Property Enterprises Development (Singapore) Pte Ltd (PEDS?), one of Singapores premier developers, is a member of the Cheung Kong Property Group of Hong Kong. PEDS spearheads the property development, marketing and management of Cheung Kong Property Holdings Limiteds development projects in the region.
Cheung Kong Property Holdings Limited (Cheung Kong Property? or the Group?) is one of the largest property developers in Hong Kong. It has a leading market share in Hong Kong, a strong penetration in the Mainland China, and an international presence through its operations in Singapore, the United Kingdom and The Bahamas.
With its long history of property development expertise, the Group has built many of Hong Kongs most notable landmark buildings and complexes. About one in seven private residences in Hong Kong were developed by the Group.
As a fully-integrated, multi-disciplinary property developer, Cheung Kong Property has a diverse range of capabilities. Its principal activities encompass residential, commercial and industrial property development and investment; hotel and serviced suite operation; and property and project management.
The Groups business scope also comprises unitholding interests in listed real estate investment trusts. These include Fortune REIT (stock code: 778), Prosperity REIT (stock code: 808), and Hui Xian REIT (stock code: 87001). The Group also has interests in ARA Asset Management Limited (which is the holding company of the managers of Fortune REIT and Prosperity REIT) and Hui Xian Asset Management Limited (which is the manager of Hui Xian REIT).
PEDS, leveraging on Cheung Kong Property Group track record, strong expertise, reputation and financial strength, has contributed significantly to the cityscape of Singapore. The Companys developments always seek to fit harmoniously into their environments and enhance the values of the sites. With efficient space planning, top-grade finishes and creative solutions, PEDS has been setting new benchmarks of a premium lifestyle with every new development.
PEDS also plays a critical role in the development of new districts and neighbourhoods. The Group is part of the joint venture that envisioned and developed One Raffles Quay and Marina Bay Financial Centre, two high profile developments that transformed Singapores business district.
PEDS continues to seek opportunities to contribute to the development of Singapore and the region, and build on its stellar track record