In Shanghai's Lujiazui area, the third batch of sales of The Peninsula Residences has sold 79 units, achieving a total sales revenue of 3.6 billion yuan.
On September 17th, Swire Properties announced that the first residential project "Lujiazui Taikoo Source Residence" jointly built with Lujiazui Group in mainland China sold 79 out of the 83 units released on the first day, achieving a sales revenue of 3.6 billion RMB. Since the project opened for sale ten months ago, the total sales revenue has exceeded 9.6 billion RMB, accounting for 97.3% of the total units released. The units in this batch are located in two tower buildings by the river, with sizes ranging from 240 square meters to 180 square meters in addition to the 388 square meter units. The average selling price for this batch is around 176,000 RMB per square meter. The project is scheduled to release new units in batches in the fourth quarter of 2025. "Lujiazui Taikoo Source Residence" is part of the Lujiazui Taikoo Source integrated development project, with a planned total construction area of approximately 390,000 square meters. Apart from the residential project, the rest of the Lujiazui Taikoo Source integrated complex is planned to open in stages starting from 2027, with Swire Properties holding a 40% stake in the project.
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