Being a premier regional property company, they are listed on the SGX from 1978 having operations within Singapore, Vietnam, Malaysia and China market geographically. The group went into property development and investment back in the late 1990. After investing inHo Chi Minh City, Vietnam in September 2006, GuocoLand are awarded an investment license that allow them to build a fully-integrated development which is 17km north of Ho Chi Minh City on a 17.5-hectare site in Binh Duong Province.Later in April 2017,GuocoLandmarked a significant milestone expanding beyond Asian into new markets such as Australia and United Kingdomthrough a strategic partnershipwith Eco World Development Group.This resulted an immediate exposure to four development projects under construction in Sydney and London London with a much lower project risk.In order to reflect better in its focus as a property company,the company assumed its present name of GuocoLand Limited on 18thNovember 2002.
By having their headquarter located in Singapore, their key business activities involve mainly in property development, property management, hotel operations and property investment which they are focusing to scale and sustain in its core market. Hospitality, commercial, residential, retail, integrated development and property related activities are part of the company core business that spread across the region. Their group total asset is estimated to be approximately at $11.1billion as of 30 June 2020.
GuocoLand had been a pioneer in the 99-year leasehold condominium development mainly focusing at the HDB upgrader in Singapore. Since then, GuocoLand has so far developed successfully 36 residential projects in Singapore comprising approximately 11,000 homes and apartments. Thus, becoming a major developer in Singapore for the private residential property market. Guoco Tower is one of GuocoLand’s flagship integrated mixed use development consisting ofa dynamic lifestyle and F&B retail space, F&B retail space, high end apartments at Wallich Residence, Grade A offices, business hotel and a landscaped urban park.
Since 1994, Guocoland has a considerable investment in the China real estate industry that span across major cities such as Shanghai, Nanjing, Tianjin & Beijing beside Singapore. To enter the real estate sector in Malaysia, a major stake of Guocoland (Malaysia) Berhad which is a well-known property developer in Malaysia for community-centric residential townships, innovative commercial and integrated development projects is owed by the group through its acquisition from 2004.
GuocoLand has been awarded with numerous accolades and awards both internationally and locally for its recognition in its portfolio of innovative developments, quality and commitment to business excellence. Some of its awards include environmental sustainability awards as well as Building and Construction Authority (BCA) Green Mark Awards and Leadership in Energy. Its real estate awards given to the best property companies such as FIABCI Property Awards, International Property Awards, South East Asia Property Awards & BCI Asia Awards.
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