Winning Partnership Between Trusted Developers
Euro Asia Realty (2022) Pte. Ltd.
Brought to you by leading developers KSH Ultra Unity Pte Ltd, H10 Holdings Pte Ltd and SLB Development Ltd.
The Arcady at Boon Keng is developed by a winning partnership of KSH Ultra Unity Pte Ltd, H10 Holdings Pte Ltd and SLB Development Ltd. Spearheaded by KSH Ultra Unity Pte Ltd, a subsidiary owned by KSH Holdings Limited, The Arcady at Boon Keng is set to be another iconic development along Serangoon Road.
KSH holds a 49 percent stake in the joint venture, while H10 is taking a 36 percent interest and Lian Beng Group-controlled SLB has the remaining 15 percent.
KSH Holdings Limited
KSH Holdings Limited (“KSH” or the “Group“) (“金成兴控股有限公司“) is a well-established Construction, Property Development and Property Investment group that was incorporated in 1979 and has been listed on the SGX-ST Mainboard since February 2007. It is also 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 has an established track record of handling construction projects across a broad spectrum of industries, and its projects have performed well in CONQUAS. KSH won several BCA Construction Excellence Awards including that for Fullerton Bay Hotel and NUS University Town’s Education Resource Centre in 2013, Madison Residences in 2014, as well as Mount Alvernia Hospital in 2016, amongst others. In 2019, KSH received the BCA Construction Excellence Award (Excellence) for NUS University Sports Centre and Construction Excellence Award (Merit) for Heartbeat@Bedok.
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 (the “PRC”), the Group 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.
The Group seeks to continue broadening its businesses and projects, and explore opportunities in new markets while striving towards sustainable growth to enhance shareholder value.
SLB Development Ltd.
Listed on the Catalist Board of the Singapore Exchange since April 2018, SLB Development Ltd. (“SLB”) is a diversified property developer with extensive experience and track record across the residential, mixed-use as well as industrial and commercial sectors and property development projects. The diversified nature of its portfolio allows effective management of exposure to the fluctuations in demand and/or changes in regulations for each type of property development.
Led by an experienced management team, SLB has built strong networks of business relationships with other property developers and contractors, and has expanded its presence beyond Singapore to mainland China.
H10 Holdings Ltd.
Incorporated in 2018, H10 Holdings is a private developer with a 40%-owned associated company of Ho Lee Group Pte. Ltd. with the rest of the shareholdings linked to a Bhutan national.