Name

Allgreen Properties

Legal name

Allgreen Properties Limited

Website

https://allgreen.com.sg

Company type

Private

Founded year

1986

Operating status

Operating

Ownership category

akta.pro rank

Product category

Real Estate Development & Investment

NAICS

Rental and Leasing Services (532), Residential Property Managers (531311), Real Estate Property Managers (53131), Residential Building Construction (23611)

SIC

Real Estate (6500), Operators Of Apartment Buildings (6513), Hotels & Motels (7011), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Luxury Vacation Rental Management (BPAJAIAD), Multifamily (Apartment) Property Management (BPAJAGAD)

Keywords

• Property development services
• Residential real estate
• Retail mall operations
• Serviced apartment management
• Commercial property leasing

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development Sales: Allgreen develops and sells residential properties (condominiums, terrace and semi-detached units) across Singapore on freehold and 99-year leasehold tenures. Revenue is recognized upon completion and transfer of title to buyers. The company has developed 53 residential projects comprising approximately 11,000 units.
2. Retail, Commercial and Serviced Apartment Leasing: Allgreen earns recurring rental income from its portfolio of retail malls (Great World Mall, Pasir Ris Mall, Tanglin Mall, The Seletar Mall, Johor Bahru City Square), commercial office towers (Great World City Office Towers, Tanglin Place), and Great World Residences serviced apartments. Tenants include major brands such as Uniqlo, Cold Storage, Best Denki, and GV Grand cineplex.
3. Hotel Operations: Allgreen operates Hotel Jen Tanglin Singapore, a 565-room hotel centrally located near Orchard Road. Revenue is generated through room bookings and associated hotel services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Allgreen Properties develops, invests in, and manages a diversified Singapore-focused real estate portfolio comprising residential condominiums, retail malls, commercial office towers, serviced apartments, and a hotel. The group has delivered 53 residential projects totalling approximately 11,000 units, operates five shopping destinations in Singapore and Malaysia, and runs the 565-room Hotel Jen Tanglin Singapore and the 304-unit Great World Residences serviced apartment complex within its flagship Great World City integrated development.

Product overview

Allgreen Properties operates a diversified real estate portfolio across residential, retail, commercial, serviced apartments, and hospitality sectors. Its residential portfolio includes both current projects (Promenade Peak, Bedok Rise GLS, Pasir Ris 8, Royalgreen, Juniper Hill, Fourth Avenue Residences) and past projects (53 residential projects totaling approximately 11,000 units). The retail portfolio spans six major shopping destinations: Great World Mall, Pasir Ris Mall, Tanglin Mall, Tanglin Place, The Seletar Mall, and Johor Bahru City Square. Commercial offerings include Great World City Office Towers. Hospitality assets include Hotel Jen Tanglin Singapore and Great World Residences (serviced apartments). A loyalty programme called Great Rewards links the shopping malls. The company operates as a platform of distinct property brands across different asset classes rather than a unified software product.

Differentiator

Problem solved

Functional benefit

Brands

• Great Rewards: Card-less loyalty programme for shopping at Great World, Pasir Ris Mall, Tanglin Mall and The Seletar Mall

Products and services

• Promenade Peak A new high-rise residential development featuring 596 units located at 1 Zion Promenade, marketed to Singapore residential buyers.
• Bedok Rise GLS A new residential development with direct access to the upcoming Tanah Merah Interchange Station, marketed to residential buyers in eastern Singapore.
• Pasir Ris 8 The first integrated development in the heart of Pasir Ris featuring a polyclinic, childcare centre, shopping mall, and integrated transport hub.
• Royalgreen A low-rise freehold residential development in Bukit Timah, Prime District 10, marketed to residential buyers.
• Juniper Hill A freehold residential development nestled on higher ground within the prestigious Bukit Timah-Tanglin enclave, comprising 115 exclusive units.
• Fourth Avenue Residences A collection of 476 exclusive residential homes nestled amidst lush greenery and Good Class Bungalow Areas in Prime District 10.
• Great World Residences One of Singapore's largest serviced apartment complexes with 304 fully furnished units (one- to four-bedroom apartments and penthouses) plus comprehensive facilities, targeting expatriates, business travellers, and relocators.
• Hotel Jen Tanglin Singapore A 565-room hotel centrally located near Orchard Road, offering accommodation to business and leisure travellers with walking access to Orchard Road and the UNESCO heritage Singapore Botanic Gardens.
• Great World Mall A one-stop lifestyle mall featuring over 200 retailers, located just outside Orchard Road with Great World (TEL) station accessibility and over 900 parking lots, leased to retail tenants.
• Pasir Ris Mall A shopping mall in the heart of Pasir Ris with over 150 brands across dining, education, fashion, entertainment, and services, accessible via Pasir Ris MRT Station and the Cross Island Line.
• Tanglin Mall A four-storey one-stop lifestyle mall with over 100 shops, restaurants, and services strategically located at the junction of Tanglin Road and Grange Road, catering to an affluent catchment.
• Tanglin Place A four-storey building with a Tudor-style facade at the junction of Tanglin Road and Tomlinson Road, housing retail tenancies within walking distance of Orchard Road.
• The Seletar Mall A family-friendly shopping mall in Sengkang with over 130 brands in dining, fashion, entertainment, enrichment, and services, connected via Fernvale Light Rail Transit station.
• Johor Bahru City Square An iconic shopping destination in Johor Bahru, Malaysia spanning 6 floors with over 200 retailers and 1,250 parking lots, located near JB Sentral / CIQ checkpoint.
• Great World City Office Towers Two 18-storey office towers connected by a 4-storey podium offering over 320,000 square feet of office space, strategically located just outside Orchard Road with quick access to the CBD.

