Through the joint venture with a wholly-owned subsidiary of Sino Land Company Limited (stock code: 83), the Group participated in this project tendered by the Urban Renewal Authority in December 2017. The site is well located in the heart of the Mongkok district, neighbouring Langham Place. It covers a site area of approximately 14,900 sq. ft.. The project will provide residential GFA of about 112,200 sq. ft. and commercial GFA of about 22,400 sq. ft. and, upon completion, the commercial portion will be retained by the Urban Renewal Authority.