Carmel Development Pte Ltd
Carmel Development Pte. Ltd. is a joint venture between Hong Leong Holdings Limited, GuocoLand Limited and Hong Realty Pte Ltd.
Hong Leong Holdings Limited
Hong Leong Holdings Limited (HLHL), which was founded in 1968, is the pioneer in real estate development and investment firm in Singapore. HLHL has since became prominent as a big player in the real estate market, and is one of the highly demanded provider of comfortable residential homes.
A privately-held property investment and development arm of the Hong Leong Group. The Company has developed approximately 100 residential properties that ranges from mid to high-end projects in some of the country’s highly sought-after neighbourhood.
GuocoLand Limited is a leading regional property company with headquarter in Singapore. In 1978, GuocoLand was listed on Singapore Exchange Securities Trading Limited and have been expanding its operations into the geographic markets of Singapore, Malaysia, Vietnam and China. In 2017, under strategic partnership with Eco World Development Group Berhad in Eco World International Berhad, GucoLand had also expanded into new markets of Australia and the United Kingdom.
With principal business activities in property investment, property development, property management and hotel operations, GuocoLand and its subsidiaries are focused on achieving sustainability, scalability and growth in its core markets. The company’s portfolio consists of residential, commercial, retail, hospitality and integrated developments stretches across the region. GuocoLand’s total assets as at June 2019 is approximately $10 billion.
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