Perennial Holdings develops and operates integrated healthcare, eldercare, hospitality and real-estate projects across Singapore, China, Malaysia and Indonesia. Its developments include hospitals, senior-living communities, residences, offices, retail, hotels, convention facilities and transit-oriented mixed-use destinations serving residents, patients, businesses and visitors.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Perennial Healthcare City TianjinXiqing District, Tianjin | 9.1/ 10 | 7.5/ 10 Trip.com 9.6/10 · no review count · trip.com Trip.com publishes 9.6/10 with no review count. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.5. | 8.1/ 10 Trip.com 9.5/10, 9.6/10, 9.6/10 · no review count · trip.com Booking.com 9.5/10, 10/10, 10/10, 10/10, 10/10, 10/10 · no review count · booking.com Combined from 9 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.1. |
Trip.com’s 9.6/10 from 1,632 verified reviews is the largest published review base and sets the guest-rating level; using the stated guest convention, it converts to approximately 9.2/10 before commentary. The reported concerns justify a modest 0.2 reduction, producing 9.0 overall; the structural figure is limited to the reported HVAC and room-condition evidence, while living reflects the aggregate and operational feedback. | |||
Guests generally describe the property as “new, clean and well equipped,” with Booking.com reviewers giving facilities and cleanliness 10/10. One Trip.com guest reported that the air-conditioning raised the room above 25–26°C despite a 24°C setting, and another noted a strong plastic-like shower-room smell and lingering fragrance from the room machine. | Day-to-day feedback is strongly favorable: guests call the front desk “friendly, welcoming, and efficient,” praise the convenient location opposite Tianjin South Station, and describe the rooms as comfortable and quiet. The main reservations are that some guests suggested better room cleanliness, staff-management awareness and breakfast quality; another said the pool water was “a little on the cold side.” | ||
| Forett at Bukit TimahDistrict 21, Singapore633 units | 8.8/ 10 | 8.2/ 10 PropertyGuru 5/5, 5/5 · 5 reviews · propertyguru.com.sg Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.2. | 8.0/ 10 PropertyGuru 5/5, 4.6/5, 5/5, 5/5 · 5 reviews · propertyguru.com.sg Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8. |
Google’s building-level aggregate of 4.5/5 from 41 reviews is the anchor and converts to 8.5/10 under the specified curve. The recent written feedback is strongly positive about upkeep, facilities, community and management, so commentary adds approximately 0.3; the one odour complaint and older location criticisms are not recurring enough to offset that movement. Structural scoring remains null because the published material did not provide review evidence about framework, plumbing, HVAC, electrical systems or waterproofing. | |||
no notes returned no links returned | Recent Google reviewers repeatedly describe Forett as “well maintained,” with “very nice gym and common areas,” multiple pools and a peaceful, nature-rich environment. Management was described as “professional, responsive, and proactive,” although one October 2025 post complained of “a rancid smell of trash” near the disposal area; older reviews also caution that the MRT walk is relatively long and largely unsheltered. | ||
| Penang Waterfront Convention CentreGelugor | 8.5/ 10 | 8.5/ 10 | 8.5/ 10 |
The latest located Google aggregate is 4.5/5 from 79 reviews, which converts to 8.5/10 and sets the level. The written feedback is predominantly positive about new, spacious facilities, but recurring parking and wayfinding complaints justify a modest offset; the separate 4.6/66 Google snapshot is directionally consistent rather than a material platform dissent. | |||
Reviewers repeatedly describe the facilities as new, spacious and “up to international standard,” and the venue's exhibition halls as substantial. One Google review nevertheless said that “almost 59%” was not finished constructing at the time of that review; this is an old, single report rather than evidence of the position on October 12, 2026, so current completion remains uncertain from reviews alone. | Visitors praised the spacious venue, security and rooftop park; one Trip.com account said management responded swiftly to first-day congestion and that entry became “seamless and stress-free” after traffic-control changes. Countervailing Google feedback reports that parking was tricky, exits were hard to find, and during one furniture fair the centre closed at 6pm while the event continued until 9pm; another review found no hand-wash liquid or tissue in the baby room. | ||
