Sustainability Reports 2022/23

Building a World-class Arts and Cultural Hub in West Kowloon Cultural District We continue to be at the forefront of supporting Hong Kong’s cultural development. Our Artist Square Towers Project – part of the West Kowloon Cultural District Project – aligns with the National 14th Five-year Plan. It will be a vibrant cultural hub for artists from all over the world: an East-meets-West centre for international cultural exchange at the heart of Hong Kong. The project will complement the nearby ICC and the High Speed Rail West Kowloon Terminus Development. It will boost the area’s status as a commercial, cultural, arts, retail, entertainment and transportation hub in Hong Kong and the Greater Bay Area. Transitional Social Housing United Court for Underprivileged Families Providing underprivileged residents with employment opportunities at United Court A study hall built in the 1950s has been transformed into the Ma Wan Park’s Heritage Centre The Solar Villas were converted from old Ma Wan village houses from the early days to offer guestrooms and provide visitors with a green and tranquil vacation experience To improve living conditions for underprivileged families in Hong Kong, SHKP partners with the Hong Kong Sheng Kung Hui Welfare Council, to provide land for the transitional housing project United Court. Opened in 2022, it has a total of 1,800 units that house up to 5,000 families. A people-oriented design includes recreational spaces, social enterprise stores and weekend markets. United Court also offers residents employment assistance and opportunities, with vocational training. This year, the 90-hour United Cut programme saw four trainees graduating as qualified hairdressers. A rendering of the National Scheme of the Artist Square Towers provided by the West Kowloon Cultural District Authority Creating Multigenerational Housing for the Youths and the Elderly SHKP strives to promote multigenerational integration in communities. Our mega residential project at Sai Sha follows the path laid by Tung Shing Lei, SHKP’s first multigenerational housing project. It will incorporate adaptable units, flexible layouts and features that cater to elderly residents’ needs, including wider corridors and doorways, extra turnaround space, larger washrooms with additional handrails, and extra slip-resistant floor finishes with antibacterial functions. It will also have a multi-generation hub with elderly-friendly features and an outdoor area with a landscape designed for both young and elderly residents. Caring services – such as housekeeping, meals, health and fitness planning, interest groups, mentoring and activities – will connect seniors and younger generations. We hope to enable elderly residents to live comfortably and happily in the same complex as their children and grandchildren through the use of a mix of age-friendly designs, supportive facilities and caring services. Revitalizing Ma Wan Park to Promote Heritage and Cultural Development To foster sustainable development, SHKP is developing and managing Ma Wan Park on Ma Wan Island. The project’s first phase focuses on tourism, environmental protection and social welfare. The second focuses on the preservation, restoration and revitalization of buildings in the old Ma Wan village. The project demonstrates our dedication to conservation and urban revitalization. Ma Wan Public Fong Yuen School (Junior Fong Yuen), which dates from the 1950s, has been transformed into a Heritage Centre that educates visitors on Ma Wan’s rich history and promotes cultural preservation. It showcases historical artefacts unearthed in Ma Wan in 1997; recognized as one of the top ten new archaeological discoveries of the year by the National Cultural Heritage Administration. Phase two began in 2021 and is scheduled for completion in 2024. The old Ma Wan village will be transformed into an arts village, with studios and workshops alongside retail and catering sites. Cultural artefacts – such as the Tin Hau Temple, the Kowloon customs commemorative tablet and stone tablet, and the historical Mui Wai rock inscription – will be restored. The park is expected to be a popular destination for tourists and leisure-seekers. Sun Hung Kai Properties Limited Sustainability Report 2022/23 71 Our Reporting Approach Message from the Sustainability Steering Committee Our Business Our Approach to Sustainability Value Created for People Value Created for Customers Value Created for Supply Chain Value Created for Community Appendices Value Created for the Environment