Listed on the Hong Kong Stock Exchange in February 1997, SOCAM Development Limited (HKSE Stock Code : 00983) is a member of the Shui On Group, and is principally engaged in construction and property businesses, with operations spanning Hong Kong, Macau and Mainland China.
SOCAM’s corporate culture is based on our commitment to integrity, quality, innovation and excellence. We have been guided by a set of strong corporate governance principles, and are committed to realising our “Shui On . We Care” Spirit across the business footprint in the areas where we operate.
To achieve sufficient profit to provide an attractive return to our shareholders and to finance our growth.
To provide our clients with quality service and products.
To provide an environment whereby our people can excel, develop and grow with the company.
To provide an environment that encourages and rewards merit and team effort.
To cultivate a set of shared beliefs on which all our policies and actions are based.
Construction is the business that accounts for the Shui On Group's origin over 50 years ago. It continues to maintain a leading position in the industry.
Construction of a public housing development at Anderson Road for the HKHA - another project which adopts Modular Integrated Construction (MiC) modules, will offer 1,410 public rental housing units when completed in 2025.
Fitting out works For Hong Kong Palace Museum includes interior ceiling, wall and floor for lower ground floor public area, activities rooms, auditorium and exhibition galleries. Look up to see the timeless glazed tiled ceiling design meant to reproduce the Forbidden City, to dive into an immersive experience towards ancient China.
Built for Architectural Services Department, this institutional building at Cheung Sha Wan will be the headquarters of the Drainage Services Department and the offices of other government departments upon completion in 2025.
The design and build project will fully adopt steel MiC, which will shorten the construction period to 13 months.
This is the first project in which we use the MiC technology, with integration of green building design. Upon completion in 2022, it will provide a total of 1,750 residential care places for the elderly, care and attention home for disabled persons, and day activity centre cum hostel for mentally disabled persons.
The Urban Renewal Authority Central Market Revitalisation project was completed and reopened in Aug 2021. As the Central Market was a Grade 3 Historic Building, it is SOCAM’s first project with full scale BIM application to enhance project management which significantly smoothened the construction process.
SOCAM's property business is mainly focused on Mainland China. We are the first mover in the special situation market segment and our accumulated experience and expertise are well-recognised in the industry.
Officially opened in August 2018, the mall occupies 43,000 sq.m. GFA, and hosts a gym, studio, cinema and children’s education centre, as well as Hema Fresh of the Alibaba Group, designed to meet the day-to-day needs of the local community.
Read moreCompleted in 2013, Shenyang Tiandi, a 62,200 sq.m. shopping mall in the city’s commercial hub, is undergoing an extensive revamp to be a “destination point” for food and beverages and early child education to attract growing middle class.
Read moreA European-style mall with a total GFA of 9,300 sq.m. in a prime location near Tianjin’s Wuqing Station. The substantial revamp of Phase 1 has improved the tenant mix and enhanced the visitor experience. Phase 2 expansion will provide retail and SOHO spaces upon completion.
Read moreLocated in Chongqing’s Central Business District close to the busy Jiefangbei Square, the development was completed in 2013. The shopping mall, with a total GFA of 21,000 sq.m., was revamped in 2018 and repositioned with a greater emphasis on lifestyle elements, including education and health clinic.
Read moreLocated in Nanjing’s Jiangning District, Scenic Villa is a residential development offering distinctive low-rise villas and apartments with balconies in a garden and lakeside setting. All of the villas in Phase 1 and 2 were sold or subscribed.
Read moreA grade-A office building and leasing for the office tower progressed well. Major tenants primarily came from the insurance and finance sectors.
Read moreShui On and CLPe signed a agreement to launch innovative service solutions for energy saving - Hong Kong’ s first Cooling as a Service (CaaS) project to be installed in the Shui On Centre in Wanchai.
Shui On Joint Venture won the ’ Best Building Design Project ’ at the 2022 Autodesk Excellence Award, recognizing our best practices in implementing innovative ideas in building design management. The Award presentation was held at the Autodesk University New Orleans.
SOCAM is honoured to have Ms. Winnie Ho, Secretary for Housing, visiting our construction project at the Anderson Road, and to share how smart construction could bring optimum benefit to the wider community.
Mr. Vincent Lo, Chairman and Founder of the Shui On Group, is selected as the first ULI Life Trustee from China by Urban Land Institute (ULI), recognizing his dedication to the real estate industry and city development in China.
The ground-breaking ceremony of transitional housing at Kam Tin was held on Aug 31, with key government officials and the client as officiating guests.
SOBC won the Gold award in Innovation Awards for Safety and Environmental Excellence at the 28th Considerate Contractors Site Award Scheme.
Head of Safety joined hands with Pacific Extend Limited, the maintenance arm, and Smart Construction department to share innovation design and solutions on construction safety with the students of HKUST.
Accelerating construction to 13 months with MiC technology, SOBC will complete its first transitional housing construction at Kam Tin in 2023, enabling 1,020 units for those in-need.
Celebrating the 34th HSE seminar with over 400 participants, our industry partners shared invaluable safety knowledge and experiences for the betterment of the construction industry.
Mr. Freddy Lee, CEO of SOCAM Development, presented a cheque of HK$500,000 to Construction Charity Fund Integrated Service Centre for its services and support towards construction industry practitioners.
Announcement of 2021 annual results
Annual General Meeting
Announcement of 2022 interim results
Financial year end
We firmly believe our long term success is built on a strong sense of responsibility for our stakeholders and the larger community of which we are an integral part. At the operation level, we continue to seek ways to further minimise the environmental impact across all disciplines. At the corporate level, we join hands with our staff to cultivate a caring culture.