03/05/2013
SingHaiyi Group Ltd (“SingHaiyi”), formerly known as SingXpress Land Ltd (“SingXpress Land”), is an SGX-Catalist listed company that specialises in property development, real estate investment, real estate co-investment, property trading and real estate management services.
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 Balestier 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 CityLife@Tampines, an executive condominium in Tampines.
In March 2013, SingHaiyi changed its name from SingXpress Land, marking a new chapter with the entry of Haiyi Holdings Pte. Ltd., controlled by Mr Gordon Tang, as the new majority shareholder. Mr Tang was appointed as Non-Executive Director of SingHaiyi in April 2013. While building up its track record of property development in Singapore, SingHaiyi is now also seeking opportunities to extend its investment banking approach to real estate in new markets including the United States.