China Resources Land (Overseas) Prices 85 Units at Phase II of South West Kowloon Project

China Resources Land (Overseas) on 15 September 2026 released the first price list for Phase II of its large integrated commercial and residential project in South West Kowloon, offering 85 units in the first batch at a discounted average of RMB 18,680 per square foot, 4.5% higher than the discounted average on Phase I's first price list. The units have saleable areas of 307 to 730 square feet and comprise 21 one-bedroom, 38 two-bedroom and 26 three-bedroom homes. Discounted prices range from RMB 5.426 million to RMB 14.139 million, or RMB 16,930 to RMB 20,011 per square foot.

Phase I released its first price list in August 2026 at a discounted average of RMB 17,880 per square foot. Shi Weixian, managing director of China Resources Land (Overseas), said that after accounting for floor level and views, Phase II's first price list represents an actual increase of about 2% over Phase I and a 5% discount to Phase I's final price list.

Phase II will open its show flat to the public and begin collecting expressions of interest on 16 September 2026, with sales arrangements to be announced shortly and a first-round sale possible as early as next week. The show flat is modelled on Unit E on the 28th floor of Tower 5B, which has a saleable area of 306 square feet and a one-bedroom layout.

Phase II comprises Towers 5A and 5B of the development and offers a total of 407 units with saleable areas of 269 to 730 square feet, including 105 one-bedroom, 140 two-bedroom and 140 three-bedroom units as well as 22 special units.