CK gets green light for Ma On Shan hotel conversion

CK Asset (1113) said its program to redevelop Horizon Hotels & Suites in Ma On Shan into a 772-unit residential project has received approval from the Buildings Department and that it will proceed with the premium payment.

According to the developer, the redevelopment proposal is for 772 flats, covering a site area of 84,402 square feet and a residential floor area of approximately 484,389 square feet. The premium payment is expected to happen soon.

In early 2020, CK Asset submitted an application to the Town Planning Board to convert more than 70 percent of the floor area of Horizon Suites in Ma On Shan into residential units, while also retaining a portion of the units for hotel use.

However, in December 2020, a revised proposal was submitted that completely abandoned the initial plan for a mixed-use development.

That envisaged the conversion of the entire hotel into a purely residential development, which then offered just 758 units.

Based on the information available from the development proposal then, the project site covered around 86,100 sq ft. The proposed development was intended to have a plot ratio of 6.3, resulting in a total gross floor area of around 542,600 sq ft.

The residential floor area of the project was about 482,900 sq ft.

As per the plan, each floor would house 58 units. Additionally, the non-residential floor space was estimated to be around 59,700 sq ft.

In recent years, the developer has been actively seeking to rebuild residential units within its hotel projects.

Last month, it sought approval to rebuild about 1,665 apartments in its Harbourfront Horizon Suites in Hung Hom.

That came after it sought approval to convert the nearby Harbourview Horizon Suites into a three-tower residential and hotel complex that is expected to provide 1,503 homes and 442 hotel rooms, in effect, reducing the hotel's size by 80 percent.

Its Harbour Plaza Resort City in Tin Shui Wai will also be converted into 1,102 flats.