Once Taikoo Dockyard, Taikoo Shing was developed into a private residential estate by Swire properties. Taikoo Shing was completed in stages, with constructions of all main residential buildings complete by the early 1990s. There are a total of 12,698 apartment flats with various sizes and layouts catering for individuals and families of wide range of needs and different composition. Besides the residential properties, there are commercial elements which include office towers Cityplaza 3 & 4. The six storey shopping center with shops, restaurants and a cinema connecting the MTR station is a popular shopping destination for the residents around the area. All phases have indoor car parks, providing parking spaces on monthly lease. There are parking spaces available for visitors on hourly rate in the car parks at Cityplaza.

Within walking distance to Taikoo Place, a major commercial hub which housed many multinational corporations, Taikoo Shing is one of the preferred choices for business executives working in these companies. Being on the MTR line makes commute to all major business districts