Singhaiyi

Name

Singhaiyi

Legal name

SingHaiyi Group Pte Ltd

Website

https://singhaiyi.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operators Of Nonresidential Buildings (6512), Investors, Nec (6799)

akta.pro primary industry

Condominium Association Management (BPAJAHAA)

akta.pro secondary industries

Condo & Apartment Rentals (Urban/Resort) (THAGANAB), Specialty Real Assets / Niche Strategies (Marinas, Student Housing, Self-Storage, Life Science RE) (FSANAEAO)

Keywords

• Property development
• Residential condominiums
• Real estate investment
• Hospitality operations
• Commercial properties

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Property Development: Revenue generated from the sale of residential units in newly developed condominiums and mixed-use developments. This includes ongoing projects like Vela Bay, Grand Dunman, TMW Maxwell, One Sophia, Sora, Skywaters Residences, and Golden Mile Singapore/Aurea. Revenue is realized upon completion and transfer of units to buyers.
2. Property Investment: Rental income from commercial and retail properties including Komo Shoppes (retail and F&B), 9 Penang Road (office and retail), CES Centre (office), and Alexandra Central (retail units). Properties generate recurring rental income from tenants.
3. Hospitality: Revenue from hospitality operations including Momentus Hotel Alexandra in Singapore (442 rooms), Hyatt Regency Samarafushi Maldives (130 villas), Grand Park Kodhipparu Maldives (120 rooms), and Grosvenor Hotel Adelaide Australia (181 rooms).

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

SingHaiyi develops and sells new residential condominium units in Singapore across multiple ongoing projects, including Vela Bay, Grand Dunman, TMW Maxwell, One Sophia, Sora, Skywaters Residences, and Golden Mile Singapore/Aurea. Beyond residential development, the company owns and leases commercial and retail properties (such as 9 Penang Road, Komo Shoppes, CES Centre, 205 Queen Street, Hindley Street) and operates hotels and resorts (Momentus Hotel Alexandra, Hyatt Regency Samarafushi Maldives, Grand Park Kodhipparu, Grosvenor Hotel Adelaide). A Malaysia-based retail mall fund investment (ARA Harmony Fund III) and mixed-use pipeline project (28 Lyall South Perth, Australia) round out the cross-border portfolio.

Product overview

SingHaiyi is a diversified real estate company focused on property development, investment, hospitality and management services. The company's product portfolio consists of residential condominium developments (ongoing projects including Vela Bay, TMW Maxwell, Grand Dunman, One Sophia, Sora, Skywaters Residences, and Golden Mile Singapore/Aurea), completed residential projects (including Kopar at Newton, Parc Clematis, Parc Komo, The Gazania, Park Colonial, The Lilium, Grandeur Park Residences, High Park Residences, City Suites, The Vales, CityLife@Tampines), commercial property investments (9 Penang Road office and retail, Komo Shoppes retail, CES Centre office, Alexandra Central retail), and hospitality assets (Momentus Hotel Alexandra, Hyatt Regency Samarafushi Maldives, Grand Park Kodhipparu, Grosvenor Hotel Adelaide). Operations span Singapore, Australia/New Zealand, United States, Malaysia, and The Maldives.

Differentiator

Problem solved

Functional benefit

Brands

• Momentus Hotel Alexandra: Hotel with 442 rooms located in Alexandra Road, Singapore
• TMW Maxwell
• Grand Dunman
• One Sophia / The Collective at One Sophia
• Sora
• Skywaters Residences
• Golden Mile Singapore / Aurea
• Vela Bay

