Swire Properties has won a tender for a residential site at 269 Queen’s Road East (Inland Lot No. 9061). The Wan Chai lot was one of only a few residential sites on Hong Kong Island included in the Government’s land sale programme this year; the parcel of land is approximately 13,200 square feet in area (1,227 square metres) and will generate a gross floor area of approximately 116,200 square feet. The acquisition is part of Swire Properties’ HK$100 billion investment plan for the next decade, with 20% earmarked for new residential trading opportunities in Hong Kong, the Chinese Mainland, and Southeast Asia.
