Founder, the late Mr. Kho Beng Kang
From humble beginnings in the spice trade to a regional real estate development and investment enterprise, Lian Huat Group is a success story that spans more than half a century.
Lian Huat & Co started as a nutmeg and mace trader in 1957 and later developed to an international trader of spice capitalizing on Singapore’s prominent geographical position and infrastructure with its sophisticated port facilities. By the early-1960’s, its founder, the late Mr. Kho Beng Kang was acknowledged as the “Nutmeg King”.
In 1965, the Group ventured into real estate investments, successfully taking advantage of Singapore’s rapid urban development and with visionary foresight and policies, capitalised on real estate development programmes and investments.
In 1987 alone, it invested in around 650,000 square feet of prime residential, industrial and commercial properties in Singapore including some heritage-listed conservation shophouses.
The Group’s growth strategy later extended to the international property market with the acquisition of the Hotel and land site within Central Business District area and Sydney.
Currently, Lian Huat Group has business interests in Singapore, Australia and China and its business activities cover the whole spectrum of property development, property investments as well as managing hotels and serviced apartments in these regions.
The Group has now spread its wings to China, an important growth region in the 21st century. It has completed The Centro, a 25 storey upscale commercial cum luxurious residential apartment complex in Tianjin and currently developing One North Business Park. To capitalize on the dynamism and expansion of this important market, it is actively exploring other investment opportunities available in China.
The group is also exploring development opportunity in Brisbane, Australia and Anhui Province, China.
Lian Huat Group prides itself on being able to consistently deliver returns and quality products to its customers, tenants and guests. Thanks to the diligence, determination and passionate dedication of its team, returns on Lian Huat Group’s diverse portfolio are consistently high by industry average and generate healthy profits thus providing opportunities to fund future projects and investments.
At the helm of the Group and leading it and its team from strength to strength are Mr Kho Choon Keng and Mr Patrick Kho Chuan Thye, sons of the founder, the late Mr Kho Beng Kang.