Products and services

• Vela Bay A 515-unit, 99-year leasehold condominium development in Singapore's new Bayshore precinct along East Coast Park, offering sea-facing views and MRT connectivity to individual buyers (HDB upgraders, investors, and family downshifters).
• TMW Maxwell A mixed-use development with 324 residential units and 11 commercial units at 31 Tras Street, Singapore (Tanjong Pagar area), expected completion 2027, targeting owner-occupiers and investors seeking city-fringe residential and retail exposure.
• Grand Dunman A 1,008-unit private residential condominium at Dunman Road, Singapore, expected completion 2028, marketed to Singaporean HDB upgraders and investors.
• One Sophia / The Collective at One Sophia A mixed-use development with 122 strata office units, 127 strata commercial units, and 367 apartment units at 1 Sophia Road, Singapore, expected completion 2029, offering office, retail, and residential strata space to investors and owner-occupiers.
• Sora A 440-unit condominium development at 72-78 Yuan Ching Road in Jurong Lake District, Singapore, marketed primarily to investors and upgrader families seeking waterfront Jurong exposure.
• Skywaters Residences A mixed-use integrated development at 8 Shenton Way in Singapore's CBD, comprising residential, office, and retail components for CBD owner-occupiers, investors, and corporate tenants.
• Golden Mile Singapore / Aurea A mixed-use development at Beach Road comprising 19 medical units, 188 residential units, and 156 commercial units, with the Aurea (45-storey) and TGM (22-storey) towers, marketed to a mix of residents, medical tenants, and retail/commercial occupants.
• 28 Lyall South Perth A mixed-use development with 98 residential units and 12 commercial units in South Perth, Australia, on freehold tenure, in the pipeline stage for future launch.
• 9 Penang Road An eight-level office and two-level retail commercial property at 9 Penang Road in Singapore's Orchard Road area, held as an investment asset generating rental income from office and retail tenants.
• Komo Shoppes A two-storey commercial podium for retail and F&B use at 963C Upper Changi Road North, generating rental income from retail and food-and-beverage tenants.
• 205 Queen Street 17-storey and 22-storey Grade A office towers with a retail podium at 205 Queen Street, Auckland CBD, New Zealand, held for recurring rental income from corporate office tenants.
• Hindley Street Two-storey commercial buildings with basement commercial units at 72, 74-82 & 80-82 Hindley Street, Adelaide, Australia, generating rental income from retail and commercial tenants.
• ARA Harmony Fund III A Malaysia retail mall fund investment spanning multiple properties including 1 Mont Kiara Mall, AEON Mall Malacca, Citta Mall, Ipoh Parade, and Klang Parade, generating fund-level investment income.
• Momentus Hotel Alexandra A 442-room hotel in Singapore, operated by SingHaiyi's hospitality subsidiary Momentus Hospitality, catering to business and leisure travelers in the Alexandra area.
• Hyatt Regency Samarafushi Maldives A 130-villa resort in North Male Atoll, Maldives, managed under the Hyatt Regency brand for leisure and luxury travelers.
• Grand Park Kodhipparu A 120-room resort in the Maldives, operated for leisure guests in the Kodhipparu area.
• Grosvenor Hotel Adelaide An 181-room hotel at North Terrace, Adelaide, Australia, managed by Accor under the Grosvenor brand, serving business and leisure travelers.

