Wilshire Residences is developed by TE2KS-RH Pte Ltd (A Joint venture between Tong Eng Group, Roxy-Pacific Holdings Pte Ltd and Kim Seng Holdings Pte Ltd.)
Tong Eng Group
Teo Thye Chor and his younger brother Thye Hong came to Singapore from the Hui Ann District of Fujian, China. In the 1940s, they founded Tong Eng Brothers Pte. Ltd. Initially, the company dealt in the trading of electrolytic tinplates used for can and bottle cap production. After the war, the business expanded further into the manufacturing and trading in non-ferrous metal. The company became the leading stockist of electrolytic tinplates in Singapore and a significant regional steel trader.
Thye Chor and Thye Hong believed in the future and growth of Singapore and in the 1950s, Thye Chor diversified into property development. Tong Eng Brothers were the first to develop a 5.5 acre industrial estate in Little Road in the Paya Lebar area. The company also sold many parcels of land for use as petrol stations, to the major oil refining companies Shell, Esso and Mobil, at hefty profits.
In the 1960s, the company built hundreds of houses and apartments in Tong Eng Heights (now known as Changi Heights) and Changi Grove to rent to the British Forces. Their earlier projects also included West Sea Garden in Pasir Panjang, Tong Kong Garden in Upper Paya Lebar and shophouses along Upper Paya Lebar Road. Up to the time of Thye Chor’s passing in 1968, the Company owned up to 100 acres of land for development. Over the last 50 years, the group has owned and developed more than a hundred acres of land, encompassing office, retail, landed housing and apartment projects.
Upon succeeding his father, Thye Chor’s eldest son Tong Wah set his sights on amalgamating Tong Eng’s office, which consisted of three shophouses along Cecil Street with many of the adjoining pre-war shop houses, to form an island site, and develop it into a 26-storey office building now known as Tong Eng Building.
Today, Tong Eng Brothers and its group of companies continue to be active in the property market developing many residential and commercial developments in Singapore. Some of the past notable projects include Greenbank Park, Green Meadows Condominium, Kew Cottages, Serenade Gardens, Trendale Tower, Serangoon Plaza, Stratton Park, Belgravia Park, Hertford Collection and Stratton Green including current projects such as ARC380, Goodwood Grand, Poets Villas, Three Balmoral, Centrium Square, Belgravia Villas, Belgravia Green, View at Kismis and Tropika East
Roxy-Pacific Holdings Pte Ltd
Roxy-Pacific Holdings Limited is a homegrown speciality property and hospitality group with a track record that extends back to 1967. Listed on the SGX Mainboard in March 2008, the Group is principally engaged in the development and sale of residential and commercial properties (“Property Development”) and the ownership of Grand Mercure Roxy Hotel and other investment properties (“Hotel Ownership and Property Investment”). In Property Development, Roxy-Pacific is an established brand name for small and medium size residential developments with unique design features. The Group’s developments offer desirable living environments which epitomise quality and innovation and are targeted at middle to upper-middle-income buyers. Between 2004 and 2012, the Group developed and launched 32 small to medium size developments comprising a total of more than 2,000 residential and commercial units. The Group also owns the Grand Mercure Roxy Hotel, managed by the international hotel operator, Accor Group. Strategically located in the East Coast area, the hotel is close to the CBD, the Changi airport and the Marina Bay Resort Casino. The hotel enjoys high Average Occupancy Rate (“AOR”) averaging 89.0% and good Average Room-Rate (“ARR”) averaging S$153.3 between 2004 and 2012. Other projects developed by Roxy Pacific includes Nova 48, Nova 88, The Azzuro, Treescape, Studios@Tembeling, Millage, Nottinghill Suites, Natura @ Hillview, Jade Residences, Liv on Sophia, Liv On Wilkie, Trilive, Eon Shenton, Spottiswoode 18, Haig 162, Space@Kovan, Jupiter 18, The MKZ, Centropod, The Verte, The Adara, Straits Residences, Straits Mansions, Sunnyvale Residences, 120 Grange, Harbour View Gardens, Bukit 828, Arena Residences, RV Altitude, The Navian, View at Kismis and Whitehaven at Pasir Panjang.