2017E — Page 2

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TUEN MUN TOWN LOT NO. 547

The Group's 50%/50% joint venture project acquired a land by public tender in August 2016, Tuen Mun Town Lot No. 547 located at Castle Peak Road, Castle Peak Bay, Area 48, Tuen Mun, New Territories for private residential purposes. The land is of a site area of 165,766 square feet. It faces Gold Coast at the front and Harrow International School Hong Kong at the back.

The project under construction consists of six residential towers providing about 1,663 units with sea view or landscape view. The gross floor area of the project is about 663,000 square feet which is expected to be completed in early 2022.

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