In the late 1980s, Cheung Kong acquired two pieces of land in Lam Tin, one being a former Shell oil depot, the other above the newly built Lam Tin MTR station and bus terminus, and developed them into Laguna City and Sceneway Garden respectively.
In the late 1980s, Cheung Kong acquired two plots of land in Lam Tin, one being an old Shell storage facility, the other situated near a new transportation hub, and converted them into Laguna City and Sceneway Garden.