Media OutReach

Hang Lung Properties and Tsinghua University Mark 15 Years of Impactful Partnership on Sustainable Urban Futures

Published

8 months ago

02/04/2025

The Hang Lung Center for Real Estate at Tsinghua University celebrates significant achievements in driving innovation in real estate and creating a greener future

HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 2 April 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) is marking 15 years of successful and innovative partnership with Tsinghua University, a significant milestone in a collaboration that began in 2010. This alliance has emerged as one of the leading Asia-based partnerships in the real estate sector, uniting business and academia and playing a crucial role in shaping the industry’s development in mainland China.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties (second from the right), Professor Yang Bin, Deputy Director of the Tsinghua University Council and Executive Committee Director of the Hang Lung Center for Real Estate (middle), Professor Liu Hongyu, Deputy Director of the Management Committee of the Hang Lung Center for Real Estate (second from the left), Professor Wu Jing, Director of the Hang Lung Center for Real Estate (first from the left), and Mr. John Haffner, Deputy Director – Sustainability, Hang Lung Properties (first from the right)

To commemorate this anniversary, a Forum on Sustainable Development of Cities and Real Estate Cum 15^th Anniversary of The Hang Lung Center for Real Estate at Tsinghua University (“the Center”) was held today, bringing together industry leaders, academics, and policymakers to share insights on how to shape the future of the sector. Keynote speakers at the roundtable discussion included Mr. Chai Qiang, President of the China Institute of Real Estate Appraisers and Agents, and Ms. Liu Lin, Former Director and Researcher of the Real Estate Department at the Investment Research Institute of the National Development and Reform Commission. Around 3,000 participants, including industry association representatives, business partners, Tsinghua professors and students, and national media also attended this landmark hybrid event.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, commented, “2025 also marks the 65^th anniversary of Hang Lung Group—a significant milestone that highlights our enduring partnership with Tsinghua University. Through this collaboration, the Center has established itself as a foremost source of research insights for China’s real estate sector, with over 500 published papers demonstrating its impact on academia and industry. I extend my sincere appreciation to the Center for its valuable contribution. Hang Lung will continue to collaborate with Tsinghua University to advance sustainable real estate development, technological innovation, and talent cultivation, collectively supporting society’s sustainable growth.”

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties delivered the opening speech at the “Forum on Sustainable Development of Cities and Real Estate Cum 15th Anniversary of The Hang Lung Center for Real Estate, Tsinghua University”

In his opening remarks, Professor Yang Bin, Deputy Director of the Tsinghua University Council and Executive Committee Director of the Hang Lung Center for Real Estate, said, “Since its establishment, the Center remains committed to deepening the integration of industry, academia and research. Leveraging Tsinghua University’s comprehensive strengths across multiple disciplines, the Center has continued to drive innovation in the real estate sector, achieved significant research outputs, and upholding its prominent academic influence in the industry. As the country advances toward its ‘dual carbon’ goals and rising demand for high-quality housing, the Center will continue to serve as a think tank and an accelerator. We will enhance strategic collaborations with industry partners, offering forward-looking insights to support the quality development of China’s real estate industry, and contributing Chinese wisdom to the sustainable development of global cities.”

The event featured a distinguished lineup of experts from industry associations, academia, and leading enterprises, who participated in two roundtable discussions — “Emerging Trends in Real Estate Development” and “Carbon Reduction and Green Building Development in Real Estate.” They shared valuable insights and practical experiences, offering new perspectives for the future of the industry

Hang Lung Properties has also donated more than RMB 33 million over the past 15 years to promote the development of Tsinghua University’s real estate discipline and provide targeted support for the Center to carry out academic research and exchanges. Since its inception in 2010, it has established its academic and industry influence through contributions to prestigious national and international journals. The Center’s industry impact is evident at events like the Asia Pacific Real Estate Research Symposium, attended by nearly 700 professionals and scholars, as well as over 90 Hang Lung Real Estate Seminars featuring global experts.

In 2023, the partnership developed a deeper focus on sustainability, proptech innovations, and talent cultivation. This was underscored by the launch of the “Sustainable Real Estate Research Scheme,” an initiative promoting research on green buildings, low-carbon development, and smart cities.

Looking to the future, Hang Lung is committed to strengthening ties with industry leaders, academics, policymakers, and government stakeholders. Together with Tsinghua University, it aims to continue pioneering research and solutions that address the evolving challenges and opportunities in sustainable urban development across Mainland China.

