Sai Kung’s long delayed waterfront hotel may be shaking off its moribund status

^{An artist’s rendering of the new hotel}

Signs of life are emanating at last from the long delayed Sai Kung waterfront hotel. Savills Hong Kong has been circulating local restaurateurs trying to interest them in leasing space.

^{The current status of the site}

Ian Chui of Savills said the hotel is going to be boringly named — our words, not his — WM Hotel. Due to open about two years late, the hotel should be accepting guests and diners from the first quarter next year. It will have about 270 rooms and four or five restaurants on the ground floor facing the sea opposite HK Academy on Wai Man Road.

^{Artist’s rendering of the finished hotel}

The total cost of the hotel — land, architecture, construction, interior design and fitout — has been put at $2.5 billion. The owner, Shaw Group, which will manage it through Rosedale Hotels. The aim is to create a resort hotel.

Raymond Chan of Shaw Brothers, told BUZZ, “It will have lost of natural features, rocks, greenery, waterfalls.”

^{The ground floor site plan showing retail areas}

The F&B space Savills is touting in its circular to restaurateurs is 8628 sq ft. Ian said they are seeking $30 a sq ft or $258,840 a month, but that’s negotiable.