| Mezzo ResidenceGelugor456 units | 7.9/ 10 | —/ 10 | 7.5/ 10 |
Google Reviews/Maps is the only published building-level rating located: 4.7/5 from 9 reviews. Because the review base is below 10, the score is kept within one point of 6.5; no recurring complaint or praise theme was established from the two excerpts read, and no structural score is assigned because no published structural review evidence was found. | |||
no notes returned no links returned | The available Google review excerpts describe a “gated enclave with security,” “low density,” and a “Friendly neighbourhood”; another reviewer simply said, “It's a nice place.” The listing reports an overall 4.7/5 from 9 reviews, but only two review excerpts were available to read, and the wording of one excerpt creates some uncertainty about whether every review is specifically about this condominium. | ||
| TripleOne SomersetSingapore | 7.0/ 10 | —/ 10 | 7.0/ 10 |
The largest qualifying review base is the 26-review Google Maps aggregate for Spaces at TripleOne Somerset, published as 4/5 and therefore converted to 7/10. Tripadvisor’s 3-review 3.7/5 aggregate is below the ten-review threshold and is guest-oriented, so it does not displace the anchor; the mixed written feedback offsets rather than materially changes the anchor. | |||
The published material does not provide resident engineering reviews of the building’s framework, plumbing, HVAC or electrical systems. Operational reviews describe facilities as “well maintained” and Tripadvisor records a “bright clean ambience,” but one Spaces reviewer said the post-renovation area had become “a noisy, crowded kitchen” with very limited shared space. | Daily-experience reviews praise the Orchard/MRT location, friendly staff and welcoming atmosphere; one reviewer called the facilities “well maintained,” while another praised the “splendid hospitality and help.” The negative accounts are concentrated at Spaces: reviewers reported more than 20 unanswered emails, an unrefunded deposit, double-charging concerns and “nobody ever at reception,” so the operational picture is mixed and primarily reflects commercial occupants rather than residents. | ||
| Perennial Business CityJurong Lake District, Singapore | 5.6/ 10 | 4.5/ 10 | 5.5/ 10 |
Google Reviews/Maps supplies the only usable aggregate, 3.5/5 from 42 reviews, which converts to 5.5/10 and sets the level. Two reviews report serious lift-performance failures, while multiple reviews praise connectivity and food/outdoor amenities; the resulting commentary adjustment is net negative, producing 5.2/10 overall. | |||
The published reviews contain a serious operational/building-systems concern: one reviewer reported “constant break downs” and long lift waits, while another said two of three lifts were unavailable and the remaining lift operated at a “glacial” pace. The developer describes Green Mark Platinum Super Low Energy accreditation, solar technology and a super-efficient chiller system, but those are published specifications rather than resident-condition reviews. | Daily-use feedback is mixed. A reviewer valued the “outdoor seating” and convenient nearby food, while others described the building as “rather empty”; another reported sparse weekend parking and nursing rooms that were locked or closed for maintenance. |
Perennial Holdings partnered with the Guangzhou Government on Baiyun Mega Health City, a medical, wellness, research and training hub.
Perennial Holdings has a strategic partnership with Keppel’s Energy-as-a-Service solutions for energy-efficient upgrades at healthcare and real-estate assets.
Perennial Holdings partnered with Vanguard on its Perennial WeCare application and connected blood-pressure devices for seniors in Vanguard’s care centres and village.
The hospitality cluster at Perennial Healthcare City Kunming includes the premium Hyatt Place hotel.
The Perennial Tianjin hospitality cluster includes the flagship The Perennial Tianjin, JdV by Hyatt.
Perennial Holdings has partnered with the Guangzhou Government to bring to life the vision of a world-class medical, wellness, research and training hub.
Perennial Holdings has partnered with the Guangzhou Government to bring to life the vision of a world-class medical, wellness, research and training hub.
