About Shun TakShun Tak Holdings Limited (the "Company") and its subsidiaries (the "Group") is a leading listed conglomerate with core businesses in property, transportation, hospitality and investment sectors. Established in 1972, the Company (HKSE 242) has been listed on the Hong Kong Stock Exchange since 1973.Shun Tak’s Development in SingaporeIn August 2016, the Group completed the acquisition of a 25,741 square feet land parcel at No. 9 Cuscaden Road Singapore, close to the local central business district and arterial tourist belt. This site, the Group’s first foray into the hotel market in Singapore, will be developed into a 5-star luxury hotel of not less than 142 rooms. In keeping with its intended 5-star status, the hotel will include facilities such as a high-end restaurant and bar, rooftop dinning, an outdoor swimming pool, a gym and wellness facilities as well as a multi-functional business centre. Construction is targeted for completion in mid-2021, with planned opening in 2022.In March 2017, the Group acquired a 70% interest in a premium office and retail complex located at 111 Somerset Road. In April 2020, the Group announced to acquire the remaining 30% equity interest to make it wholly owned by the Group. The property is in close proximity to Orchard Road, surrounded by a prime shopping, entertainment and tourism belt with direct MRT access. It comprises a total net strata area of approximately 572,000 square feet of offices, medical suites and a retail podium.In June 2018, the Group has successfully won the bids for two prime freehold redevelopment sites located at 21 Orchard Boulevard and 14 & 14A Nassim Road respectively.14 & 14A Nassim RoadLocated at one of the most coveted addresses in Singapore, Nassim Road is home to some of the most bespoke and exclusive residences in town surrounded by mansions housing Embassies, High Commissions and business leaders. The rare plot spans approximately 66,452 square feet, and has a maximum gross floor area of approximately 93,033 square feet. Set amid a luscious green landscape, it is exclusive yet accessible, as it is only a short stroll away from the main Orchard Road shopping belt. The site is currently earmarked for the development of an ultra-luxurious low-rise residential project.Park House, 21 Orchard BoulevardTraditionally home to some of Singapore’s most deluxe residential developments, the site is close neighbor to leading five-star hotels, commercial landmarks, and the renowned Orchard Road shopping and entertainment belt. It is well served by the public transportation network, with the Orchard MRT Interchange Station and the upcoming Orchard Boulevard MRT Station only a few minutes’ walk away. Moreover, it is a mere 10 minutes’ drive from established business hubs such as Marina Bay Financial District and Raffles Place Central Business District, making it one of the most sought-after residential 2 neighborhoods. With a site area of approximately 46,084 square feet and a maximum gross floor area of approximately 129,000 square feet, it is planned to be redeveloped into a luxury residential condominium.
About Shun TakShun Tak Holdings Limited (the "Company") and its subsidiaries (the "Group") is a leading listed conglomerate with core businesses in property, transportation, hospitality and investment sectors. Established in 1972, the Company (HKSE 242) has been listed on the Hong Kong Stock Exchange since 1973.Shun Tak’s Development in SingaporeIn August 2016, the Group completed the acquisition of a 25,741 square feet land parcel at No. 9 Cuscaden Road Singapore, close to the local central business district and arterial tourist belt. This site, the Group’s first foray into the hotel market in Singapore, will be developed into a 5-star luxury hotel of not less than 142 rooms. In keeping with its intended 5-star status, the hotel will include facilities such as a high-end restaurant and bar, rooftop dinning, an outdoor swimming pool, a gym and wellness facilities as well as a multi-functional business centre. Construction is targeted for completion in mid-2021, with planned opening in 2022.In March 2017, the Group acquired a 70% interest in a premium office and retail complex located at 111 Somerset Road. In April 2020, the Group announced to acquire the remaining 30% equity interest to make it wholly owned by the Group. The property is in close proximity to Orchard Road, surrounded by a prime shopping, entertainment and tourism belt with direct MRT access. It comprises a total net strata area of approximately 572,000 square feet of offices, medical suites and a retail podium.In June 2018, the Group has successfully won the bids for two