stock Investment Log | September 2, 2026

Zhitong FinanceSep 2 00:00

SWIREPROPERTIES To Go Ex-Dividend On September 2nd, 2026 With 0.37 HKD Dividend Per Share

September 1st (Beijing Time) - $SWIREPROPERTIES(01972.HK)$ is trading ex-dividend on September 2nd, 2026.Shareholders of record on September 3rd, 2026 will receive 0.37 HKD dividend per share on

Futu NewsSep 1 09:00

SWIREPROPERTIES: Interim Report 2026

HKEXAug 31 16:30

Hong Kong Stocks in Motion | Most Hong Kong Property Stocks Under Pressure as Wall’s Hawkish Stance Boosts September Rate Hike Expectations; Early Signs of Softening in Hong Kong Housing Prices Emerge

Most Hong Kong property stocks faced downward pressure. As of press time, Henderson Land Development (00012) fell 6.76% to HK$27.02, and Sun Hung Kai Properties (00016) dropped 5% to HK$115.8.

Zhitong FinanceAug 31 14:56

After selling out all units in the second price list for Raycom Jingtian I, Hong Kong Properties launched an additional 101 units, with discounted prices starting from HK$5.539 million. A luxury penthouse with an external terrace was sold for HK$580 milli

Momentum in new property sales continued over the past weekend, with all units in the second sales round of Ruijing I in Southwest Kowloon sold out. The developer has launched an additional 101 units, with effective prices starting from HK$5.539 million and effective price per square foot from HK$17,789. A new batch of units is scheduled for release as early as this weekend. Sales of remaining inventory in other new developments also remained robust, with primary market transactions surpassing 1,000 units in August. In the secondary market, the top ten residential estates tracked by the four major agency firms recorded a total of 42 transactions. Although this represents a week-on-week decline of over 10%, analysts believe that the secondary market will also benefit as overseas travel factors diminish and the heated atmosphere in the new home market further stimulates buyer interest. By China Resources Land (

AASTOCKSAug 31 10:22

Swire Properties (01972.HK) expects the expansion project at Taikoo Li Qiantan to be completed by year-end, with retail space more than doubling.

Swire Properties (01972.HK) announced that the expansion project of Taikoo Li Qiantan is expected to be completed by the end of this year. With the completion of the approximately 150,000 square meter expansion, the total retail area of Taikoo Li Qiantan will more than double to around 259,000 square meters,汇聚 over 600 well-known international and local brands, creating a brand mix that is both internationally appealing and rich in local character. The new retail space will seamlessly connect the existing mall with Qiantan Plaza, which includes two Grade A office towers, upgrading Taikoo Li Qiantan into a comprehensive development landmark with diverse business functions. This expansion will introduce a more diversified range of retail, leisure, and lifestyle experiences, primarily focusing on...

AASTOCKSAug 27 17:53

Major Banks | Morgan Stanley: Revisions to Mainland China’s Outbound Investment Rules Add Uncertainty for Developers; Preference for Rental-Income Stocks

Morgan Stanley issued a research report stating that the National Development and Reform Commission (NDRC) released a draft revision of the "Administrative Measures for Outbound Investment" last Friday (the 21st), soliciting public comments until September 20. The draft amendment supplements State Council Order No. 837, which took effect on July 1, with the primary change being an expanded scope to include individual residents. As real estate has historically been classified as a sensitive sector requiring approval, purchases of residential properties in Hong Kong by mainland residents may fall under regulatory oversight. The bank noted that further clarification is needed regarding enforcement mechanisms, investment caps, and the treatment of owner-occupied properties, suggesting that sentiment in the Hong Kong residential market may remain weak in the short term. Despite recent new...

AASTOCKSAug 27 16:34

[New Launches] Hyde Park in Chai Wan sells four units in a single day, generating over HK$40 million in proceeds

Swire Properties (01972.HK) recorded four transactions at its Hoi Lai Garden project in Chai Wan yesterday (the 25th), with transaction prices ranging from approximately HK$8.91 million to HK$10.54 million. This translates to a price per square foot of saleable area of approximately HK$17,398 to HK$19,591, generating total proceeds of over HK$40 million. The sales included three two-bedroom units with a saleable area of 538 square feet each. To date, 393 units have been sold, representing nearly 92% of the units launched for sale.

AASTOCKSAug 26 10:04

Major Banks: Citi’s Ratings and Target Prices for Hong Kong Property Stocks and REITs (Table)

Citi has released a research report outlining its investment ratings and target prices for Hong Kong property stocks and real estate investment trusts (REITs) as follows: Stock | Investment Rating | Target Price (HKD) Wharf Holdings Limited (00004.HK) | Sell | 19.60 Henderson Land Development Company Limited (00012.HK) | Buy | 34.60 Hysan Development Company Limited (00014.HK) | Sell | 15.69 Sun Hung Kai Properties Limited (00016.HK) | Buy | 168.00 New World Development Company Limited (00017.HK) | Neutral | 6.90 MTR Corporation Limited (000

AASTOCKSAug 25 11:07

Citi: NDRC plans to revise measures for the administration of overseas investment, expected to exert short-term pressure on Hong Kong property stocks

