City Suites Developer
SingHaiyi Group Ltd ("SingHaiyi"), formerly known as SingXpress Land Ltd, is an SGX-Catalist listed company that specializes in property development, real estate investment, real estate co-investment, property trading and real estate management services.
SingHaiyi differentiates itself from its competitors with its strategy to focus on design and has adopted an "investment banking" approach towards property development. This approach is essentially a syndication approach whereby Singllaiyi leads in identifying development projects or other related opportunities, sets the commercial parameters and then brings in co-investors and joint venture partners, playing as far as possible a lead or co-lead role for the duration of such projects.
Making its foray into Singapore's property market in 2010, SingHaiyi made two acquisitions of en bloc property sites - Foh Pin Mansion at Charlton Road and Waldorf Mansion at Halestier Road. In March 2012, SingHaiyi sold out all 21 units of Charlton Residences (previously known as Foh Pin Mansion) in less than four months after it was launched. SingHaiyi has also launched a HDB Design, Build and Sell Scheme housing project in Pasir Ris, and is a joint developer of CityLilegTampines, an executive condominium in Tampines.
SingHaiyi's logo and name change in 2013 marks a new chapter with Mr. Gordon Tang, an investor with investments in The United States, China, and Singapore, coming on board as Managing Director.