When you walk through the streets of Hong Kong, it’s hard to miss the signature blue and white branding that signifies a new Wheelock development. Most people think they know exactly what they’re getting with Wheelock Properties Hong Kong residential projects: sleek glass, a "clubhouse" that feels like a boutique hotel, and a price tag that makes your eyes water.
But honestly? There is a lot more going on beneath the surface of their 2025 and 2026 pipeline than just "luxury living."
People keep saying the Hong Kong market is "dead" or "cooling," yet Ricky Wong Kwong-yiu, the Vice Chairman and Managing Director of Wheelock Properties, just dropped some pretty heavy numbers. In 2025, the group cleared over HK$26.5 billion in sales. That’s a four-year high. They sold more than 2,300 units while everyone else was busy complaining about interest rates.
If you're looking at where the big money is moving in 2026, you've gotta look at the specific clusters they're dominating.
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The Kai Tak Dominance: More Than Just Runway Views
Kai Tak is basically Wheelock-land at this point. While other developers were hesitating, Wheelock doubled down on the former airport site. You’ve likely heard of the "Park Peninsula" branding they’ve been pushing.
It’s not just one building; it's an ecosystem.
Take Double Coast I, for instance. They launched this with partners like Henderson Land and China Overseas, and it’s a beast. We’re talking about a clubhouse—Club Sydney—that spans 79,000 square feet. To put that in perspective, that’s bigger than many suburban shopping malls.
Why the "Seasons" Series Actually Matters
The O’East series in Lohas Park has been their bread and butter. You have SEASONS PLACE, PARK SEASONS, and the recent "grand finale," GRAND SEASONS.
Most buyers in Tseung Kwan O think these are just standard MTR-top developments. Kinda. But the secret sauce for Wheelock here was timing. They managed to sell out SEASONS PLACE right when the market was most skeptical.
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- SEASONS PLACE (Phase XIIA): Completed around October 2025.
- PARK SEASONS (Phase XIIB): The middle child, often overlooked but solid.
- GRAND SEASONS (Phase XIIC): The "Urban Retreat" finale with an estimated material date of December 31, 2025.
If you’re hunting for a deal, you’ve probably noticed that prices in Lohas Park have been swinging wildly. In July 2025, Grand Seasons was averaging around HK$15,452 per square foot. Interestingly, that was actually higher than some of the Sino Land projects nearby like Villa Garda II. Wheelock is betting that people will pay a premium for that specific "Urban Retreat" branding they’ve spent years building.
What’s Coming in 2026: The New Power Plays
If you missed the boat on Lohas Park, the 2026 calendar is looking packed. Wheelock plans to launch five major projects involving over 1,000 units.
The crown jewel? Phase 6 of The Southside in Wong Chuk Hang.
This is a railway property development, which in Hong Kong is basically the equivalent of a "blue-chip" stock. It’s split into two phases with 617 units. They’re expected to name it and start sales this quarter (Q1 2026). Expect one- to four-bedroom layouts. If you want a slice of the Island South lifestyle without the 77 Peak Road price tag, this is where the action is.
The Luxury Shift: Central and The Peak
Wheelock isn't just playing the volume game in Kai Tak and Wong Chuk Hang. They’re going back to their roots in Central.
55 Staunton Street is a boutique project with about 100 flats. It’s for the crowd that wants to live near Soho but wants a modern building with decent plumbing—a rare find in that neighborhood.
Then there’s the ultra-wealthy tier:
- 1 Plantation Road (Phase 3): Six houses on The Peak. These are the "if you have to ask the price, you can't afford it" type of homes.
- 8 Lung Ting Lane: A Kowloon Tong project with just 15 units.
- Kwu Tung Phase 1: Moving up to the Northern Metropolis, they’ve got 457 units coming mid-2026.
The ESG "Green" Label: Marketing or Meaningful?
Wheelock has been shouting from the rooftops about their BEAM Plus Gold ratings. Honestly, 100% of their new developments over the last nine years have hit at least Gold.
But does a green roof actually save you money as a resident?
Maybe not directly on your monthly bill, but it’s affecting the financing. About 78% of their corporate loan portfolio is now "sustainability-linked." This means they get cheaper money from banks to build these things. In a high-interest-rate environment, that’s a massive competitive advantage. It’s why they can afford to build 40,000-square-foot clubhouses like the one at MONTARA while other developers are scaling back.
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They even did something pretty cool with Lok Sin Village in Tai Po—the first transitional housing project to reuse and recycle Modular Integrated Construction (MiC) components. It’s a bit of a departure from their usual luxury focus, but it shows they're trying to play nice with the government's housing goals.
The Truth About KOKO HILLS
If you've been looking at the Lam Tin area, you’ve definitely seen KOKO HILLS.
It’s basically a hillside fortress. Phase 1 (KOKO HILLS) was the pioneer, followed by KOKO RESERVE, KOKO ROSSO, and KOKO MARE.
A lot of people got confused by the pricing here. They launched KOKO ROSSO in early 2023 with "market-bottom" prices that shocked everyone. It was a tactical move. By the time they got to KOKO MARE, the final phase, they had already built the community. If you look at the recent secondary market transactions in Phase 1, the prices are holding surprisingly steady around the HK$18,000–$25,000 per square foot range, depending on the view.
Actionable Insights for 2026 Buyers
If you are seriously considering one of the Wheelock Properties Hong Kong residential projects, don't just look at the shiny brochures.
- Watch the Wong Chuk Hang Launch: Phase 6 of The Southside will set the tone for the Island South market in 2026. If the first batch is priced aggressively, it might trigger a wave of buying that lifts the whole district.
- Check the "Material Date" Closely: For projects like Grand Seasons, the "estimated material date" is just that—estimated. In Hong Kong, developers often get extensions. If you’re renting and need to move by a specific date, give yourself a three-to-six-month buffer.
- The Northern Metropolis Factor: The Kwu Tung project launching mid-2026 is their big test in the north. If you believe in the "Dual Metropolis" vision, this might be a cheaper entry point than their Kowloon or Island projects.
- Clubhouse Maintenance: Remember that a 79,000-square-foot clubhouse (like at Double Coast) isn't free. Your management fees will reflect that. Always ask for the estimated management fee per square foot before signing the preliminary agreement.
The market in 2026 isn't the "buy anything and it goes up" market of 2017. It's a stock-picker’s market. Wheelock’s strategy of building massive clusters—whether in Kai Tak, Lohas Park, or Lam Tin—gives them a level of control over the neighborhood's vibe that single-block developers just don't have.
If you're moving forward, the next logical step is to head to the Tsim Sha Tsui sales office (usually in Gateway or Ocean Centre) to see the actual scale models of the Wong Chuk Hang Phase 6 project. Seeing the physical relationship between the towers and the MTR station usually clears up more questions than any digital render ever could.