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.
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.
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.
Fitting out to ceiling, wall and floor, including built-in joinery works at 4/F to 6/F office and lift lobby of Hang Seng Bank Head Office.
Fitting out works and associated MEP installation works for the Business Centre at 2/F of 17W (SPX1) in Hong Kong Science Park.
The contract from ASD for the design and build project which provides 1,184 flats was completed in May 2021.
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.
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 100,200 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. Most 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 moreAccelerating construction to 13 months with MiC technology, SOBC will complete its first transitional housing construction on 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.
Supported The Hong Kong University of Science and Technology to nurture the next-generation of innovators and technologists with the Shui On Innovation Fund.
Joined hands with Architectural Services Department and Construction Industry Council to demonstrate our MiC and safety innovations application.
In February, the Group completed the installation of the 1,764th units of freestanding integrated modules at Kwu Tung North Multi-welfare Services Complex construction project.
SOCAM was awarded the 15 Years Plus Caring Company Logo from The Hong Kong Council of Social Services.
SOCAM and viAact signed MOU to jointly develop innovative construction technologies in safeguarding the site safety and promoting Construction 2.0.
Shui On Building Contractors and Shui On Construction earned 6 awards, including the Proactive Safety Contractor Award in the “HKCA Construction Safety Awards 2020”.
Shui On Building Contractors won several awards at the Quality Public Housing Construction and Maintenance Awards 2021 under the outstanding contractor (maintenance improvement project) category .
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.