Alvin Leung, Director of Investment Management of LOFTER, said the subject site with a site area of approximately 4,000 sq. ft. is zoned as "Residential (Group A)" yielding a maximum gross floor area of approximately 35,000 sq. ft.“We are optimistic about the prospects of Ap Lei Chau district, being driven by the Invigorating Island South initiatives announced in the Chief Executive’s 2020 Policy Address and more completions of private residential-cum-commercial developments in the area.Ms Carol Chow, Founder and Chairperson of LOFTER, said, “frontline staff and elderly face unprecedented challenges during the fifth wave of Covid-19.
https://www.localnewshk.com/post/lofter-is-working-on-various-urban-redevelopment-projects
Through providing some essential materials, we wish to show our care and appreciation.Mr Jacky Kwan, Chairperson of Primary Care Education Foundation, said, “Elderly homes face material and staffing shortages amid the outbreak. The elderly is among the most vulnerable groups and they need our help.LOFTER’s partnership with the seasoned pan-Asian real estate investment firm, SC Capital Partners, who shares the same values in developing the best-in-class products, will focus on incorporating ESG, architectural creativity and visionary technologies in the development.
Carol Chow, who founded Lofter in 2012, decided to turn two ground-level shops at its recently acquired HK$600 million (US$77 million), 50-year-old tong lau (tenement building) in Prince Edward into a 4,000 square feet Concept Studio to showcase the collection until August 27.Chow, who studied civil engineering at the University of Hong Kong and holds an MSc in finance and management from Loughborough University in the UK, said their redevelopment projects aimed to blend the past, present and future in terms of design.LOFTER GROUP (“LOFTER” or “the Group”), a Hong Kong-based property developer, is pleased to announce the partnership with Singapore-based pan-Asian real estate investment firm, SC Capital Partners, to acquire majority undivided shares in Nos. 2-4A Ping Lan Street and Nos. 26-28 Ho King Street, Ap Lei Chau for residential-cum-commercial redevelopment.