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.
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.
GuocoLand, OCBC, Doxa to develop digital platform for dev’t projects transactions
This will be ready by October and will be piloted through Meyer Mansion.
GuocoLand to develop three 25-storey towers in Lentor Hills
It is expected to be ready for launch in H2 2022.
GuocoLand partners with local enterprises for digitalisation
The group eyes to implement more than 20 projects over the next two years in line with its digitalisation drive.
GuocoLand names Vito Koh Leong Huat as managing director
He has 23 years of experience in the real estate industry.
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