Mr. John Haffner, Deputy Director of Sustainability at Hang Lung Properties, presented Hang Lung’s discussion paper titled “Our Journey to Net Zero: Our Scenarios and Actions to Reduce Greenhouse Gas Emissions to 2050.” He outlined the company’s key actions and strategic planning aimed at achieving net zero carbon emissions by 2050

Note to Editors:

Hang Lung’s sustainability achievements:

With support from top management and a long-term vision, Hang Lung aims to become one of the most sustainable real estate companies in the world. Through clear and measurable sustainability goals, including 25 Targets to be achieved by 2025, 2030 Sustainability Goals and Targets, and net zero targets validated by the Science Based Targets initiative (SBTi), the Company has gained recognition from stakeholders for its pioneering sustainability initiatives in real estate. Hang Lung obtained more than 45 ESG awards in 2024.

The Company is on the CDP “Corporate A List,” with an “A” rating for Climate Change and an “A-” rating for Water Security. Since 2021, Hang Lung has received a 4-star performance rating for standing investments from the Global Real Estate Sustainability Benchmark (GRESB), and maintained an “AA” rating in the MSCI ESG Ratings assessment and a “low ESG risk” rating from Sustainalytics. The Company has also been a constituent stock of the FTSE4Good Index Series and the Hang Seng Corporate Sustainability Index (Mainland and Hong Kong) since 2021 and 2010 respectively.

Hang Lung has also demonstrated its sustainability leadership in renewable energy, low carbon construction and tenant partnerships. Since April 2024, 50% of Hang Lung’s operating properties in mainland China have been powered by renewable energy. For low carbon construction, Plaza 66 Pavilion Extension’s building structure in Shanghai is Hang Lung’s first Mainland project to use almost 100% low carbon emissions steel. And the Company has partnered with 49 tenants representing 11% of its total leasable area on sustainability initiatives through its nationwide Changemakers Program for all tenants, and its first-of-its-kind sustainability collaboration with LVMH Group in 2022.

For more details, please visit www.hanglung.com/en-us/sustainability.

Hashtag: #HangLungProperties

The issuer is solely responsible for the content of this announcement.

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is also recognized for leading the way in enhancing sustainability initiatives in the real estate industry, all the while pursuing sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit www.hanglung.com.

Media OutReach

SIM and the True Worth of Education: Beyond Tuition Fees

Published

5 hours ago

07/12/2025

Media Outreach

SINGAPORE – Media OutReach Newswire – 7 December 2025 – As Singaporean families plan for higher education, tuition costs often dominate the conversation. However, the more critical consideration lies in understanding the relationship between cost and value. This article provides an in-depth understanding of the financial implications of pursuing studies at local public universities, private institutions such as SIM, and overseas universities, while highlighting SIM’s distinctive proposition that extends beyond competitive pricing.

Local Public Universities: Affordable and Prestigious

Singapore’s autonomous universities remain among the most cost-effective options for Singapore citizens, thanks to the Ministry of Education’s Tuition Grant. For example, undergraduate programs at NUS and NTU cost around S$8,250 per year for Singaporeans, while SMU averages S$11,500 annually. Other institutions such as SUTD, SUSS and SIT fall within similar ranges, typically between S$8,000 and S$13,500 per year. Over a three- to four-year degree, this translates to roughly S$25,000 to $54,000 in tuition fees.

The autonomous universities offer strong reputations and excellent graduate outcomes, but entry to some programme is highly competitive, and program flexibility may be limited compared to private or overseas options.

Overseas Universities: Prestige Comes at a Price

For families considering an overseas education, costs escalate dramatically. Tuition at U.S. private universities averages US$50,000 to US$60,000 per year (about S$70,000 to S$84,000), with living expenses adding another US$10,000 to US$15,000 annually. In the UK, fees range from £10,000 to £38,000 per year (approximately S$17,000 to $65,000), while Canada and Australia typically charge S$14,000 to $28,000 for tuition alone. Factoring in accommodation, travel, and insurance, a four-year overseas degree can easily exceed S$150,000.

While these programs offer prestige and cultural immersion, they also involve significant financial, visa, and lifestyle considerations.

SIM Global Education: International Degrees at Local Cost

SIM offers a compelling alternative for students seeking global credentials without the high cost of studying abroad. Through partnerships with leading universities from the UK, Australia, the U.S., Canada, and Europe, SIM delivers more than 140 programs in Singapore, allowing students to earn internationally recognized degrees, essentially the same degree if you studied overseas, but locally at SIM. Tuition fees vary by program, for example, a University of London BSc ranges from S$26,685 to S$42,835, a University of Birmingham top-up degree costs S$42,000 to S$57,100, and a degree from the University at Buffalo falls between S$41,700 and S$74,600 for Singaporeans.

