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.
The Complex will provide research & teaching laboratories, offices, lecture theatres, classrooms, and supporting amenities upon its completion in August 2027.
Pat Davie completed the interior fitting out project at the Londoner's foodhall in 2024, showcasing a stylish style with contemporary ambienece.
A Design and Construction project of reprovisioning of Kong Wan Fire Station is expected to complete in 2026.
In line with the vision of smart city development, the vehicle park is the first of its kind in Hong Kong, which will consist of 170 parking spaces with automated parking system and 30 conventional parking spaces when completed.
The redevelopment of Western Police Married Quarters shall provide 540 units upon completion in 2027.
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.
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.
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Mr. Freddy Lee, CEO of SOCAM, was invited by Construction Industry Council to share the Group's solid experience in fostering safety culture at the "Master Class in Safety Leadership Culture", aiming to remind workers to prioritize safety at work.
In this year's Health, Safety and Environmental workshop, representatives across various business units shared different smart solutions in creating a safer and greener living and working environment.
To nurture future young leaders, SOCAM lined up students from various local universities participating in a business competition. The Group specially invited judges with different areas of expertise, including the former CEO of Banco Comercial de Macau, to share the invaluable knowledge and perspectives, enriching the students’ learning experience.
Carnot Innovations, a subsidiary of SOCAM, made its debut exhibition at CES 2025 held in Las Vegas, USA, showcasing its innovations and achievements at this renowned international technology event.
The reprovisioned Chung Ying Street Checkpoint in Sha Tau Kok was completed, and its opening ceremony was officiated by The Secretary for Security, Mr. Tang Ping Keung, and other key government officials on Dec 23.
The construction commencement ceremony of the Teaching–Research Complex for The Chinese University of Hong Kong was held on Aug 29, with SOCAM and representatives of The Chinese University of Hong Kong and architects as officiating guests.
SOCAM has been awarded the tender for the Security Access Management System for the New Extension Projects of MTR Corporation Limited.
SOCAM received the Smart Site Safety System Labels for four of our construction sites, awarded by the Development Bureau and the Construction Industry Council.
SOCAM became a signatory of the Good Employer Charter for another year.
SOCAM and HKUST collaborate in BIPV X MiC smart construction R&D project, to build a low carbon smart city.
Announcement of 2024 annual results
Annual General Meeting
Announcement of 2025 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.