Park Colonial Developers
Spearheading the Group’s portfolio in property development and investments, CEL has over the years established herself as one of the industry’s fastest rising name. With development projects and investment interests in Singapore, Australia and Vietnam, CEL Development Pte Ltd has established impressive growth in the recent years.
Being a dynamic organization, we’ve built our success on the foundations of solid ethical practices and quality standards supported by our vast expertise in the areas of construction, property development and property investment.
With a strong synthesis of youth and experience in our ranks, we are able to leverage on these expertise as a group to continually push benchmarks in construction and quality, much akin to our corporate vision.
And with our valued standard practices and dynamic approach, we strive to deliver our promise of quality homes for today and tomorrow.
CEL’s Vision: “To be a leading multi-discipline property development company of choice, one is synonymous with creating quality homes with outstanding build quality and investment value, thereby creating sustainable value to its shareholders and customers and being a socially responsible corporate organization”.
As a boutique property developer, the Group has a niche focus on developing distinctive and high quality residential properties in Singapore’s choice districts. Among its completed projects are DLV at Dalvey Road, The Element@Stevens at Steven Road, detached and semi-detached houses along Holland Road, as well as a joint-venture project, The Lumos at Leonie Hill.
Heeton has also formed strong partnerships with other established property developers to develop properties locally and in the region. Such properties include Lincoln Suites off Newton Road, The Boutiq at Killiney Road, Sky Green at MacPherson Road, and Twins at Damansara Heights, Kuala Lumpur.
Heeton prides itself on building exceptional and uniquely designed homes that measure up to international standards. As testament to its commitment to innovation and cutting-edge design, the Group has brought in YOO Inspired by Starck, a world-renowned design company co-founded by designer Philippe Starck and British developer John Hitchcox, to design the interiors and landscaping of iLiv@Grange.
Heeton’s growth in the property industry is underpinned by a stable portfolio of investment properties that includes Tampines Mart, The Woodgrove, Sun Plaza and El Centro. The Group has also ventured into the hospitality sector, via a significant stake in Mercure Hotel, located in the popular tourist destination of Pattaya, Thailand.
KSH is an A1-graded contractor under BCA CW01, with the ability to tender for Public Sector Construction projects of unlimited value, and is a main contractor for both the public and private sectors in Singapore. The Group also has an A2 grade under BCA’s CW02 category for civil engineering, allowing KSH to tender for Public Sector projects for values of up to $85 million.
KSH has an established track record of handling construction projects across a broad spectrum of industries, and its projects have performed well in CONQUAS, a standard assessment system on the quality of building projects. KSH had won several BCA Construction Excellence Awards including that for Fullerton Bay Hotel and NUS University Town’s Education Resource Centre in 2013 and Madison Residences in 2014, amongst others.
Through strategic alliances and joint ventures, KSH’s property development and investment presence spans across various real estate sectors including residential, commercial, hospitality, and mixed-use developments. Apart from having successfully executed residential and mixed-use development projects in Singapore and the People’s Republic of China (“PRC”), it has jointly acquired properties in other geographies including the United Kingdom, Australia, Malaysia and Japan. It will continue to explore opportunities in new geographies with favourable real estate cycles with a focus on Southeast Asia.
On the Property Investment front, the Group invests in yield-accretive assets that generate a sustainable stream of income with potential capital gains. Its investments include strata units in a 30-storey Grade A office development, Prudential Tower in Raffles Place, and a 36-storey retail and office complex, Tianxing Riverfront Square, in the heart of the business district of Tianjin, PRC.
The Group seeks to continue broadening its businesses and projects, and exploring opportunities in new markets while striving towards sustainable growth to enhance shareholder value.
Project Name : Park Colonial
Developer : Chip Eng Seng Corp, Heeton Holdings and KSH Holdings
Tenure of Land : 99 years
Estimated T.O.P. : T.B.A.
Address : Woodleigh Lane
More Info at Park Colonial
Developer: CEL Unique • Developer’s Licence No: C1252 • Tenure Of Land: Estate in Fee Simple • Mukim/Lot No: MK 3 LOTS 03389X & 05153A • Encumbrances On The Land: Mortgage in favour of Malayan Banking Berhad • Expected Date Of Vacant Possession: 31 December 2023 • Expected Date Of Legal Completion: 31 December 2026