Allgreen Properties has made itself a name in Singapore’s real estate business. It entered the real estate market in the 1980’s. In May 1999 Allgreen Properties Real Estate was listed in the stock exchange. Its exemplary work in the real estate sector has made it popular over the years. It is also among Singapore’s most prominent real estate companies. It has 35 subsidiaries and is associated with 13 companies. Allgreen Properties has developed a wide range of properties including residential spaces, offices and commercial spaces among others. It buys land from both individuals and groups and collaborates with the government by taking part in the land tender and has always followed the set rules.
Allgreen Properties Giant in Real Estate in Singapore
Despite being a giant in the real estate business, Allgreen Properties has not hesitated to join forces with other developers in the construction of projects. It has had joint ventures with Shanghai, Tangshan, and Tianjin among others. Its extensive portfolio of properties caters for a large pool of buyers. Allgreen Properties is keen to ensure it gives their customers the best services. Through its subsidiary Leo Property Management, Allgreen Properties is involved in the supervision of projects.
Allgreen Properties Developments in Singapore
It has worked on some of the most astonishing developments in Singapore. Allgreen Properties developed the Great World city which has 18 storeys. It has three basements, two office towers, and a three-story shopping mall. The complex also consists of 304 apartments that are complete and have been fully equipped. The rooms and offices have had high rates of occupancy which has led to the realization of high profits. The strategic location and the excellent facilities have also been a contributing factor to the high occupancy levels. The Great World City is located close to the Central Business District. The Great World City is one of the largest complexes in Singapore.
Allgreen Properties Tanglin Place
Allgreen Properties also developed the Tanglin place and mall which was a joint venture with Cascaden properties limited. The mall is a shopping complex that has three storeys. It has four basements and is located in prime district 10. Tanglin place is a four storey on approximately 34000 square feet. They are situated on Orchard Road which is a strategic location. The property is a source of income to Allgreen Properties. Allgreen Properties has also worked on other admirable projects such as Regency Park, Holland Residences, and Eastwood Ville among others. Recently it bought Fourth Avenue and Ewe Boon Road. It is set to develop Fourth Avenue and yield approximately 455 residential units.