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Sun Hung Kai Properties
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Sun Hung Kai Properties

Sun Hung Kai Properties
Sun Hung Kai Properties
Sun Hung Kai Properties is one of Hong Kong's largest property groups. The company is owned and controlled by the Kwok family, Hong Kong's richest family. It focuses on developing premium residential estates, offices, shopping malls, hotels and service flats in Hong Kong and in mainland China.
Chairman / President
Raymond Kwok
CEO / Managing Director
Adam Kwok
CFO / Finance Director
Richard Wong
Industry
Real estate
Website
shkp.com
Headquarters address
Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong, SAR
Stock Code
SEHK:0016
Year founded
1963
A portrait of Tung Chee-hwa is displayed in the funeral hall. Photo: Kit Lai
Wreaths from Tung Chee-hwa’s widow, Betty, and their three children are placed in front of the altar. Photo: Handout
Chief Executive John Lee (left) leaves the funeral parlour. Photo: Kit Lai
Former chief executive Leung Chun-ying (centre) arrives at the funeral hall. Photo: Kit Lai
Former leaders Carrie Lam (left) and Donald Tsang (right) also attended. Photo: Kit Lai
Tung Chee-hwa

Hong Kong’s political, business elite pay final respects to Tung Chee-hwa

Beijing leaders send wreaths ahead of former chief executive’s state funeral as residents stream into community centres to sign condolence books.

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Hong Kong property

SHKP posts 4.6% profit rise amid Hong Kong’s property recovery

Hong Kong property

SHKP clinches rare MTR station-top megaproject in Hong Kong’s Tuen Mun

Wealth management

Hang Seng Bank grows wealth network despite Beijing’s tighter capital scrutiny

Hong Kong lender says it is expanding its workforce to capture rising demand from high-net-worth clients.

Pedestrians walk past a Hang Seng Bank branch in the Central district of Hong Kong. Photo: Jelly Tse
Hong Kong property

Hong Kong first-half home sales to boost developers’ earnings

Despite the brighter residential market outlook, commercial real estate continues to be weighed down by a lack of demand in non-core areas.

China property

Guangdong’s property market has transformed. How can Hong Kong developers adapt?

Hong Kong developers are rethinking their strategies for projects in the Greater Bay Area, as the mainland’s property crisis has changed everything.

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Hong Kong property

Investors ‘bulk buying’ flats remains key in Hong Kong amid hot rental market

A record 654 buyers snapped up two or more new properties in the first half of the year, as investors look to cash in on Hong Kong’s rental market.

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Hong Kong’s rental market is attracting growing investor interest, with more buyers snapping up multiple flats. Photo: SCMP/Eugene Lee
China’s private sector

Fifa effect: Hong Kong developers bet on sport fever to keep shoppers spending

Neighbourhood malls to host year-round events encouraging consumers to open their wallets after World Cup mania delivers double-digit gains.

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Hong Kong property

Hong Kong homebuyers snap up 138 Garden Regency flats in New Territories

Top developer clears all units in weekend launch after offering a maximum 16 per cent discount.

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Hong Kong property

Hong Kong developers ready new home sales amid muted price increases

SHKP released the price list for 120 units at its Garden Regency project in Kam Tin North in the New Territories on Tuesday.

The launches come amid an anticipated cooling in home prices in the city, following a 7.4 per cent increase so far this year. Photo: Sam Tsang
Hong Kong economy

Why did only 2 city firms put up their hands for Northern Metropolis project?

New land disposal model pairing developers and industrial operators demands longer paybacks, with implications for smaller firms, experts say.

Illustration: Mario Cameira
Hong Kong property

Ignore the hype: Hong Kong’s property rally is cooling despite run of megadeals

The recent rally in residential property is likely to lose steam in the second half of 2026, as a weak stock market weighs on investor sentiment.

China’s private sector

Why Hong Kong’s major developers stayed out of Northern Metropolis’ tender

Limited bids suggest government’s new land-sale model asks developers to do more than build homes, testing a role outside their expertise.

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Hong Kong property

Northern Metropolis: a new era for development or a tough sell?