Beyond competitive pricing, SIM emphasizes value. Degrees are awarded by partner universities and aligned with global academic standards. The institution holds EduTrust Star certification and ISO accreditation, ensuring the best quality assurance. Students benefit from bond-free scholarships and bursaries, as well as Career Connect services that provide internships, mentoring, and employer networking. Graduate outcomes are strong, with nearly 80% of SIM graduates securing employment within six months of graduation.

Why Value Matters as Much as Cost

Choosing a degree isn’t just about tuition fees, it’s about the total investment, which includes living costs, global recognition, and career outcomes. Local autonomous universities such as NUS, NTU, and SMU remain highly attractive for their subsidized fees and strong reputations, making them one of the most cost-effective options for Singaporeans. However, entry is competitive, and program flexibility may be limited.

On the other end of the spectrum, overseas universities offer prestige and cultural immersion but often come with six-figure costs and additional living expenses. This is where SIM provides a strategic middle ground, delivering internationally recognized degrees from leading global universities at local cost. Students gain access to global curricula, industry-ready skills, and career networks without the financial burden of relocating overseas. For families seeking international exposure at sustainable costs, SIM combines affordability with the value of global education

References:

NUS Fees for Undergraduate Programmes – https://www.nus.edu.sg/registrar/docs/info/administrative-policies-procedures/ugtuitioncurrent.pdf
NTU Fees for Undergraduate Programmes – https://www.ntu.edu.sg/docs/default-source/onestop@sac/2025/tuition-fees-ft-ay2025_12mar25.pdf?sfvrsn=b8c5474_1
SMU Fees for Undergraduate Programmes – https://admissions.smu.edu.sg/financial-matters/tuition-fees-grant
SUTD Fees for Undergraduate Programmes – https://www.sutd.edu.sg/admissions/undergraduate/education-expenses/fees/tuition-fees/
SUSS Fees for Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
SIT Fees from Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
Comparison of Tuition Fees in US, UK, Canada and Australia – https://uninist.com/blog/financial-planning/comparison-of-tuition-fees-guide
How much does college cost in 2025 – https://research.com/universities-colleges/how-much-does-college-cost
Price of attending undergraduate institutions – https://nces.ed.gov/programs/coe/indicator/cua
University of London Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=1%7C
University of Brimingham Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=10%7C

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

https://www.sim.edu.sg

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit sim.edu.sg

Media OutReach

A-Level vs Polytechnic: Understanding different pathways offer competitive edge at SIM

Published

22 hours ago

06/12/2025

Media Outreach

SINGAPORE – Media OutReach Newswire – 6 December 2025 – Singapore’s education system offers two popular tertiary pathways after post-secondary, A-Levels through Junior Colleges and Polytechnic diplomas. Both leading to higher education but differ in focus. A-Levels are academically rigorous and theory-driven, preparing students for university through subject-based learning over two years at junior colleges or three years at Millennia Institute.

Conversely, Polytechnic programmes emphasize applied learning, incorporating projects and industry attachments, and culminate in a diploma after three years. Understanding how these distinct approaches translate into admission considerations at SIM, one of Singapore’s leading private education institutions, is essential.

For students and parents, evaluating these options is critical to determining which pathway offers the greatest advantage in today’s competitive education landscape.

Applying with A-Levels

For students who have completed A-Levels, SIM requires applicants to meet the academic and English language criteria specified for each degree programme. According to SIM’s admissions process, candidates must submit their GCE A-Level certificates and transcripts along with other supporting documents. Entry is subject to programme-specific requirements set by SIM and its universities partner from Australia, Canada, Europe, the United Kingdom, and the United States. This pathway allows applicants to begin their degree studies immediately after junior college, provided they meet the specific entry requirements for their chosen programme.

Applying with a Polytechnic Diploma

Polytechnic graduates may be eligible for advanced standing and credit exemptions when applying to SIM’s degree programmes. The amount of exemption depends on the relevance of the diploma and the chosen degree. For example, IT-related diplomas from local polytechnics can receive up to two years of credit exemptions for certain programmes, such as those offered by the University of Wollongong, provided the applicant meets GPA requirements (typically 2.0 or above). Other diplomas may receive partial exemptions on a case-by-case basis. These exemptions reduce both time and cost, making SIM an attractive option for Polytechnic graduates who want to build on their applied learning experience.

