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A lifestyle of choices beckons TEE Land property owners and investors

TEE Land has ventured beyond Singapore, and has developed and is launching several projects in Thailand and Malaysia

PUBLISHED : Thursday, 10 August, 2017, 9:17am
UPDATED : Thursday, 10 August, 2017, 9:17am

Country Business Reports interviews and articles by Discovery Reports

A world of serenity and easy accessibility awaits owners of TEE Land developments. Known for its cosy and livable units that sit on prime spots across the Asia-Pacific region, TEE Land combines excellent locations with history and a hip cultural vibe to create spaces that build lives and harmonise societies, businesses and people. The boutique developer unravels residential and mixed developments such as Hilbre28 and 183 LONGHAUS in Singapore that offer convenience and support modern lifestyles.

Venturing beyond Singapore, TEE Land has developed and is launching several projects in Thailand, Malaysia and beyond. Its Thailand associated company Chewathai, formed in 2007, completed its initial public offering (IPO) on the Market for Alternative Investment of the Stock Exchange of Thailand last year. Chewathai has 12 projects today at various stages of development, most of which are located near Bangkok Mass Transit System stations.

“In Asia, location is the No 1 consideration, so we make sure the location is really good,” says Jonathan Phua, CEO and executive director.

Third Avenue, a mixed-use development in Malaysia’s Cyberjaya is TEE Land’s largest overseas investment so far with a gross floor area of 72,257 square metres. Comprised of two residential towers, a retail podium and an office block connected by sky bridges and a jogging track, Third Avenue marks TEE Land’s maiden foray into Malaysia, and is almost sold out.

TEE Land has also acquired a lot along Pasir Panjang and is in the midst of developing projects that target consumers with middle to high incomes. It welcomes more partners and joint ventures to explore new markets in the region as it aspires to grow its portfolio.

“Inheriting the pedigree of our parent company TEE International, we reignite a property and bring it to another level,” Phua says. “We always keep an open mind when dealing with partners because we believe that together, we can do more as we look for new opportunities.”

Starting as the property development unit of TEE International in 2006, TEE Land designed small residential projects before embarking on larger-scale residential, commercial and mixed developments. Run by passionate and highly skilled professionals, TEE Land has accumulated close to two dozen residential, commercial and industrial properties in the region in just 10 years. Undergoing an IPO in Singapore in 2013, TEE Land continues to expand into other Asean markets.

“Full of ideas, our people dare to make a difference, but we are also prudent, so we ensure that our acquired assets remain profitable and valuable,” Phua says.