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Property Development - Hong Kong

“The Grand View Garden” on Hammer Hill Road, was the first Private Sector Participation Scheme (PSPS) project undertaken by Chun Wo in 1997.  Thereafter, the Group further extended the property development business including the development of “No.8 Clear Water Bay Road” in Kowloon East, and “Grandeur Terrance” in Tin Shui Wai, one of the largest Private Sector Participation Scheme projects in Hong Kong during the period.

 

With the Group’s considerable resources in the construction sector and extensive technical expertise, we adopted a “One-Stop Project Development Strategy” resulting in a effective control on both development programme and cost.  In the period of 2013 to 2014, we had successfully acquired via government land tender 3 plots of sites with joint venture partners which are located at Area 56A, Kau To, Sha Tin; Tseng Choi Street, Area 4, Tuen Mun and Yiu Sha Road, Whitehead, Ma On Shan respectively.  This managed to set a new milestone for the Group in the property development business in Hong Kong.

 

Looking forward, we will continuously explore potential developments in Hong Kong via a joint venture model.