Hiap Heng Group

What Hiap Heng Group does

Hiap Heng Heavyequipment Co. Pte Ltd is a Singapore-based, privately-held heavy equipment rental and engineering services company founded in 1983. It operates through three divisions — Heavyequipment (crane rental up to 220 tonnes, heavy transport, commercial vehicles, aerial work platforms), Engineering (turnkey project management, equipment shifting and installation, load testing and calibration, lifting gear customisation, hydraulic jacking equipment moving), and Auto (vehicle spray painting, servicing, and repairs via the Hiap Heng Auto subsidiary acquired in 1992). A second subsidiary, Hiap Heng Engineering Pte Ltd, was established in 2019 to serve the precision engineering industry with more complex lifting and project management work.

The company monetises primarily through time-based rental contracts for cranes, trailers, and aerial work platforms, supplemented by professional services revenue from certified crane erection and dismantling, engineering project management, load testing, and automotive workshop services. Pricing is quote-based and not publicly disclosed. Its GTM is direct sales-led, targeting enterprise construction firms (Samwoh, China Harbour Engineering Company, Hiap Seng Engineering, Hock Hai Engineering), infrastructure operators (oil refinery and water reclamation plants), and precision engineering firms (HS Compression & Process). Competitive moat rests on MOM-certified erectors, ISO 9001/14001/OHSAS 18001/BizSafe Star certifications, Authorised Examiner-endorsed lifting gear, and a capital-intensive diversified fleet. Recent strategic partnerships with Denzai (heavy lifting up to 350 tonnes, battery recycling) and GoRental Global (portable battery energy storage systems for construction) signal expansion into higher-capacity lifting and clean-energy equipment. Operations remain Singapore-domiciled with no disclosed geographic expansion.

Name

Hiap Heng Group

Legal name

Hiap Heng Heavyequipment Co. Pte Ltd

Website

https://hiapheng.com.sg

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1–10 employees

Short description

Hiap Heng is a Singapore-based heavy equipment rental and engineering services company founded in 1983, operating a diversified crane fleet (up to 220 tonnes), heavy transport, aerial work platforms, and turnkey engineering services for construction, infrastructure, and precision engineering clients.

Ownership category

akta.pro rank

Product category

Heavy Equipment Rental & Engineering Services

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531)

akta.pro primary industry

Cranes & Heavy Lifting Equipment Rental/Leasing (TLABAFAD)

akta.pro secondary industries

Crane & Hoist Installation, Inspection & Maintenance Services (IMAHAJAM), Cranes, Hoists & Rigging Equipment MRO (Mobile/Tower Cranes, Winches) (TLAKAHAE), Crane & Hoist Safety & Monitoring Systems (Limiters, Anti-collision, Load Monitoring) (IMAHAJAL)

Keywords

• Heavy equipment rental
• Crane rental services
• Engineering project management
• Heavy transport services
• Aerial work platforms

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Crane Rental: Rental of mobile cranes (up to 220-ton), crawler cranes, lorry cranes, aerial work platforms (boom lifts, scissor lifts). Revenue is generated through time-based rental contracts with construction and infrastructure companies.
2. Crane Erection & Dismantling: Certified assembly and dismantling of crawler cranes for customers, performed by Ministry of Manpower-certified erectors.
3. Heavy Transport Rental: Rental of 40-feet trailers with prime movers, tow trucks, and lorry cranes for heavy cargo movement.
4. Commercial Vehicle Rental: Rental of lorries and double-cabin pick-ups as a one-stop service solution for customers.
5. Repair & Maintenance Services: Equipment repair and re-conditioning services performed by experienced mechanics with direct training from crane agents, aimed at reducing equipment downtime.
6. Engineering Services (Turnkey Projects): Project management for turnkey projects including equipment shifting, installation, load testing, calibration, lifting gear customisation, and equipment moving using hydraulic jacking systems.
7. Automotive Services: Vehicle spray painting, car servicing, and repairs through Hiap Heng Auto Co. Pte Ltd.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Hiap Heng Group, through Hiap Heng Heavyequipment Co. Pte Ltd, rents mobile, crawler, and lorry cranes (up to 220 tonnes) and provides certified crane erection and dismantling services. It complements this with heavy transport (40-feet trailers, tow trucks, lorry cranes), aerial work platforms (boom and scissor lifts), and engineering services including turnkey project management, equipment shifting and installation, load testing and calibration, lifting gear customisation, and hydraulic jacking-based equipment moving. The group also operates an automotive services arm (Hiap Heng Auto Co Pte Ltd) for vehicle spray painting, servicing, and repairs.