Quantifiable outcome

• 99% take-up rate achieved at Tengah Garden Residences launch weekend
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• CNQC RealtycoreStrategic or Co-development Partner · 3 May 2026Partnership with CNQC Realty and other consortia members for acquiring residential development sites in Singapore as part of Chinese developer presence in Singapore property market.
• Forsea ResidencecoreStrategic or Co-development Partner · 3 May 2026Consortia partnership involving Forsea Residence for residential site acquisitions in Singapore.
• Qingjian RealtycoreStrategic or Co-development Partner · 3 May 2026Consortia partnership with Qingjian Realty for Singapore residential development site acquisitions.
• Kingsford GroupminorStrategic or Co-development Partner · 3 May 2026Chinese developer Kingsford Group mentioned as competitor in Singapore land market, acquiring plots in Lentor Hills and Telok Blangah Road for combined S$1.35 billion.
• Chuan CapitalcoreStrategic or Co-development Partner · 27 April 2026Joint venture partnership for Vela Bay development in Singapore's Bayshore precinct. SingHaiyi and Chuan Capital collaborated on this 515-unit condominium project, with Vela Bay selling 72% of units at S$2,886 psf during launch weekend.
• Hong Leong HoldingscoreStrategic or Co-development Partner · 27 April 2026Joint venture partners for Tengah Garden Residences, an 863-unit development that achieved 99% take-up at S$2,120 psf. Mentioned alongside GuocoLand and CSC Land Group as comparison to SingHaiyi's Vela Bay performance.
• GuocoLandcoreStrategic or Co-development Partner · 27 April 2026Joint venture partner for Tengah Garden Residences with Hong Leong Holdings and CSC Land Group.
• CSC Land GroupcoreStrategic or Co-development Partner · 27 April 2026Joint venture partner for Tengah Garden Residences with Hong Leong Holdings and GuocoLand.
• Loyang Valley Unit OwnerscoreOthers · 17 April 2026SingHaiyi-led consortium acquiring Loyang Valley condominium for S$880 million. Unit owners set to receive between S$1.67 million and S$3.91 million per property upon completion of the transaction.
• Suntec Real Estate Investment Trust (Suntec Reit)coreStrategic or Co-development Partner · 19 March 2026Suntec Reit is considering injection of 9 Penang Road commercial development from its new sponsor Tang Organization into its portfolio. SingHaiyi owns 9 Penang Road, and analysts speculate potential acquisition by Suntec Reit as part of Tang Organization's strategic review.
• GRC (formerly OKH Global)coreStrategic or Co-development Partner · 5 January 2026GRC is the listed construction arm of SingHaiyi Group, largely controlled by Tang Organization with 65.43% stake. GRC serves as key contractor for Singapore's HDB projects and is involved in construction of SingHaiyi developments.

Scale indicators14 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Hong Leong Holdings: Singapore private residential developer identified as SingHaiyi's JV partner on Tengah Garden Residences. Operates with a similar development-and-invest model across Singapore condominium and mixed-use projects.
• IOI Properties Group: Malaysian-listed developer with integrated township, residential condominium, commercial and hospitality assets. Comparable as a regional peer for SingHaiyi's Malaysia retail mall investment (ARA Harmony Fund III) and broader mixed-use development model.
• GuocoLand: Singapore-listed developer named in SingHaiyi's data as a joint venture partner on Tengah Garden Residences. Develops mid- to high-end condos and mixed-use projects in Singapore (e.g., Lentor Modern, Tanjong Pagar) using a similar land tender JV strategy.
• CSC Land Group: Singapore-based developer and JV partner on Tengah Garden Residences with overlapping mid-market to mid-luxury condo positioning, focused on government land sales sites in Singapore.
• City Developments Limited (CDL): One of Singapore's largest listed real estate developers with a comparable focus on residential condominium development, commercial investment properties, and integrated developments. Operates a similar business model combining development with investment holdings and hospitality assets.
• Frasers Property: Singapore-listed multi-national developer with residential developments (e.g., North Gaia, Riviere), commercial investment properties, and hospitality assets across Asia and Australia — directly comparable in scope and asset mix to SingHaiyi's diversified real estate model.
• Wing Tai Asia: Singapore-listed developer and proprietor of branded residences/hotel assets with comparable exposure to luxury residential launches and hospitality investments in Singapore and the region.

Broad incumbents

• CapitaLand: Largest Singapore-headquartered real estate group with deep residential development pipeline in Singapore and across Asia, plus lodging and commercial REITs. A broader incumbent operating in the same residential/mixed-use space but with far greater scale and geographic reach than SingHaiyi.

Others

• CEL Development (merged entity): Identified in SingHaiyi's history as the merger partner that combined to form the current SingHaiyi Group entity. Operates in adjacent industrial/real estate development in Singapore, providing a useful comparison for the merged operating platform.

Regional players

• UEM Sunrise: Malaysian master developer of residential and mixed-use projects. Comparable peer for SingHaiyi's Malaysian mall exposures and as a regional benchmark for land-bank-led residential development in Southeast Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 Singhaiyi