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 moreSOBC received a number of prizes at the 29th Considerate Contractors Site Award Scheme Presentation Ceremony.
The Hong Kong Construction Association held the first Lo Pan Festival in July this year. SOCAM was invited to attend the launch ceremony of the "Luban Festival" and witnessed the kick-off ceremony with the Secretary for Housing and industry members.
SOCAM received “Top 10 Contractors Award” at the BCI Asia Awards for the 2nd consecutive year. BCI Asia Award is one of the most influential recognitions in building industry, aiming to commend outstanding contactor’s contributions to the industry.
SOCAM held HSE Target Seminar cum workshop on 16 Jun, to advocate a safety culture, and share our journey to building a safer and greener community. Government officials and long-term partners attended to deliver keynote speeches on health and safety, share best practices and exchange dialogues.
SOCAM Director of Corporate Development, Adrian Lo, was invited to attend Undivided Ventures “Building Impact” Event, to exchange views on creating transformative sustainability impact in the built environment.
In line with the "Guidance Notes on Prevention of Heat Stroke at Work" launched by the Government, SOCAM had prepared heatstroke prevention equipment for staff working outdoors to reduce the risk of heat stroke.
SOBC won the Renovation & Maintenance Works (Gold, Merit) and Outstanding Performance in Work-at-height Safety Award at the Construction Industry Safety Award 2022/2023.
SOCAM has signed an MOU with the Global Institute for Human Rights and Development (GIHRD) to work on youth career planning, helping the younger generation to achieve their full potential. This collaboration is a significant step towards fulfilling SOCAM's sustainability objective. We're thrilled to be teaming up with GIHRD to support our youth and create a better tomorrow for all.
SOBC and SOC received the 2022 Environmental Merit Award from the HK Construction Association.
To protect the environment and natural habitats, SOCAM fully supported “Earth Hour 2023” organsied by WWF-Hong Kong. To do so, our HK Headquarters and 4 mainland malls’ non-essential lights were switched off for an hour on 25 Mar at 8:30pm.
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.