Product overview

Hiap Heng Heavyequipment Co. Pte Ltd operates as a diversified heavy equipment and engineering services company offering a unified portfolio of crane rental (mobile, crawler, and lorry cranes up to 220 tonnes), heavy transport rental, crane erection certified by MOM, and comprehensive engineering solutions including turnkey projects, equipment shifting, load testing, lifting gear customization, and aerial work platforms. The company also operates Hiap Heng Auto for automotive services. Recent strategic partnership with Denzai extends capabilities to include lifting capacities up to 350 tonnes and heavy lifting expertise. The portfolio is supported by in-house repair and maintenance services to minimize equipment downtime.

Differentiator

Problem solved

Functional benefit

Products and services

• Crane Rental

Quantifiable outcome

• 40-50% cost savings using portable battery energy storage vs diesel generators (via GoRental partnership)
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core and minor.

• DenzaicoreStrategic or Co-development PartnerDenzai and Hiap Heng signed a memorandum of understanding to establish a strategic partnership targeting Singapore's infrastructure and construction market. Denzai contributes its global heavy lifting expertise and equipment while Hiap Heng provides its fleet of rough-terrain and all-terrain cranes with lifting capacities up to 350 tonnes, heavy transport equipment, and mobile elevated work platforms. The partnership extends beyond equipment to include emerging areas such as end-of-life battery recycling.
• GoRental GlobalminorStrategic or Co-development PartnerGoRental Global, a Singapore-based clean-energy firm, provides its EH-ONE+ portable battery energy storage systems to construction companies including Hiap Heng Group as an alternative to diesel-powered generators. Hiap Heng has adopted this technology for its construction projects, achieving cost savings of 40-50% compared with traditional gen-sets.

Scale indicators6 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Tat Hong Holdings: SGX-listed crane and heavy equipment rental group with a long-standing Singapore footprint across mobile, crawler, and tower cranes. Closest direct comparable to Hiap Heng in business model (rental-led), core offering (cranes and heavy transport), and primary geography (Singapore).
• Tiong Woon Corporation: SGX-listed Singapore crane and heavy equipment specialist covering rental, lifting, and project services across Asia. Comparable in scale, customer mix (construction and infrastructure), and integrated lifting-solutions positioning to Hiap Heng.
• Denzai Group: Japanese heavy lifting specialist and Hiap Heng's strategic partner under the Singapore-market MOU. Overlaps directly in mobile and all-terrain crane rental, heavy transport, and infrastructure project execution, with Denzai contributing global expertise and Hiap Heng providing local fleet and erection.

Broad incumbents

• Sarens: World's largest crane rental and heavy lifting company (Belgian-headquartered, global). Overlaps with Hiap Heng on crawler and mobile crane rental and engineered heavy lifting, but operates at vastly larger scale and global footprint.
• Mammoet: Dutch-headquartered global leader in heavy lifting and engineered transport for energy, petrochemical, and civil infrastructure. Comparable offering on large-tonnage cranes, hydraulic jacking, and modular transport, but with multi-continental footprint versus Hiap Heng's Singapore-only base.

Regional players

• Maxim Crane Works: One of North America's largest crane rental operators with a fleet spanning mobile and crawler cranes. Comparable business model and offering to Hiap Heng, but operates primarily in the US rather than Singapore/SEA.

Others

• Tadano: Japanese manufacturer of all-terrain, rough-terrain, and crawler cranes, and supplier of the Tadano ATF models (110G-5, 220G-5) that Hiap Heng pioneered in Southeast Asia. Comparable in the broader crane industry value chain, but primarily an OEM rather than a direct rental competitor.
• Liebherr: Swiss/German family-owned manufacturer of mobile, crawler, and tower cranes plus other heavy equipment. Sits in the same broad crane industry value chain as Hiap Heng, but is predominantly an OEM serving rental operators rather than a direct Singapore competitor.
• Manitowoc Company: US-based manufacturer of crawler, mobile, and tower cranes (Grove, Potain, Manitowoc brands). Connected to Hiap Heng through the broader crane value chain, but operates as an OEM rather than a rental services peer.
• Kobelco Construction Machinery: Japanese manufacturer of crawler cranes, excavators, and demolition machinery. Overlaps with Hiap Heng through the crane industry value chain (notably the CKE/CKS crawler models referenced in Hiap Heng's erection certifications), but primarily an OEM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hiap-heng

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hiap Heng Group