GuocoLand
GuocoLand Limited is a premier real estate company with operations in the geographical markets of Singapore, China, Malaysia and Vietnam. Headquartered in Singapore, the principal business activities of GuocoLand and its subsidiaries (“the Group”) are property development, property investment, hotel operations and property management. The Group’s portfolio comprises residential, hospitality, commercial, retail and integrated mixed-use developments spanning across the region.
See below for the Latest GuocoLand News, Analysis, Profit Results, Share Price Information, and Commentary.
GuocoLand profit drops 38% to $129m in FY2024 amidst higher costs
GuocoLand profit drops 38% to $129m in FY2024 amidst higher costs
It also reported lower basic earnings per share.
GuocoLand bags $847m green loan to fund Upper Thomson development
It plans to develop a 941-unit residential project on the site.
GuocoLand’s Lentor Mansion cuts heat and energy costs with green features
Its solar panels offset energy consumption in common areas by 60%.
GuocoLand unit sells stake in Eco World International for $61m
The subsidiary held a 27% stake in Eco World International.
GuocoLand JV clinches Upper Thomson Road Parcel B tender
The URA accepted the JV's bid price of $779.6m.
Why Lentor Mansion did ‘exceptionally well’ despite buyers’ price sensitivity
The development sold 75% of its units during its weekend launch.
Homebuyers snap up 75% of units at Lentor Mansion
The development sold all of its 2-bedroom units.
Lentor Mansion to attract extended families, landed homeowners
The development is the first project in the Lentor precinct to have 5-bedroom units.
GuocoLand posts 12% YoY higher profit of $66.2m in 1H24
The higher profit boosted the company’s earnings per share by 15% YoY.
Marina Gardens Crescent site attracts one bid; Media Circle receives 3
A GuocoLand-led consortium was the sole bidder for Marina Gardens Crescent.
Guoco Midtown's retail space achieves full occupancy
The mixed-use development has 50,000 sq ft of retail space.
GuocoLand, CDL place top bids for Lentor Central, Champions Way sites
Tenders for both land parcels closed on 12 September.
GuocoLand’s profit drops 47% YoY to $207.1m in FY23
The company recorded a profit decline despite a 60% YoY jump in revenue.
GuocoLand bags $498.6m funding for Lentor Gardens site development
It secured funding from DBS Bank and OCBC.
SBR Technology Excellence Awards 2023 Winner: GuocoLand
GuocoLand snags the PropTech - Real Estate award at the SBR Technology Excellence Awards 2023.
GuocoLand clinches S$974m green loan to refinance Guoco Tower
GuocoLand plans to improve the tower’s air-conditioning and mechanical ventilation system, amongst others.
Mixing up the real estate formula with GuocoLand’s digital residential transaction system
The company wins in this year’s SBR Technology Excellence Awards.
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