Real estate development and investment Real estate development and investment is the core business of HKRI across Asia, including Hong Kong, Mainland China, Thailand and Japan. At present, there are over 8,000 households with a total population of about 20,000.
Hong Kong Covering a site area of 650 hectares (6,500,000 square metres),
Discovery Bay has undergone continuous development. Facilities in the community include a golf course, a marina, a manmade beach, two clubhouses, two shopping centres, education options ranging from kindergarten to secondary schools, and a developed transportation system (including high-speed ferry and bus services and a privately built vehicle tunnel). La Cresta in Kau To,
Shatin; 2GETHER in Wu On Street,
Tuen Mun;
Coastal Skyline in Tung Chung; and
Discovery Park in Tsuen Wan. Over the years, a total GFA of more than 1.4 million square metres has been developed. HKRI acquired a residential building Wellgan Villa in Kowloon Tong in 2019. For commercial properties, HKRI holds
CDW Building in
Tsuen Wan which includes a commercial building and a shopping centre named 8½. Other commercial properties are:
DB Plaza and
DBN Plaza in Discovery Bay, as well as West Gate Tower in
Cheung Sha Wan, and United Daily News Centre in
To Kwa Wan.
Mainland China The development projects of HKRI located in
Shanghai,
Zhejiang and
Tianjin. In Shanghai, HKRI has partnered with
Swire Properties to develop a project called
HKRI Taikoo Hui. With a
GFA of approximately 320,000 square metres, HKRI Taikoo Hui is a mixed-use complex comprising a retail centre, two Grade-A office towers, two hotels, one serviced apartment building, a number of event venues and the “
Cha House”, a revitalized historic building.
HKRI Taikoo Hui locates in
Jing’an district in Shanghai. Key anchor tenants include the first international
Starbucks Reserve Roastery and Tasting Room in Asia and the largest
CitySuper supermarket in mainland China. There are over 40 dining outlets, offering various types of cuisine, including Shanghai Club, the premium brand under Jardin de Jade, and Paris Blanc, a grill house managed by Paris Group. HKRI has other residential projects in
Zhejiang Province and
Shanghai. City One in
Jiaxing provides about 600 units, while the adjacent Riviera One, is composed of low- and high-rise apartment units. There are 3 other projects in Jiaxing, namely Mansion One, Creekside One and Starlight One. Other projects include Oasis One and In One in
Hangzhou, Zhejiang, and Elite House, located in
Changning District, Shanghai. HKRI also acquired a piece of land in
Shanghai in November 2021 for a low-density residential project. The Exchange is HKRI's investment property in
Tianjin. It has a total GFA of over 152,000 square metres, and comprises two Grade-A office towers, a service apartment tower, and a retail mall named Heping Joy City – Tianjin.
Thailand The Sukhothai Residences is located in Bangkok's
CBD and provides 196 units. On top of The Sukhothai Residences, HKRI acquired a piece of freehold land on
Witthayu Road in 2010. In December 2015, it further acquired 10 plots of land at Rama 3 Road by the
Chaophraya River. HKRI acquired another three plots of land located at Ramintra Road, Khannayao District, Bangkok, in February 2018.
Japan HKRI holds a plot as land bank with a site area of approximately 60,700 square metres in
Niseko,
Hokkaido, in the vicinity of
Niseko Annupuri ski village.
Hospitality Hong Kong In Hong Kong, Auberge Discovery Bay Hong Kong opened in 2013. The hotel provides 325 guest rooms. Discovery Bay Recreation Club & Club Siena Discovery Bay Golf Club Lantau Yacht Club (LYC) is one of the four membership clubs in Discovery Bay, and the first new marina to open in Hong Kong in more than a decade. The new marina is open in 2020 and is accredited as a 5 Gold Anchor Marina by the Marina Industries Association. Discovery Bay Ice Rink was opened in May 2021.
Thailand In Thailand,
The Sukhothai Bangkok is located in the heart of city and is a member of the
Design Hotels. It has 210 guest rooms and suites, 7 restaurants and 11 function rooms.
Shanghai In Shanghai,
The Sukhothai Shanghai is HKRI's third hotel and was open in April 2018. == References ==