Why It Matters

According to the Ministry of Education (MOE) statistics in 2021, roughly one in three Polytechnic graduates progress to local autonomous universities, compared to about four in five A‑Level and International Baccalaureate graduates. This gap underscores the importance of additional pathways such as SIM, which enable Polytechnic graduates to earn globally recognised degrees and expand their career prospects.

Student Stories: Two Potential Paths to Success at SIM

At SIM, students have the flexibility to shape their academic journey based on their background and career goals. For some, it’s about gaining a head start; for others, it’s about leveraging credit exemptions to fast-track progress. Ashley Ong and Violet Weng exemplify these two pathways, each leading to success in its own way.

Ashley Ong, an A-Level graduate, chose to begin her degree journey with the University at Buffalo Bachelor of Science in Business Administration. She embraced every opportunity SIM offered such as internships, hackathons, and networking events, building practical skills and global perspectives that prepared her for a competitive business world.

Meanwhile, Violet Weng, a Singapore Polytechnic graduate, opted for a different approach. While pursuing her RMIT Bachelor of Business (Economics and Finance), Violet leveraged SIM’s credit exemptions to shorten her study duration and reduce costs, all while working full-time. This flexibility allowed her to balance work and study, accelerate graduation, and advance her career without compromise.

Both stories highlight SIM’s commitment to offering customized pathways for students whether you’re starting fresh or building on prior learning.

Conclusion

Whether you come from an academic route like A-Levels or an applied learning path through Polytechnic, the journey to a degree can look very different. A-Level graduates often enjoy a head start with direct entry, while Polytechnic graduates benefit from credit exemptions that recognize their practical skills. Both pathways reflect Singapore’s evolving education landscape where flexibility and global opportunities matter more than ever.

References:

MOE Post-Secondary – https://www.moe.gov.sg/post-secondary/
SIM Application Process – https://www.sim.edu.sg/degrees-diplomas/admissions/application-process
SIM-UOW Credit Exemption Table – https://www.sim.edu.sg/getmedia/9c0ad90d-5910-4d47-b044-f815188a4b16/sim002856.pdf
MOE Education Statistics Digest – https://www.moe.gov.sg/about-us/publications/education-statistics-digest
Polytechnic graduates progression and subsidies for PEIs – https://www.moe.gov.sg/news/parliamentary-replies/20210510-polytechnic-graduates-progression-and-subsidies-for-peis
askST: How many uni places are there for Singaporeans? Is there a quota for poly grads? – https://www.straitstimes.com/singapore/how-many-uni-places-for-locals-any-quota-for-poly-grads
How 6 internships, 4 hackathons, and CCAs paved the way for Ashley – https://www.sim.edu.sg/articles-inspirations/how-6-internships-4-hackathons-and-ccas-paved-the-way-for-ashley
How this graduate pivoted her career by pursuing a degree while working full time – https://www.sim.edu.sg/articles-inspirations/how-this-graduate-pivoted-her-career-by-pursuing-a-degree-while-working-full-time

Hashtag: #SIMGlobalEducation #SIMGE

https://www.sim.edu.sg

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

For more information on SIM Global Education, visit sim.edu.sg

Media OutReach

K. Wah Group Donates Additional HK$12.07 Million for Tai Po Recovery

Published

1 day ago

06/12/2025

Media Outreach

Chairman Mr. Francis Lui Urges Public to Turn Compassion into Action and Vote 7 December

HONG KONG SAR – Wechat: 嘉华集团 K. Wah Group
https://www.youtube.com/@kwahgroup

The issuer is solely responsible for the content of this announcement.

About K. Wah Group

K. Wah Group was founded in 1955 by Dr. Lui Che Woo and has since grown into a diversified multinational corporation. Its core businesses span property development and investment, integrated resort and entertainment, hospitality, and construction materials.

The Group has a strong presence in Mainland China, Hong Kong, Macau, Southeast Asia, and key international markets. Its major subsidiaries include two Hong Kong-listed flagships: K. Wah International Holdings Limited (HKEX: 00173), focused on premium property development and investment; and Galaxy Entertainment Group Limited (HKEX: 00027), a constituent of the Hang Seng Index and a leading gaming and entertainment operator in Macau. Other key members of the Group include Stanford Hotels International and K. Wah Construction Materials Limited. Today, K. Wah Group comprises over 200 subsidiaries worldwide.

Website：http://www.kwah.com