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Tong Eng Group

During the 1940s, Teo Thye Chor and his younger sibling, Teo Thye Hong, moved from the Hui An a region of Fujian, China, to Singapore looking for a more promising future. Beating early odds, the siblings established Tong Eng Brothers after the Second World War, participating in the exchanging of electrolytic tinplates utilized in the creation of jars and container covers.

Reacting to the call for post-war reconstructing during the 1950s, the siblings expected a demand for convenience and chose to broaden into property advancement. A genuine visionary, Teo Thye Chor saw the capability of the lacking region of the Paya Lebar region and purchased land nearby. Tong Eng proceeded to developed the land into the primary mechanical home in that area.

The siblings kept on getting more greenfield land in the city’s rural areas like Changi, Upper Serangoon Road, Yio Chu Kang and Pasir Panjang – gathering in excess of 40 hectares of freehold land

Tong Eng fostered a portion of these terrains into houses for rent to the British force who were in Singapore around then. Notable activities in that period included Changi Grove, West Sea Garden in Pasir Panjang, Tong Kong Gardens in Upper Paya Lebar and Tong Eng Heights, which is currently known as Changi Heights.

Taking advantage of Tong Eng’s metal can transactions with significant oil refining organizations like Shell, Esso and Mobil, the siblings showed their business astuteness by offering lands to these oil majors for their utilization as gas stations. These land bundles were cut out from plots that Tong Eng had recently procured. In doing as such, Tong Eng tracked down a clever method to balance the vast majority of the land costs.

In 1968, Teo Thye Chor’s oldest child Teo Tong Wah, along with his uncle, Thye Hong, assumed control over the organization, kept on fostering the organization’s property bank and sought after the tradition of land banking that its originators began. Tong Wah focused on the securing of numerous pre-war lease control shophouses abutting Tong Eng’s own three units at Cecil Street in the core of Singapore’s focal business locale (CBD).

He then, at that point, joined them to fabricate Tong Eng Building, a 26-story place of business where the organization’s central command is found.

Throughout the long term, the gathering kept on growing land across various areas including landed lodging, townhouses, condos, workplaces and retail shopping centers. A portion of these undertakings are Greenbank Park, Green Meadows, Trendale Tower, Stratton Park, Belgravia Park, Serenade Garden, Kew Cottages, Treasure Place, Eminent Plaza, Serangoon Plaza and Poshgrove East, to give some examples

Future home owners of Belgravia Ace Condo Singapore can expect quality finishing in their dream home.

 

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