About The Developers of The Avenir Condo
Hong Leong Holdings Limited (HLHL) was established in 1968 as the main real estate development subsidiary of the Hong Leong Group Singapore. HLHL and parent company Hong Leong Investment Holdings Pte Ltd bought a majority stake in City Developments Limited (CDL) in 1971. Currently the two companies operate separately but they have also collaborated on many successful projects such as Chelsea Gardens and the St Regis Hotel and Residences in Singapore.
HLHL has built many distinctive residential and commercial properties in Singapore. Its commercial property portfolio, comprising Hong Leong Building, Fuji Xerox Towers (previously known as IBM Towers), 80 Robinson Road, 76 Shenton Way and Anson Centre, mirrors the growth of Singapore’s Central Business District. Notable residential developments include Hong Leong Garden, Tulip Garden, The Atria at Meyer, The Makena, Tanjong Ria, Riverside Piazza, Watermark Robertson Quay, Tate Residences and Aalto.
Hong Leong Building, the company’s flagship building, was one of the tallest commercial developments in the CBD when it was built in 1975. It remains a highly recognisable landmark in the city’s skyline today. The building underwent several major refurbishments including the re-cladding of the building’s façade and refurbishment of its main lift lobby. HLHL also enhanced the street-side walkways and installed energy-saving escalators as part of its commitment to sustainable living.
Listed on the Singapore Exchange in 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 2019, the Group’s total assets amounted to approximately $10.0 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.