Adrian To, Director, Residential, Swire Properties, shared that the Company has been developing a number of new residential projects, underpinned by its HKD100 billion investment plan. He commented that although the city is now in the upward interest rate cycle, which brings short-term impact to the residential market, demand for quality housing developments will remain strong in the long run. To noted that the market will be stimulated, if the border is fully reopened.

In an exclusive interview with Sing Tao Daily, To revealed that the MTR Wong Chuk Hang Station project will likely be launched for pre-sale by the end of 2022 at the earliest. The EIGHT STAR STREET development in Wan Chai has been well received since its launch and the Company is now planning to put the special units up for sale. To also shared that foundation works for the Chai Wan project, which the Company has an 80% interest in, have begun with the expected completion in 2025. This project will comprise three residential towers with a well-equipped clubhouse, offering a wide variety of floorplans, ranging from one- to four-bedroom units. He also shared that the Company is actively planning for the development at Queen's Road East 269.

In terms of overseas developments, To shared that the Company has a pipeline of projects in Jakarta in Indonesia and Ho Chi Minh City in Vietnam, following the complete sale of EDEN in Singapore.