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.
GuocoLand JV clinches Upper Thomson Road Parcel B tender
The URA accepted the JV's bid price of $779.6m.
GuocoLand JV clinches Upper Thomson Road Parcel B tender
The URA accepted the JV's bid price of $779.6m.
Why Lentor Mansion did ‘exceptionally well’ despite buyers’ price sensitivity
The development sold 75% of its units during its weekend launch.
Homebuyers snap up 75% of units at Lentor Mansion
The development sold all of its 2-bedroom units.
Lentor Mansion to attract extended families, landed homeowners
The development is the first project in the Lentor precinct to have 5-bedroom units.
GuocoLand posts 12% YoY higher profit of $66.2m in 1H24
The higher profit boosted the company’s earnings per share by 15% YoY.
Marina Gardens Crescent site attracts one bid; Media Circle receives 3
A GuocoLand-led consortium was the sole bidder for Marina Gardens Crescent.
Guoco Midtown's retail space achieves full occupancy
The mixed-use development has 50,000 sq ft of retail space.
GuocoLand, CDL place top bids for Lentor Central, Champions Way sites
Tenders for both land parcels closed on 12 September.
GuocoLand’s profit drops 47% YoY to $207.1m in FY23
The company recorded a profit decline despite a 60% YoY jump in revenue.
GuocoLand bags $498.6m funding for Lentor Gardens site development
It secured funding from DBS Bank and OCBC.
SBR Technology Excellence Awards 2023 Winner: GuocoLand
GuocoLand snags the PropTech - Real Estate award at the SBR Technology Excellence Awards 2023.
GuocoLand clinches S$974m green loan to refinance Guoco Tower
GuocoLand plans to improve the tower’s air-conditioning and mechanical ventilation system, amongst others.
Mixing up the real estate formula with GuocoLand’s digital residential transaction system
The company wins in this year’s SBR Technology Excellence Awards.
GuocoLand-led JV clinches $486.8m Lentor Gardens site
The site spans 235,371 sq ft.
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.
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