The National Development and Reform Commission (NDRC) released the "Measures for the Administration of Outbound Investment (Revised Draft for Public Comment)." Citi issued a research report stating that this move may add further uncertainty for residents purchasing overseas residential properties in their personal capacity, although the actual impact is difficult to assess at this stage. In the short term, it is expected to exert downward pressure on the share prices of Hong Kong real estate stocks. Citi noted that the core framework of the draft’s dual-track approval/filing system remains largely consistent with the 2017 version, but regulatory details have been strengthened, including expanded reporting requirements, tighter deadlines for disclosing material events, and a broader definition of "sensitive industries." Furthermore, the definition of investors has been expanded from "domestic enterprises" to "enterprises,

AASTOCKSAug 25 11:06

JPMorgan: Short-term property market sentiment turns cautious; preference for REITs over developers

JPMorgan issued a report stating that following the State Council’s release of the "Provisions on Outbound Investment" in June, the National Development and Reform Commission (NDRC) recently published the "Measures for the Administration of Outbound Investment (Revised Draft for Comment)," expanding the regulatory scope to include individuals. The bank views this move primarily as a follow-up supplement providing more detailed implementation guidelines. However, market attention has focused on whether Hong Kong residential properties have been brought under regulatory purview, given the draft’s explicit mention of "land use rights." JPMorgan addressed investor concerns through six frequently asked questions, with key points including: (1) "Real estate" has always fallen within the scope of outbound investment, but typically refers to real estate investment; it remains unclear whether individual purchases of properties for owner-occupation would be covered.

AASTOCKSAug 25 11:01

[New Launches] Three two-bedroom units sold at Hyde Park in Chai Wan, generating over HK$28 million in single-day sales

Swire Properties (01972.HK) recorded three transactions of two-bedroom units at Hyde Park in Chai Wan yesterday (the 24th). The saleable area ranged from 512 to 573 square feet, with transaction prices between HK$8.87 million and HK$10.77 million. This translates to a price per square foot of saleable area of approximately HK$17,019 to HK$18,791, generating total proceeds of over HK$28 million.

AASTOCKSAug 25 09:16

Swire Properties (1972.HK): Accelerating Growth of a High-Barrier Commercial Flagship

We initiate coverage of Swire Properties with a "Buy" rating and a target price of HK$30.57, corresponding to a 2026 P/E ratio of 21.2x (based on recurring core EPS). The company is a quintessential commercial HALO asset in the Hong Kong stock market.

Huatai SecuritiesAug 23 00:00

Major Banks | Morgan Stanley: Swire Properties (01972.HK) target price lowered to HK$28; rating maintained at "Overweight"

Morgan Stanley issued a research report updating the risk-reward assessment for Swire Properties (01972.HK). After incorporating performance data for the first half of 2026, the bank raised its core earnings per share (EPS) forecasts for fiscal years 2026, 2027, and 2028 by 2.3%, 1.8%, and 1.5%, respectively. The adjustments reflect updated assumptions regarding rental reversions for retail and office properties, occupancy rates, and interest rates; revised recognition timelines and completion schedules for property development projects; and higher-than-expected gains from property trading. The bank maintained its dividend per share forecasts for fiscal years 2026 to 2028 unchanged at HK$1.21, HK$1.27, and HK$1.30, respectively.

AASTOCKSAug 21 15:21

Prudential (02378.HK) and Swire Properties (01972.HK) have signed a lease agreement to expand office space at Taikoo Place, the company's Hong Kong headquarters.

Prudential (02378.HK) and Swire Properties (01972.HK) signed a lease agreement today (the 19th) to expand and upgrade Prudential’s office space at Taikoo Place. Under the agreement, Prudential’s total office floor area at Taikoo Place will increase to approximately 83,000 square feet, cementing Taikoo Place as its long-term corporate headquarters location. Since entering Taikoo Place in 2011, Prudential has been a key partner in the Taikoo Place office community. As part of its Hong Kong business expansion plan, Prudential will expand and consolidate its operations into One Taikoo Place and Island East. Tim Culver, Chief Executive Officer of Swire Properties,

AASTOCKSAug 19 12:00

[New Launch] Hyde Court in Chai Wan records four transactions in a single day, generating over HK$42.8 million in sales proceeds

Swire Properties (01972.HK) recorded four additional transactions at its Hyde Park estate in Chai Wan yesterday (the 18th). The sold units had saleable areas ranging from 538 to 573 square feet, with transaction prices between HK$9.83 million and HK$11.87 million. This translates to a price per square foot of saleable area of approximately HK$18,284 to HK$20,717, generating over HK$42.8 million in proceeds in a single day.

AASTOCKSAug 19 09:58

[Hong Kong Property] Palo Springs in North Kwu Tung sold 56 units in its first round, generating nearly HK$417 million. Ray Skyline I in Southwest Kowloon launched an additional 78 units, receiving over 18,000 registrations.

New property sales continued over the past weekend. The first round of sales for Palo Springs in Kwu Tung North sold 56 units, generating nearly HK$417 million in proceeds. Notably, a bulk buyer purchased four units in a single transaction, involving approximately HK$25.91 million. In Kowloon, Raye Cove I in Southwest Kowloon is scheduled to launch its first round of sales as early as this weekend. The project has received over 18,000 expressions of interest, representing a 99-fold oversubscription. An additional 78 units have been added to the offering, with effective prices starting from HK$5.926 million. In the secondary market, data from major agency firms indicates that transactions in the top ten residential estates remained at single-digit levels. Wheelock Properties' Park Silicon Phase II in Kwu Tung North

AASTOCKSAug 17 11:02