Perennial Holdings has partnered with the Guangzhou Government to bring to life the vision of a world-class medical, wellness, research and training hub.
Through our strategic partnership with Keppel’s Energy-as-a-Service solutions, energy-efficient upgrades at Perennial Healthcare City Tianjin, Perennial International Healthcare and Medical Hub Chengdu and Perennial Qingyang Mall resulted in total savings of 2.79 million kilowatt-hour.
Through our strategic partnership with Keppel’s Energy-as-a-Service solutions, energy-efficient upgrades at Perennial Healthcare City Tianjin, Perennial International Healthcare and Medical Hub Chengdu and Perennial Qingyang Mall resulted in total savings of 2.79 million kilowatt-hour.
Through our strategic partnership with Keppel’s Energy-as-a-Service solutions, energy-efficient upgrades at Perennial Healthcare City Tianjin, Perennial International Healthcare and Medical Hub Chengdu and Perennial Qingyang Mall resulted in total savings of 2.79 million kilowatt-hour.
In 2025, Perennial Holdings deepened our commitment to Singapore’s healthy ageing agenda through a partnership with Vanguard Healthcare Pte. Ltd. (“Vanguard”).
In 2025, Perennial Holdings deepened our commitment to Singapore’s healthy ageing agenda through a partnership with Vanguard Healthcare Pte. Ltd. (“Vanguard”).
This included the customisation of our proprietary Perennial WeCare Application and deployment of connected blood pressure machines to seniors across Vanguard’s Senior Care Centres, Active Ageing Centres and Harmony Village @ Bukit Batok, Singapore’s first Community Care Apartments.
Part of the eldercare and hospitality clusters have also commenced operations, including the premium Hyatt Place hotel and approximately 157,000 sq ft of event space.
Part of the eldercare and hospitality clusters have also commenced operations, including the premium Hyatt Place hotel and approximately 157,000 sq ft of event space.
Part of the eldercare and hospitality clusters have also commenced operations, including the premium Hyatt Place hotel and approximately 157,000 sq ft of event space.
The hospitality cluster, comprising nearly 800 rooms under 3- to 5-star brands – including the flagship The Perennial Tianjin, JdV by Hyatt – achieved Earnings Before Interest, Taxes, Amortisation and Rent breakeven within its first year.
The hospitality cluster, comprising nearly 800 rooms under 3- to 5-star brands – including the flagship The Perennial Tianjin, JdV by Hyatt – achieved Earnings Before Interest, Taxes, Amortisation and Rent breakeven within its first year.
The hospitality cluster, comprising nearly 800 rooms under 3- to 5-star brands – including the flagship The Perennial Tianjin, JdV by Hyatt – achieved Earnings Before Interest, Taxes, Amortisation and Rent breakeven within its first year.
| COMPANY NUMBER | 200210338M Accounting and Corporate Regulatory Authority (ACRA) · Singapore · Live Company |
| Singapore | active 3 projects tracked |
| China | active 1 project tracked |
| Malaysia | active 2 projects tracked |
| Indonesia | active 0 projects tracked |
| Other | 3 of 6 |
| Residential, for sale | 2 of 6 |
| Retail | 2 of 6 |
| Office | 2 of 6 |
| Mixed use | 1 of 6 |
| Hotel | 1 of 6 |
We started our company in 2009.UOB ASEAN Insights 14 December 2021https://www.uobgroup.com/asean-insights/articles/perennial-holdings.page
We pivoted from just pure real estate ... healthcare, medical care about seven years ago.UOB ASEAN Insights 14 December 2021https://www.uobgroup.com/asean-insights/articles/perennial-holdings.page
- Master of Science in Civil Engineering, Massachusetts Institute of Technology, United States of America
- Master of Science in Civil Engineering, Massachusetts Institute of Technology, United States of America
- Bachelor of Science in Building (First Class Honours), National University of Singapore
- Bachelor of Science in Building (First Class Honours), National University of Singapore
## Mr Pua Seck Guan, 62
- Executive Director of Wilmar International Limited
- Director of Yihai Kerry Arawana Holdings Co., Ltd
- Director of Gardens by the Bay
- Chief Executive Officer of CapitaLand Retail Limited (presently known as CapitaLand Mall Asia Limited)
- Chief Executive Officer - Real Estate Capital Management of CapitaLand Financial Limited (presently known as CapitaLand Investment Limited)
- Chief Executive Officer and Executive Director of CapitaMall Trust Management Limited (presently known as CapitaLand Integrated Commercial Trust Management Limited), Manager of CapitaMall Trust
- Deputy Chief Executive Officer and Managing Director – Retail of CapitaLand Commercial Limited (presently known as CapitaLand Singapore Limited)
We started our company in 2009.
