ɐ fˈoːɹɾi wˈʌnˈeɪkɚ sˈaɪt bᵻsˌaɪd ðə nˈuː ʃˈɑː tˈɪn ɹˈeɪskoːɹs wʌz tʃˈoʊzən ænd kənstɹˈʌkʃən wʌz faɪnˈænst dʒˈɔɪntli baɪ ðə ɹˈɔɪəl hˈɑːŋ kˈɑːŋ dʒˈɑːki klˈʌb ænd ðə ɡˈʌvɚnmənt, wɪð ɐdˈɪʃənəl səpˈoːɹt fɹʌmðə kwˈiːnz sˈɪlvɚ dʒˈuːbɪlˌiː fˈʌnd.
A 41-acre site beside the new Sha Tin Racecourse was chosen and construction was financed jointly by the Royal Hong Kong Jockey Club and the government, with additional support from the Queen's Silver Jubilee Fund.