- Business
- Heeton Holdings Limited is a Singapore-based real estate conglomerate focused on property development, investment, management, and hospitality operations. Established in 1976 and listed on the Singapore Exchange in 2003, the company is headquartered at 60 Paya Lebar Road, #08-36 Paya Lebar Square, Singapore 409051, and operates across Singapore, the United Kingdom, Japan, Thailand, Australia, Malaysia, Vietnam, China, Bhutan, and beyond. Its core segments encompass property investment through leasing of residential, retail, and commercial properties including shopping malls and serviced offices; property development featuring private residential units such as apartments, condominiums, and landed properties; hospitality via hotel operations under brands like Heeton Concept Hotels launched in 2015 and the luxury By Heeton debuted in 2024, with a portfolio of 15 hotels worldwide; and corporate services including treasury functions.
Recent strategic expansions include the September 2024 acquisition of Capri by Fraser Changi City in Singapore through a partnership with Atelier Capital Changi and Dorsett Hospitality International, rebranded as Dorsett Changi City Singapore with renovations slated for completion in Q4 2025 to target business and leisure travelers near Changi Airport Terminal 5; a December 2024 joint venture purchase of Kintore House aparthotel in Edinburgh, UK, for refurbishment and rebranding as Heeton Concept Aparthotel Queen Street, marking the fifth such property in the UK; and development of the 87-key Dawa at Hilltop by Heeton luxury resort in Paro, Bhutan—the largest hotel in the country—scheduled for opening in Q2 2025. The company rationalized its portfolio by divesting Smile Hotel Asakusa in Tokyo in August 2024 and ibis Hotel Gloucester in the UK in November 2024 to recycle capital into high-growth assets. Heeton maintains an 8% stake in the Tenet Executive Condominium project, anticipated to receive its temporary occupation permit in 2025, and explores further opportunities such as consortium tenders for sites like Dairy Farm Walk.