Listed on the Singapore Exchange Securities Trading Limited since 1978, GuocoLand Limited (“GuocoLand”) is a premier regional property company with operations in the geographical markets of Singapore, China, Malaysia and Vietnam. In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad.
Headquartered in Singapore, the principal business activities of GuocoLand and its subsidiaries (“the Group”) are property development, property investment, hotel operations and property management, and it is focused on achieving scalability, sustainability and growth in its core markets. The Group’s portfolio comprises of residential, hospitality, commercial, retail and integrated developments spanning across the region. As at 30 June 2020, the Group’s total assets amounted to approximately $11.1 billion.
In Singapore, the Group has successfully developed 36 residential projects yielding approximately 11,000 apartments and homes. GuocoLand’s flagship integrated mixed-use development Guoco Tower, integrates premium Grade A offices, a dynamic lifestyle and F&B retail space, luxurious apartments at Wallich Residence, the 5-star business hotel Sofitel Singapore City Centre and a landscaped urban park. It has also developed a sizeable portfolio of properties spanning across the major cities of Beijing, Shanghai, Nanjing and Tianjin. The Group’s 68% owned subsidiary, GuocoLand (Malaysia) Berhad (which is listed on Bursa Malaysia), is an established property developer of community-centric residential townships and innovative commercial and integrated development projects in Malaysia.
Hong Leong Holdings Limited
Hong Leong Holdings Limited (HLHL) was established in 1968 as the privately-held property development and investment arm of the Hong Leong Group. As one of the pioneers of the real estate scene in Singapore, HLHL has since emerged as a major player in the property market, making it one of the most sought-after providers of a comfortable home. To date, it manages 8 commercial projects and has developed close to 100 residential properties, including a range of mid to
high-end residential projects in some of the country’s most coveted neighbourhoods.
Looking forward, HLHL continues to seek improvement and expansion in its business while maintaining its distinct level in design, sustainability and customer service.
The Hong Leong Group is one of Singapore’s largest local private sector conglomerates engaged in a wide range of businesses in the Asia-Pacific, Europe and North America. The Group’s five core businesses are property investment and development, hotel ownership and management, financial services, trade & industry and e-Business.
The Hong Leong Group has a proud record of continuity and stability since its founding in Singapore by Kwek Hong Png in 1941. Today the second generation of Kweks is at the helm, headed by Kwek Leng Beng. It’s a team of star strikers with its sights firmly set on defined goals. To achieve its new vision the Group is now armed with the tools of today’s Information Technology age and a forward-looking, international mindset, in tune with the new millennium.
Hong Realty Pte Ltd
Hong Realty (Private) Limited was incorporated in 1962. It operates as a property development and investment holding company, and is a subsidiary of Hong Leong Investment Holdings Pte. Ltd. Hong Realty (Private) Limited has also participated in many enbloc acquisition and redevelopment projects over the years.
Future owners of Midtown Modern can expect nothing but exceptional quality