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, CDL place top bids for Lentor Central, Champions Way sites
Tenders for both land parcels closed on 12 September.
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.
GuocoLand-led JV clinches $486.8m Lentor Gardens site
The site spans 235,371 sq ft.
What homebuyers want: Three key trends reshaping the property market
GuocoLand capitalised on these trends, resulting in 84% of Lentor Modern units sold in two days.
Global MNCs drive ‘strong’ Guoco Midtown take-up
To date, GuocoLand has achieved an 80% pre-commitment take-up.
GuocoLand attributable drops by 13% in first half
This is despite a 46% revenue growth.
Healthy takeup of Lentor Modern reflects resilience of the mass market: expert
Lentor Modern sold 84% of its units.
GuocoLand to open preview for Lentor Modern on 2 September
The private condominium will be completed in 2026.
The show gallery for Lentor Modern will be open for preview starting 2 September, GuocoLand announced.
Once completed in 2026, Lentor Modern will become the first private condominium launch in the Lentor neighbourhood in more than two decades.
Lentor Modern is situated on a 1.7-hectare site and comprises three 25-storey residential towers above a mall with more than 96,000 square feet (“sq ft”) of F&B and retail shops, a supermarket and a childcare centre.
GuocoLand profit ‘more than doubles’ to $392.7m in 2022
This reflects a 132% growth during the period.
Post-COVID property demand to buoy REITs earnings rebound
CICT, Frasers, and Mapletree Commercial Trust are best positioned to reap the benefits.
Guocoland profit attributable triples to $67.5m for H1 FY21/22
Revenue for the period also increased by 42% for the period, hitting a total of $452.7m.
GuocoLand partners with Showsuite to digitalise bookings, purchases
This completes GuocoLand's digital transformation of the home-buying process.
Guocoland prices $300m notes at 3.29%
The notes were released under its $3m Multicurrency Medium Term Note Programme.
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