Shui On Construction and Materials plans to include more commercial and recreational features in its 40-hectare Rui Hong Xin Cheng residential project in Shanghai.
Vice-chairman Wilfred Wong Ying-wai said it needed to update the project to meet demand of buyers.
'The original blueprint of the project was made in 1996. It's a bit old now because Shanghai has been changing rapidly in the past few years,' Mr Wong said.
'Although the project has excellent location, neighbouring an MTR station, we need to add more interesting facilities to draw buyers.'
Mr Wong said Shui On was considering many ideas, including shopping arcades, serviced apartments, elderly homes and parks, but details of the latest plan had not been finalised.
Rui Hong Xin Cheng is Shui On Construction's first venture in the Shanghai market. The company acquired the project last year from its major shareholder.