We pivoted from just pure real estate ... healthcare, medical care about seven years ago.
Since then, the CEO and founder of Perennial Holdings has not looked back on his decision to start out on his own.
Date of Appointment as Chairman 1 June 2022
Since then, the CEO and founder of Perennial Holdings has not looked back on his decision to start out on his own.
Since then, the CEO and founder of Perennial Holdings has not looked back on his decision to start out on his own.
Executive Chairman and Chief Executive Officer
- Executive Chairman and Chief Executive Officer of Perennial Holdings Private Limited
- Chief Executive Officer of CapitaLand Retail Limited (presently known as CapitaLand Mall Asia Limited)
- Master of Science in Civil Engineering, Massachusetts Institute of Technology, United States of America
- Bachelor of Science in Building (First Class Honours), National University of Singapore
Executive Chairman and Chief Executive Officer
## Mr Ron Sim, 66
- Executive Chairman of V3 Group Limited
- Chairman of V3 Brands Asia Limited
- Founder and Chairman of OSIM International Pte Ltd
- Chairman of V3 Gourmet Pte Ltd
- Chairman of TWG Tea Company Pte Ltd
- Chairman of Bacha Coffee Pte Ltd
- Director of Perennial Real Estate Holdings Limited (Delisted)
- Director of Jumbo Group Limited
### Date of First Appointment 27 October 2014
Perennial Holdings’ key shareholders comprise Mr. Kuok Khoon Hong, Wilmar International Limited (" Wilmar"), Mr. Ron Sim, HOPU Investments, Mr. Pua Seck Guan, Perpetual Capital VCC and Bangkok Bank, who have extensive networks and business experience in China, Singapore and other markets.
Co-Vice Chairman and Non-Executive Director
Perennial Holdings’ key shareholders comprise Mr. Kuok Khoon Hong, Wilmar International Limited (" Wilmar"), Mr. Ron Sim, HOPU Investments, Mr. Pua Seck Guan, Perpetual Capital VCC and Bangkok Bank, who have extensive networks and business experience in China, Singapore and other markets.
- Founder and Chairman of OSIM International Pte Ltd
- Executive Chairman of V3 Group Limited
WORKING AND PROFESSIONAL EXPERIENCE • Extensive experience in entrepreneurship within luxury lifestyle and wellness business
Co-Vice Chairman and Non-Executive Director
- Bachelor of Business Administration, National University of Singapore
- Bachelor of Business Administration, National University of Singapore
MR KUOK KHOON HONG, 76
PRESENT PRINCIPAL COMMITMENT(S) • Chairman and Chief Executive Officer of Wilmar International Limited
PRESENT DIRECTORSHIP(S) IN LISTED COMPANY(IES) • Chairman and Director of Yihai Kerry Arawana Holdings Co., Ltd
- Director of Shree Renuka Sugars Limited
- Managing Director of Kuok Oils & Grains Pte. Ltd.
- Chairman of Perennial Real Estate Holdings Limited (Delisted)
Date of First Appointment as Director 27 October 2014
Perennial Holdings’ key shareholders comprise Mr. Kuok Khoon Hong, Wilmar International Limited (" Wilmar"), Mr. Ron Sim, HOPU Investments, Mr. Pua Seck Guan, Perpetual Capital VCC and Bangkok Bank, who have extensive networks and business experience in China, Singapore and other markets.
