SHKP Quarterly

The Millennity, the office portion of the Group’s How Ming Street Project in Kowloon East, is completed 集團位於九龍東巧明街項目的寫字樓部分「 The Millennity 」已落成 The office-cum-retail joint-venture development at 98 How Ming Street (How Ming Street Project) in Kowloon East is owned by the Group and Transport International Holdings Limited (TIH). The Group owns an effective interest of 70.6% in the project. Located close to the Kwun Tong and Ngau Tau Kok MTR stations, the commercial landmark development comprises Grade-A offices in two 20-storey towers of 650,000 square feet, namely The Millennity, and a podium mall of 500,000 square feet. The Millennity was completed with some tenants moving in recently while the shopping mall is slated to open in 2024. The Group is committed to realizing its vision of developing a modern landmark area with top-notch office buildings, green facilities and multi-purpose event spaces, reinforcing the Millennium City community and driving the development of Kowloon East into another core business district in Hong Kong. Complementing to offices at The Millennity, the shopping mall in the 10-storey podium will feature lush, leisurely retail space, with a scale comparable to that of APM. Nearly 400 parking spaces are provided in a four-storey parking garage in the basement, a number of which are equipped with electric vehicle charging systems. The Millennity has in its vicinity about 300 restaurants, 20 fitness centres and five hotels, providing about 1,500 rooms. With comprehensive facilities, a wide variety of restaurants nearby and extensive transport facilities in the area, The Millennity is designed to meet the daily and professional needs of all types of businesses. Prime location, top-level facilities and superb surrounding amenities to foster growth into a core international business district Strategically located in the heart of Kwun Tong, The Millennity is close to the Kwun Tong and Ngau Tau Kok MTR stations. Approximately 70 nearby bus routes offer easy access to all parts of Hong Kong. The Millennity is directly connected to Millennium City 6 via a covered footbridge and is only a five-minute walk from the Ngau Tau Kok MTR station. Building on the concepts of Infinity and Community to create a dazzling Kowloon East commercial district The Group meticulously planned the large-scale commercial project riding on its five decades of development experience, together with foresight and vision. The Millennity is built on the concepts of Infinity and Community, harnessing the infinite possibilities of Kowloon East and connecting the Millennium City community in the district, allowing the Group to realize its vision of elevating the Kwun Tong business district and seizing global opportunities along the way. Parts of the two towers have already been secured by well-known international brands and multinational corporations. The Millennity will synergize with existing Millennium City office cluster, forming a unique office hub in Kowloon East. Lo King Wai, General Manager (Office Leasing) of Sun Hung Kai Real Estate Agency , said: "The Group has demonstrated ingenuity and dedication to building every project to maximize success. We firmly believe that Kowloon East has great potential for development as another premier CBD in The Millennity showcases the Group's commitment to sustainable development, the latest in building technologies and smart facility management systems 「 The Millennity 」展示了集團對可持續發展的承諾，更展現了最新的建築技術和智能設施管理系統 Business News - Hong Kong Vol 107 • Q1 2023 • SHKP Quarterly 12