Quantifiable outcome

• Zyon Grand sold 84% of 706 units (590 units) on launch weekend at ~$3,050 psf

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Kuok SingaporecoreStrategic or Co-development Partner · 11 March 2026Allgreen Properties and Kuok Singapore (also part of the Kuok Group) completed the joint purchase of 78 Shenton Way for S$600–630 million. The two companies intend to hold the property as landbank without immediate redevelopment plans.
• Kerry Properties LimitedcoreStrategic or Co-development PartnerAllgreen has entered into various joint ventures with Kerry Properties Limited Hong Kong to develop mixed-use developments in Shanghai (Kerry Parkside), Tianjin (Tianjin Kerry Centre, Tianjin Arcadia Court), Chengdu (Arcadia Court), Qinhuangdao (Habitat), Shenyang (Shenyang Kerry Centre, Arcadia Heights), and Tangshan (Mixed Developments) in the People's Republic of China.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Wing Tai Properties: Wing Tai Properties is a Singapore-listed developer of premium residential and mixed-use developments (Le Nouvel, The Lincoln Modern). Its focus on prime-district Singapore residential developments and selective commercial/retail ownership is comparable to Allgreen's residential-led investment platform.
• GuocoLand Limited: GuocoLand is a Singapore-listed property developer developing residential, commercial and mixed-use developments across Singapore, Malaysia, China and Vietnam. Its Singapore focus on integrated mixed-use developments (e.g., Tanjong Pagar Centre/Wallich Residence) and selective regional expansion makes it closely comparable to Allgreen.
• City Developments Limited (CDL): City Developments Limited is a Singapore-listed diversified real estate developer with a portfolio spanning residential, commercial offices, retail malls (including The Republic of Singapore), hotels (M&C) and serviced apartments. Like Allgreen, CDL develops prime-district Singapore condominiums, owns and operates office and retail assets, and has a hospitality arm — making it the closest direct peer in business model, scale, and Singapore-centric strategy.
• UOL Group Limited: UOL Group is a Singapore-listed property group developing residential, commercial offices (United Industrial buildings), hotels (Pan Pacific, Parkroyal) and retail. Its portfolio mix and Singapore-centric strategy with hospitality operations (Pan Pacific) is structurally similar to Allgreen's Hotel Jen and integrated developments.
• Frasers Property Singapore: Frasers Property develops and manages residential, retail (including Waterway Point, Northpoint City), commercial, and serviced residences across Singapore and the region. Its multi-asset-class strategy in Singapore and integrated mixed-use projects make it a direct peer to Allgreen.
• Far East Organization: Far East Organization is one of Singapore's largest private property developers, with residential (Orchard Scotts, The Clement), hospitality (Far East Hospitality hotels and serviced residences), retail (Clarke Quay Central), and commercial assets. As a large private Singapore developer with an integrated platform, it is directly comparable to Allgreen.
• Hong Leong Group (Hong Leong Holdings): Hong Leong Holdings is a private Singapore real estate developer that develops residential, commercial and industrial properties and operates the Hong Leong Group's Singapore real estate interests. As a private Singapore developer with integrated mixed-use projects, it is a direct peer to Allgreen's residential and investment property business.
• Ascott Limited (CapitaLand): The Ascott Limited is the serviced residence business of CapitaLand, operating one of the largest serviced apartment networks in Asia. It is a direct comparable to Allgreen's Great World Residences business in terms of customer use case (long-stay business travelers and expatriates), unit configuration, and central Singapore locations.

Broad incumbents

• Keppel Ltd (Keppel Land): Keppel Land is the property arm of Keppel Ltd, developing residential, commercial (including Keppel Bay Tower, HarbourFront) and mixed-use projects across Singapore and Asia. While broader and more diversified industrially than Allgreen, its Singapore residential and commercial portfolio provides a useful scale comparable.
• CapitaLand: CapitaLand is Asia's largest diversified real estate group with operations across residential development, retail malls (CapitaLandMalls), offices (CapitaLandCommercial Trust), serviced residences (The Ascott) and lodging. It is significantly larger than Allgreen and operates regionally, but its integrated platform covering all of Allgreen's asset classes makes it a key comparable incumbent.

Market position

Weaknesses4 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@staygwr
• Facebookfacebook.com/greatworldsingapore
• LinkedInlinkedin.com/company/allgreen-properties-limited
• Instagraminstagram.com/greatworldsingapore

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

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 Allgreen Properties