|
Further
diversification into property development business via successful acquisitions
of land and properties for re-development
With the rebound of the
Hong Kong property market, the Group actively expanded its land bank in
Hong Kong via strategic acquisitions. Currently, the Group owned a land
bank in Hong Kong with gross floor area of approximately 124,200 square
feet for the development of low density residential and commercial areas.
The new concentration on high
quality and well-located developments as well as differentiation from
other developments will enhance the Group's reputation.
Portfolio
of land and properties
| Property Name |
Location |
Approximate Site Area (sq ft) |
Estimated Approximate Gross Floor Area (sq
ft) |
Development Plan |
Anticipated Completion |
| Shatin Heights Road |
Lot No.1476 in DD 189 |
49,100
|
32,800
|
Low density residential area with 11 luxury
houses |
2007 |
| Fairview Park Boulevard |
Lot No. 4781 in D.D. No.104
Lot No. 3254 RP in D.D. 104
Lot No. 3265 S.A RP in D.D. 104
Lot No. 3251 S.B RP
Lot No. 3257 RP
Lot No. 3258 S.B SS.1
Lot No. 3641 S.A
Lot No. 3258 S.B RP
Lot No. 3641 RP all in D.D. 104
|
154,800
|
49,000
|
Low density residential and commercial area
with 16 luxury houses, 6 shops and club house |
Early 2007 |
| Ho Chung |
Various lots in D.D. 210 and D.D. 244 Sai Kung, New
Territories |
40,000
|
20,500
|
Low density residential development |
Early 2009 |
| |
|
243,900
|
102,300
|
|
|
|
