Taiwan Land Development

What Taiwan Land Development does

Taiwan Land Development Corporation (台灣土地開發股份有限公司/TLDC), founded in 1964, is the oldest land development company in Taiwan and operates as a diversified real estate group through six business segments: construction engineering (via Taiwan Green Building Technology), logistics parks (including the Kinmen Logistics Park and Wanxiang Golden City BOT), department store retail (Hualien New Paradise and Kinmen Wind Lion Shop Street), real estate brokerage and property management (HouStores), recreation and leisure (Yunmeng Hill Eco Park, Taikai Happy Farm), and startup incubation (Custard Cream Startup Hub). The company has developed 30 completed industrial zones covering 3,976 hectares, with 6 additional zones covering 543 hectares in development, and has produced 70+ land development projects cumulatively. The group operates primarily through wholly-owned subsidiaries Taiwan Innovation Development Corp (established 2006), Taiwan Business Development Corp (2009), and Taiwan Green Building Technology Corp (2010). The company was listed on the Taiwan Stock Exchange (ticker 2841) from 1999 until delisting in June 2023 and is currently undergoing a leadership transition following the January 2026 removal of Chairman and General Manager Chiu Yu-yun, with Kirin Shipping Agency Co., Ltd. appointed as new Chairman and Zhan Cong-zhe as new General Manager. The company is engaged in multi-year litigation with the Taichung City Government over the Fengzhou Industrial Park Phase 2 project, in which it has invested over NT$1 billion, and is subject to an ongoing financial report investigation.

Name

Taiwan Land Development

Legal name

台灣土地開發股份有限公司

Website

https://tldc.com.tw

Company type

Public

Founded year

1964

Operating status

Operating

Headcount range

251–500 employees

Short description

Taiwan Land Development Corporation is Taiwan's oldest land developer, operating integrated land development, industrial parks, retail complexes, logistics parks, and leisure properties across Taiwan. It serves government bodies, industrial tenants, retail tenants, and consumers through diversified subsidiaries.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (237210), Real Estate Property Managers (53131), Lessors of Other Real Estate Property (53119)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Operators (No Developers) & Lessors (6510), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Regional & Land Use Planning (BPAHAKAE)

akta.pro secondary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

Keywords

• Land development services
• Industrial park development
• Real estate development
• Property management
• Retail property leasing

Headquarters

HQ city

Chungcheng

HQ country

Taiwan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Land Development Services: Core business of land acquisition, planning, development, and sales for industrial zones, commercial, and residential projects. Revenue generated through land sales, development fees, and management contracts with government bodies.
2. Property Management: Management of commercial properties including office spaces, industrial parks, logistics centers, and retail properties owned by the group.
3. Retail and Leisure Operations: Revenue from retail tenants, entertainment facilities, and leisure services at properties like Hualien New Paradise and Kinmen Wind Lion Shop Street. Includes tenant rent, admission fees, and service charges.
4. Logistics Park Operations: BOT development and operation of logistics parks including Kinmen Logistics Park, generating revenue through logistics services, storage, and trade facilitation.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Taiwan Land Development is an integrated real estate development company that acquires, plans, develops, and manages land assets across Taiwan. Its core offerings include industrial park development under government contracts, commercial and residential property development, retail and leisure property operations (Hualien New Paradise and Kinmen Wind Lion Shop Street), logistics park development (Kinmen Logistics Park), property management and real estate brokerage (HouStores), and startup incubation services.

Product overview

Taiwan Land Development (台灣土地開發/TLDC) is a land development company established in 1964, operating as a diversified real estate development group. The company operates six main business segments: 1) Construction (建築營造事業) through subsidiary 台灣綠建科技, 2) Logistics Parks (物流園區事業) including 金門物流園區, 3) Department Store Retail (百貨零售事業) featuring 花蓮新天堂樂園 and 金門風獅爺商店街, 4) Real Estate Brokerage and Property Management (房仲屋管事業), 5) Recreation and Leisure (遊憩休閒事業) including 雲夢山丘生態園區 and 台開心農場, and 6) Startup Incubation (新創育成事業) through 卡市達創業加油站. The company also maintains subsidiaries 台灣創新發展 (cultural creative development) and 台灣工商發展 (commercial development). Core services span land acquisition, urban renewal, asset regeneration, green energy, and property management across Taiwan, including notable developments in Taipei, Taichung, Kaohsiung, Hualien, and Kinmen. The group is positioning itself with cultural creativity and technology innovation as core values, having completed over 70 land development projects and developed 30 industrial zones totaling 3,976 hectares.