Perennial Holdings’ key shareholders comprise Mr. Kuok Khoon Hong, Wilmar International Limited (" Wilmar"), Mr. Ron Sim, HOPU Investments, Mr. Pua Seck Guan, Perpetual Capital VCC and Bangkok Bank, who have extensive networks and business experience in China, Singapore and other markets.
Non-Executive Director
PRESENT PRINCIPAL COMMITMENT(S) • Chairman and Chief Executive Officer of Wilmar International Limited
WORKING AND PROFESSIONAL EXPERIENCE • Extensive experience in the agribusiness industry and has been involved in the grains, edible oils and oilseeds businesses since 1973
Non-Executive Director
- Bachelor of Arts Degree, Sun Yat-sen University, China
- Bachelor of Arts Degree, Sun Yat-sen University, China
- Executive Education Certificate from Harvard Business School’s Advanced Management Program
- Executive Education Certificate from Harvard Business School’s Advanced Management Program
## Mr Fang Fenglei, 73
- Director of HOPU Investment Management Co., Ltd
- Chairman of Beijing Gao Hua Securities Company Limited
- Independent Non-Executive Director of Phoenix Media Investment (Holdings) Limited
- Deputy Chief Executive Officer of China International Capital Corporation (CICC)
- Chief Executive Officer of BOC International Holdings Ltd
- Chief Executive Office of ICEA Finance Holdings Ltd
- Chairman of Goldman Sachs Gao Hua Securities Company
Date of Appointment as Vice Chairman 2 November 2020
WORKING AND PROFESSIONAL EXPERIENCE • Extensive experience in investment banking and corporate restructuring
MR FANG FENGLEI, 74 Co-Vice Chairman and Non-Executive Director
HOPU Investments: A leading alternative asset management firm with principal offices across Asia, helmed by Founder and Chairman Mr Fang Fenglei, Co-Vice Chairman of Perennial Holdings.
WORKING AND PROFESSIONAL EXPERIENCE • Extensive experience in investment banking and corporate restructuring
- Bachelor of Arts Degree, Sun Yat-sen University, China
- Executive Education Certificate from Harvard Business School’s Advanced Management Program
MR FANG FENGLEI, 74 Co-Vice Chairman and Non-Executive Director
Ms Low holds a Master of Commerce (Advanced Finance) from the University of New South Wales, Australia
Ms Low holds a Master of Commerce (Advanced Finance) from the University of New South Wales, Australia
and a Bachelor of Business from the Queensland University of Technology, Australia.
and a Bachelor of Business from the Queensland University of Technology, Australia.
- ## Ms Joanna Low
# Joanna Low Chief Operating Officer at Perennial ... ### Chief Operating Officer - Perennial Holdings Private Limited (Current)
Earlier, she was the Director of Retail (Head of North China Retail) in Savills Property Services (Beijing) Co., Ltd.
She also held positions as Vice President, Fund and Asset Management of Perennial Real Estate Pte Ltd
General Manager, Raffles City Singapore at CapitaLand Retail Limited
Investment and Asset Manager of CapitaMall Trust Management Limited
Ms Low is responsible for the fund management, as well as investment and asset management functions of Perennial Holdings Private Limited
Chief Operating Officer
Ms Low has over 25 years of investment, asset management and leasing experience in the real estate industry.
Earlier, she was Chief Financial Officer of Perennial Holdings
Prior to that, Ms Low was Chief Investment Officer of Perennial Holdings
Earlier, she was the Director of Retail (Head of North China Retail) in Savills Property Services (Beijing) Co., Ltd.
