• Our Business
  • Property and Property Management

  • SOCAM is the first mover in the special situation property market in Mainland China.

Our Business

SOCAM is the first mover in the special situation market segment and our accumulated experience and expertise are well-recognised in the industry.

Since 2006, SOCAM has focused primarily on the acquisition and development of medium-to-large-scale properties in special situation in Mainland China. These partially completed projects are located in prime locations of major and secondary cities in China with shorter development cycles. Once acquired, they will be upgraded and, upon completion, will either be sold or leased. This business allows us to achieve quick asset turnover. So far, we have turned around 22 well-diversified portfolios of property assets comprising top-grade commercial, retail, and residential projects, many of which have been completed and disposed of.

ASSET ENHANCEMENT

Following the announcement of our strategic monetisation plan in March 2013, our existing property portfolio primarily comprises six projects in Chengdu, Chongqing, Guangzhou, Nanjing, Tianjin and Shenyang. Backed by our wholly-owned investment management arm, SOCAM Asset Management Limited (SAM), we are taking proactive steps to enhance asset values, including calibrating the design and tenant mix of our four retail properties to raise customer traffic and increase rentals.

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CURRENT PROJECTS
  •
    Chengdu
    Chengdu Centropolitan

    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.

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  • Shenyang
    Shenyang Project Phase I

    Completed 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.

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  • Tianjin
    Veneto

    A 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.

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  • Chongqing
    Creative Concepts Center

    Located 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.

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  • Nanjing
    Scenic Villa

    Located 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.

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  • Chengdu
    Central Point International Plaza

    A 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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  • Guangzhou
    Parc Oasis

    A residential development located in the well-established Tianhe North in Guangzhou. Four residentail and serviced apartment towers have been sold out, with remaining carparks for leasing.

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COMPLETED AND DISPOSED PROJECTS
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