Differentiator

Problem solved

Functional benefit

Brands

• 花蓮新天堂樂園: Retail shopping, entertainment, and leisure destination in Hualien combining technology, sports, entertainment and cultural broadcasting spaces.
• 風獅爺商店街
• 雲夢山丘生態園區
• 台開心農場
• 陽光實驗室
• 風獅爺免稅店
• 金門工商休閒園區

Products and services

• Industrial Park Development Services

Named customers4 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

Partnerships

Eight partnerships are on record, tiered major, core and minor.

• Taichung City Government (台中市政府)majorStrategic or Co-development PartnerPartnership for Fengzhou Industrial Park Phase 2 development project, originally contracted in 2011. Project currently in litigation following Taichung City's unilateral contract termination.
• Kinmen County Government (金門縣政府)majorStrategic or Co-development PartnerGovernment partner for Kinmen Logistics and Commercial BOT project including Wind Lion Shop Street development and operations.
• Hualien County Government (花蓮縣政府)coreStrategic or Co-development PartnerPartnership for Hualien New Paradise development and regional tourism/leisure development initiatives.
• Kaohsiung City Government (高雄市政府)minorStrategic or Co-development PartnerRegional partnership for development projects in southern Taiwan.
• National Quemoy University (國立金門大學)minorStrategic or Co-development PartnerAcademic partnership including architecture student design exhibitions at Wind Lion Shop Street and NT$100,000 scholarship sponsorship for Kinmen students.
• Jibiao Creative Marketing (吉標創意行銷有限公司)minorGTM or Marketing PartnerCo-organizer of Mofy棉花小兔 ESG charity running event and experiential marketing activities at retail properties.
• Chunghua Excellence Sports Development Association (中華卓越運動發展協會)minorGTM or Marketing PartnerCo-organizer of 'Run for Love' charity running event supporting ESG initiatives.
• Chu Space (築空間)minorGTM or Marketing PartnerCultural/creative space operator at retail properties under the group.

Scale indicators6 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Ruentex Development Co., Ltd. (潤泰創新國際): Taiwan-listed mixed-use and residential developer with portfolio spanning urban renewal, commercial complexes, and integrated developments. Comparable business model focused on integrated land use planning and regeneration.
• KINDOM Development Co., Ltd. (太子建設): Taiwan-based diversified developer covering residential, commercial, and industrial property development. Comparable portfolio breadth and Taiwan-centric operating model to TLDC.
• Huaku Development Co., Ltd. (華固建設): Taiwan real estate developer specializing in residential and commercial property development with focus on urban locations. Comparable in core land acquisition, planning, and development activities, though with less industrial park focus.
• Prince Housing & Development Corp (太子建設) / Continental Holdings Corp (continental): Taiwan-based diversified holding company with real estate, construction, and retail operations. Comparable mixed business portfolio covering construction, retail, and real estate asset management in Taiwan.
• Farglory Land Development Co., Ltd. (遠雄建設): Taiwan real estate developer active in large-scale residential communities, commercial properties, and industrial parks. Highly comparable to TLDC due to its diversified land development pipeline and significant government engagement.
• Cathay Real Estate Development Co., Ltd. (國泰建設): Major Taiwan-based residential and commercial real estate developer listed on TWSE. Comparable as a domestic land/real estate developer serving both residential and commercial markets in Taiwan, with a similar project-based development model.

Broad incumbents

• CapitaLand Investment Limited: Asia-Pacific focused real estate investment manager with substantial industrial/logistics park and integrated development portfolio. Comparable in industrial park development expertise, though operates primarily as a capital partner rather than a principal developer like TLDC.
• Frasers Property Limited: Singapore-listed diversified property developer with significant industrial, logistics, and mixed-use developments across Asia. Comparable as a multi-segment land and property developer with industrial/logistics park operations.
• Sun Hung Kai Properties Limited: Hong Kong-based diversified real estate developer operating across residential, commercial, industrial, and logistics properties in Greater China. Comparable as a large-scale integrated land/property developer with mixed-asset portfolio including industrial and logistics parks.

Emerging players

• ESR Group Limited: Asia-Pacific focused industrial and logistics real estate platform. Comparable in industrial park and logistics property development focus, though with a regional/cross-border rather than Taiwan-domestic orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/taiwan-land-development-corp-2841-

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries8 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 Taiwan Land Development