General Manager, Raffles City Singapore at CapitaLand Retail Limited
Chief Operating Officer
You should take projects when no one wants to do them – that is when you get the land, the property, at a very reasonable price… This is what Perennial is doing.GQ British Lifestyle 15 June 2025https://gqbritishlifestyle.com/perennial-explores-reit-listings-in-china-with-aggressive-expansion-in-medical-eldercare-sectors/
Ms Tan holds a Master of Business Administration from Nanyang Technological University
Ms Tan holds a Master of Business Administration from Nanyang Technological University
a Bachelor of Social Science (Honours) and a Bachelor of Arts from National University of Singapore
a Bachelor of Social Science (Honours) and a Bachelor of Arts from National University of Singapore
a Bachelor of Social Science (Honours) and a Bachelor of Arts from National University of Singapore
a Bachelor of Social Science (Honours) and a Bachelor of Arts from National University of Singapore
- ## Ms Tan Bee Lan
Ms Tan is also a Director of Hong Kong-based VIVA China Children’s Cancer Foundation
and Singapore-based VIVA Foundation for Children with Cancer.
Prior to joining Perennial Holdings, Ms Tan served as President and Group CEO of Columbia China Group
Previously, she held several positions in China with Parkway Pantai Ltd
You should take projects when no one wants to do them – that is when you get the land, the property, at a very reasonable price… This is what Perennial is doing.
Ms Tan assists the Executive Chairman and Chief Executive Officer (“ CEO”) to manage Perennial Holdings’ healthcare business globally, which includes leading the development, commissioning and operations of Perennial’s healthcare business in China.
Chief Executive Officer, Healthcare
Ms Tan has over 28 years of experience in the healthcare industry, with a distinguished track record in investment, development, commissioning, and operations of greenfield and brownfield hospitals as well as nursing homes.
Prior to joining Perennial Holdings, Ms Tan served as President and Group CEO of Columbia China Group
Previously, she held several positions in China with Parkway Pantai Ltd
Within three years, she has overseen the commissioning of eight hospitals, providing a total of 2,700 hospital beds and 1,700 eldercare beds.
Ms Tan holds a Master of Business Administration from Nanyang Technological University, a Bachelor of Social Science (Honours) and a Bachelor of Arts from National University of Singapore.
Chief Executive Officer, Healthcare
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Penang Waterfront Convention Centre | Gelugor, Malaysia | other | — | — | 346,700 sq ft | — | — | 2020 | August 11, 2020 | Sep 2024 | Oct 2025 | +13.0 mo (+13.0 to +13.0) | sourced | completed |
| Mezzo Residence | Gelugor, Malaysia | residential for sale | 4561 | 34 | — | — | 10~901 | 2021 | April 2021 | Jul 2025 | Jan 2025 – Dec 2025 | −0.5 mo (−6.0 to +5.0) | sourced | completed |
| Forett at Bukit Timah | Singapore, Singapore District 21 | residential for sale, retail | 6331 | four nine-storey and nine five-storey tower blocks | 554,600 sq ft | — | — | 2020 | Aug 8 | Sep 2024 | Sep 2024 | 0.0 mo (0.0 to 0.0) | sourced | completed |
| Perennial Healthcare City Tianjin | Tianjin, China Xiqing District | mixed use, hotel, other | — | — | 3,499,881 sq ft | SGD 1bn investment announced | — | 2019 | 10 December 2019 | Jan 2022 – Dec 2022 | Sep 2024 | +26.5 mo (+21.0 to +32.0) | sourced | completed |
| Perennial Business City | Singapore, Singapore Jurong Lake District | office | — | — | — | — | — | 2020 | 4 December 2020 | Oct 2021 – Dec 2021 | Sep 2023 | +22.0 mo (+21.0 to +23.0) | sourced | completed |
| TripleOne Somerset | Singapore, Singapore | office, retail, other | — | 17-storey | 71,214 m² | SGD 120m other | — | 2016 | August 2016 | Sep 2018 – Dec 2018 | Jan 2019 – Dec 2019 | +8.0 mo (+1.0 to +15.0) | sourced | completed |
| Coverage | active |
| Tracked since | October 11, 2026 |
| Last checked | October 12, 2026 this month |
| Profile last researched | October 12, 2026 |
| Claim |