GuocoLand Limited (GuocoLand or GLL), a subsidiary of Guoco Group Limited (GGL), is part of one of Southeast Asia’s largest real estate developers – the Hong Leong Group (HLG). HLG, founded in 1963, is a truly global multi-industry company. It consists of major public firms in numerous countries, employing over 45,000 people, that conduct business in a wide range of varied industries, including: real estate investment and development; banking and financial services; leisure and hospitality; and manufacturing and distribution. GLL’s immediate parent, investment holding company GGL, is a member of the HLG, is headquartered in Hong Kong and listed on the Hong Kong Stock Exchange. GLL, with a workforce of more than 25,000, focuses its energies on real estate development and investment, financial services and on its hospitality holdings. The company primarily operates and invests in Hong Kong, Singapore, China, Malaysia and in the United Kingdom. GLL itself is an innovative, award-winning developer headquartered in Singapore that has been listed on its stock exchange since 1978. It is a rapidly growing company, with subsidiaries in Singapore, Malaysia, Vietnam and China. In 2017, GLL expanded its operations into the United Kingdom and Australia through its partnership with Eco World International Berhad’s development group.
At its heart, GuocoLand is a top East Asian property company that operates in Singapore, Malaysia, Vietnam and China. GuocoLand is involved in property investment and development, as well as in property management and hotel operations. The company and its subsidiaries have focused on maintaining, enhancing and expanding their dominance in their core markets. Apparently, these efforts have been highly effective. GLL’s property holdings have quickly expanded across East Asia, encompassing commercial, retail, hospitality and residential real estate. These holdings and other assets totaled nearly $10 billion by mid-2019.
GLL’s notable projects are varied and innovative. It completed the 290 meter-tall Guoco Tower, Singapore’s tallest building and the company’s headquarters, in 2016. This impressive, integrated mixed-use structure contains premium office space, the 5-star Sofitel Singapore City Centre business hotel, the luxurious Wallich Residence apartments, space for food and drink vendors and a verdant, manicured park. While this is most impressive, it’s far from the only engineering feat GuocoLand has been responsible for. Across the city-state, the company has also expertly produced about 11,000 new residences, including houses and apartment complexes. Outside of Singapore, the GuocoLand group has developed integrated development and residential townships in Malaysia. Additionally, the company also holds properties all across top Chinese cities, including Beijing, Shanghai and Nanjing.
Worldwide, GuocoLand has been recognized for its ingenious, original design ideas and dedication to excellence. It’s even become known as a group concerned about environmental sustainability. GLL has received several prestigious regional international real estate awards. These include South East Asia Property Awards, BCI Asia Awards, FIABCI Awards and International Property Awards. GLL has received a Leadership in Energy and Environmental Design (LEED) pre-certification and Building and Construction Authority (BCA) Green Mark Awards in acknowledgment of its dedication to environmental sustainability.