Henderson Land the sole stand-alone bidder as Sino Land joins JD.com and mainland developers in a consortium for the Hung Shui Kiu project.

An aerial view of Hung Shui Kiu new development area of Hong Kong’s Northern Metropolis on March 26. Photo: Elson Li
Hong Kong property

Hong Kong developers rediscover pricing power amid firmer demand

Developers ‘no longer relying on discounted pricing to drive sales’, with popular projects recording double-digit increases, JLL says.

The latest prices at Sino Land’s La Mirabelle project in Tseung Kwan O, pictured on April 19, were about 10 per cent higher than nearby projects in January 2025. Photo: Jelly Tse
Hong Kong environmental issues

Solar, so good: Hong Kong’s new landfill-based plant can power 360 homes

Jointly developed by Veolia, SHKP and Citic Pacific, facility features about 1,850 solar panels spanning 140,000 square feet.

Hong Kong property

Hong Kong home prices reach 30-month high, while rents set another record

Analysts expect home prices in both primary, secondary markets to continue increasing this year as the city’s real estate recovers.

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Banking & finance

SHKP sells out latest flats in Tsuen Wan as Hong Kong market continues recovery

Centaline attributes the positive mood to improving China-US relations, solid economic data and policies that encourage talent inflow.

Sun Hung Kai Properties sold all 87 units on offer at the Lime Spark project in Tsuen Wan on Saturday. Photo: Eugene Lee
Hong Kong property

‘Aggressive pricing’: Able Engineering tops titans’ bids in Hong Kong land sale

Able Engineering outperforms analyst forecasts to secure a residential parcel that can fit nearly 1,000 units, and the win is seen reflecting rising confidence in the sector.

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Hong Kong property

Buyers flock to SHKP project in New Territories as home market outlook brightens

SHKP generated more than HK$1 billion after the sale of the 154 flats at Lime Spark last week.

Hong Kong property

6 bids for Hong Kong land sale signal renewed confidence despite market caution

Tung Chung site draws bids from major developers SHKP, Kerry and Sino Land, reflecting cautious optimism for the residential property market.

A general view of Tung Chung. Photo: Felix Wong
Hong Kong property

Is Hong Kong’s cultural hub of West Kowloon emerging as ‘Central 2.0’?

SHKP to benefit as tenants including UBS, JPMorgan Chase and Banco Santander set to move into new office space near high-speed rail station.

Construction at the Lyric Theatre Complex and Artist Square Towers, West Kowloon Cultural District. Photo: Jelly Tse
Hong Kong property

Hong Kong home market maintains upwards momentum as new flats snapped up

All 154 units at the Lime Spark project sold out as of 4.30pm, while 93 per cent of 158 flats available at Highwood Phase 2 found buyers.

Hong Kong property

Sino Land-led consortium to invest US$1.7 billion in Northern Metropolis project

Sino Land chairman Daryl Ng said the Kam Sheung Road project marks a key step in advancing the Northern Metropolis.

Hong Kong property

Hong Kong’s Northern Metropolis gains momentum as key project attracts 8 bids

The second phase of the Kam Sheung Road station project is estimated at about HK$5.7 billion, according to an analyst’s forecast.

Kam Sheung Road MTR station. The railway operator received eight bids for a key project in the area, which is part of the Northern Metropolis development. Photo: Google Maps
Hong Kong property

From renters to owners: how mainland buyers are reshaping the Hong Kong market

Mainland buyers return in force as a stronger yuan, talent inflows and demand for new homes lift Hong Kong’s property market.

Prospective buyers pore over brochures on the first day of the sale of Cloudview, the new development in Sheung Shui by Wing Tai Properties, on March 14, 2026. Photo: Dickson Lee
Hong Kong property

Hong Kong home sales outlook firm even as La Mirabelle demand ebbs

Developers prioritise sales continuity, keeping pricing close to prevailing secondary market levels to ensure consistent absorption.

Luxury Hotels

On This Day | World’s highest hotel opens in Hong Kong’s West Kowloon in 2011 – SCMP archive

Once the world’s highest hotel, the Ritz-Carlton Hong Kong marks 15 years atop the ICC.

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