In 2019, the Chuang’s China Group acquired the property interests in Ap Lei Chau at a consideration of about HK$455.0 million. The property has a site area of about 4,320 sq. ft. and has a developable GFA of about 40,000 sq. ft.. General building plans of the project have been approved to develop a 27-storey residential/commercial building with clubhouse facilities and retail units at the podium levels.

The Chuang’s China Group has obtained vacant possession of the whole property during the period. Hoarding and demolition works have been commenced, and are expected to be completed within the financial year ending 31 March 2021. Foundation work will be followed promptly.