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.
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.
Upon completion in 2023, it will accommodate full range of psychiatric services in a new hospital campus, with a total GFA of 134,000 square metres, at the existing Kwai Chung Hospital compound.
Cleaning of the terminal building ceiling, as well as the cleaning and maintenance work of the “Spirit of Sha Tin” replica aircraft, for the Airport Authority Hong Kong.
Fitting out of the new Incubation Centre and SME Offices in the Hong Kong Science Park.
It is an anchor government project to build a world-class exhibition centre to promote Chinese aesthetics and culture, expected to be completed in November 2021.
Completed in February 2020, it is a 36 storey residential building that offers 754 residential units.
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 moreSOBC won the 2019 Green Contractor Award (Term Contract) by the Architectural Services Department for its continuous effort in environmental protection at construction sites.
SOBC won the Gold Award of Safety Operational Device in the Innovative Safety Initiative Award 2020 jointly organised by the Hong Kong Construction Association, Development Bureau and Construction Industry Council.
Dress Pink! Over 150 staff from construction sites and offices dressed up in pink to support the charity program by Hong Kong Cancer Fund.
Integrity is an integral part of Shui On’s core values. We organised workshops regularly, and invited ICAC officers to share anti-corruption measures.
To support the industry in fighting COVID-19, SOCAM donated HK$500,000 to the “Construction Industry Caring Campaign”. A series of hygiene measures have also been implemented at construction sites.
The Group acquired the entire interest of Tianjin Veneto.
To better prepare for PR crises, SOCAM organised a crisis management workshop to share with our staff up-to-date practices.
SOBC’s minor works term contract for the CLP Group garnered the Gold Award in Minor Renovation and Maintenance Works by the Labour Department.
The Annual General Meeting was held to foster direct communication between the Board and our shareholders.
Hong Kong Children’s Hospital, a joint venture design and build project between SOCAM and China State Construction, achieved the Final Platinum rating under BEAM Plus New Buildings V1.2.
Announcement of 2019 annual results
Annual General Meeting
Announcement of 2020 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.