SingHaiyi Group Limited
Company Overview
SGX-Catalist listed, SingHaiyi Group Limited (“SingHaiyi”) specialises in property development, real estate investment, real estate co-investing, property trading and real estate management services. It is backed by a management and board with strong financial expertise and experience in property development and management.
SingHaiyi differentiates itself with its strategy to focus on design and has adopted an “investment banking” approach towards property development. A vision of its Deputy Managing Director, Mr Chan Heng Fai, SingHaiyi’ “investment banking” approach is essentially a syndication approach whereby the Group leads in seeking out development sites or related opportunities, sets the commercial parameters (including the level of debt and equity) 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.
SingHaiyi, which already manages residential properties in Hong Kong made its foray into Singapore’s property market in 2010. Since then, SingHaiyi has made two acquisitions of en bloc (collective sale) property sites – Foh Pin Mansion Charlton Road and Waldorf Mansion at Balestier Road – and successfully bid for a HDB DBSS (“Design, Build and Sell Scheme”) public housing project in Pasir Ris.
Accordingly SingHaiyi’ management and board firmly believe that this vast experience and strong background in property will enable it to leverage on forthcoming opportunities in Singapore’s dynamic property market.