Sun Hung Kai Properties (SHKP) continues to shape Hong Kong’s urban evolution through scale, quality and a long-term commitment to integrated living. Its developments combine residential, commercial and infrastructure elements that respond to the city’s changing demographics, mobility patterns and sustainability goals. With one of the largest land banks in Hong Kong and a pipeline of mixed-use projects, SHKP remains central to the city’s next phase of growth.
In a challenging operating environment, SHKP delivered HK$42.3 billion in contracted sales – the highest in five years – while recognised property sales rose 5.6% to HK$26.1 billion. Recurring rental income from Hong Kong assets held steady at HK$17.5 billion, supported by stable operating margins of 74%. These figures reflect disciplined execution and resilience amid market softness.
With one of the largest land banks in Hong Kong and a pipeline of mixed-use projects, SHKP remains central to the city’s next phase of growth
Key launches included Cullinan Sky in Kai Tak and Sierra Sea in Sai Sha, alongside the West Kowloon cluster anchored by the International Gateway Centre – a transit-linked hub combining Grade-A offices and retail. SHKP’s 12 million sqft of mall space maintained 95% occupancy, supported by loyalty innovations through The Point.
SHKP’s environmental, social and governance (ESG) leadership is evident in its 150+ green building certifications, Hong Kong’s first privately funded landfill solar farm and a citywide electric vehicle (EV) supercharger network. The International Commerce Centre (ICC) became Asia’s first building to achieve LEED v5.0 Platinum for Existing Buildings, supported by AI-driven energy optimisation and extended reality facility management.
