(16 February 2026) Kerry Properties Limited (HKEx: 683) is pleased to announce that it has successfully won the tender for the non-industrial site at Shau Kei Wan Main Street East for approximately HK$1.384 billion.
The site covers an area of approximately 14,523 square feet and is expected to provide a total gross residential floor area of over 130,000 square feet, yielding around 300 residential units upon completion.
Located in the heart of the well-developed Shau Kei Wan neighbourhood on Hong Kong Island, the site enjoys a prime location with excellent transport connectivity. It is adjacent to Shau Kei Wan MTR Station and the tram terminus, and is served by numerous bus and minibus routes, all within a one- to two-minute walk. The surrounding Main Street East area is a thriving, established community offering a wide array of dining and retail options, along with convenient everyday amenities.
Mr. Calvin Tong, Director and General Manager, Hong Kong of Kerry Properties (H.K.) Limited, stated, “We are delighted that Kerry Properties has successfully secured the site at Shau Kei Wan Main Street East. Strategically located in the core of Island East, the site benefits from superior transport connectivity, comprehensive lifestyle facilities, and the limited supply of new residential developments in the area.
Leveraging the Group’s proven track record in premium residential developments, we will deliver a high-quality project with a strong focus on sustainable development and integration with the local community, bringing new vibrancy to Shau Kei Wan and reinforcing the Group’s presence in Hong Kong.”