prime freehold redevelopment sites located at 21 Orchard Boulevard and 14 & 14A Nassim Road respectively.14 & 14A Nassim RoadLocated at one of the most coveted addresses in Singapore, Nassim Road is home to some of the most bespoke and exclusive residences in town surrounded by mansions housing Embassies, High Commissions and business leaders. The rare plot spans approximately 66,452 square feet, and has a maximum gross floor area of approximately 93,033 square feet. Set amid a luscious green landscape, it is exclusive yet accessible, as it is only a short stroll away from the main Orchard Road shopping belt. The site is currently earmarked for the development of an ultra-luxurious low-rise residential project.Park House, 21 Orchard BoulevardTraditionally home to some of Singapore’s most deluxe residential developments, the site is close neighbor to leading five-star hotels, commercial landmarks, and the renowned Orchard Road shopping and entertainment belt. It is well served by the public transportation network, with the Orchard MRT Interchange Station and the upcoming Orchard Boulevard MRT Station only a few minutes’ walk away. Moreover, it is a mere 10 minutes’ drive from established business hubs such as Marina Bay Financial District and Raffles Place Central Business District, making it one of the most sought-after residential 2 neighborhoods. With a site area of approximately 46,084 square feet and a maximum gross floor area of approximately 129,000 square feet, it is planned to be redeveloped into a luxury residential condominium.
About Shun TakShun Tak Holdings Limited (the "Company") and its subsidiaries (the "Group") is a leading listed conglomerate with core businesses in property, transportation, hospitality and investment sectors. Established in 1972, the Company (HKSE 242) has been listed on the Hong Kong Stock Exchange since 1973.Shun Tak’s Development in SingaporeIn August 2016, the Group completed the acquisition of a 25,741 square feet land parcel at No. 9 Cuscaden Road Singapore, close to the local central business district and arterial tourist belt. This site, the Group’s first foray into the hotel market in Singapore, will be developed into a 5-star luxury hotel of not less than 142 rooms. In keeping with its intended 5-star status, the hotel will include facilities such as a high-end restaurant and bar, rooftop dinning, an outdoor swimming pool, a gym and wellness facilities as well as a multi-functional business centre. Construction is targeted for completion in mid-2021, with planned opening in 2022.In March 2017, the Group acquired a 70% interest in a premium office and retail complex located at 111 Somerset Road. In April 2020, the Group announced to acquire the remaining 30% equity interest to make it wholly owned by the Group. The property is in close proximity to Orchard Road, surrounded by a prime shopping, entertainment and tourism belt with direct MRT access. It comprises a total net strata area of approximately 572,000 square feet of offices, medical suites and a retail podium.In June 2018, the Group has successfully won the bids for two prime freehold redevelopment sites located at 21 Orchard Boulevard and 14 & 14A Nassim Road respectively.14 & 14A Nassim RoadLocated at one of the most coveted addresses in Singapore, Nassim Road is home to some of the most bespoke and exclusive residences in town surrounded by mansions housing Embassies, High Commissions and business leaders. The rare plot spans approximately 66,452 square feet, and has a maximum gross floor area of approximately 93,033 square feet. Set amid a luscious green landscape, it is exclusive yet accessible, as it is only a short stroll away from the main Orchard Road shopping belt. The site is currently earmarked for the development of an ultra-luxurious low-rise residential project.Park House, 21 Orchard BoulevardTraditionally home to some of Singapore’s most deluxe residential developments, the site is close neighbor to leading five-star hotels, commercial landmarks, and the renowned Orchard Road shopping and entertainment belt. It is well served by the public transportation network, with the Orchard MRT Interchange Station and the upcoming Orchard Boulevard MRT Station only a few minutes’ walk away. Moreover, it is a mere 10 minutes’ drive from established business hubs such as Marina Bay Financial District and Raffles Place Central Business District, making it one of the most sought-after residential 2 neighborhoods. With a site area of approximately 46,084 square feet and a maximum gross floor area of approximately 129,000 square feet, it is planned to be redeveloped into a luxury residential condominium.