Business

Real estate acquisitions with Singapore-based tycoon Gordon Tang

Business tycoon Gordon Tang, who is based out of Singapore, is well-known for his real estate work. With his wife, Mrs. Celine Tang, Mr. Tang has managed to change the way people think of offshore developers. Real estate is not new to Gordon Tang, who had invested considerably in Singapore in his own capacity in condos and strata offices. Things, however, changed positively for him in 2012, when the Tangs acquired a controlling interest of 62.2% in SingHaiyi Group through holding company, Haiyi Holdings. While Gordon Tang is a non-executive director for the group, he has been a major force behind some of the important decisions.

In 2013, the group acquired considerable assets in the US, and SingHaiyi group also completed a major 500+ condo project in Sengkang, Singapore. A similar one is being planned in San Francisco Bay, California. Mr. Tang’s mode of work has been all about acquisitions. He worked extensively to find a footing in the industry that otherwise isn’t always welcoming of overseas developers. Also, he ensures that the distressed assets are used and redeveloped in a way that it ensures profits and also helps the community through better projects. Mr. Tang also has plans to expand in Australia.

Acquiring Real Estate Like A Pro: Quick Review Of Chinese Tycoon Gordon Tang

Chinese investor and business tycoon Mr. Gordon Tang, for the uninitiated, is associated with Singapore-listed SingHaiyi Group, which deals in real estate development, asset enhancement and property management. Mr. Tang with his wife has joined hands with Neil Bush for the group and they have been long-term partners in Oregon-based American Pacific International Capital (APIC), which deals in management of many hotels. After working extensively in Asia in the last two decades, Mr. Tang now plans to take over distressed and depreciating real estate assets in the US and refurbish the same for adding value. His wife, Mrs. Celine Tang, works as the Group Managing Director. Under the guidance of Gordon Tang, SingHaiyi group initiated the 517-unit executive condo project in Sengkang called The Vales.

Strategic partnerships and solid connections have allowed Mr. Tang to get beyond the obvious hindrances in acquiring real estate abroad. He also has other interests and serves as the President of Cambodia Sailing Federation and is also advisor to Windsurfing Association of Singapore. Mr. Tang also has assets in China, Hong Kong and Singapore, and has emerged as a substantial shareholder in OUE Commercial REIT. Refer to SingHaiyi group website for further details on his work.