In 1990, Mr Tang I-Fang, former Chairman of WBL Group, led a joint research group of United Nations and the World Bank to Liaoning Province in Northeast China to explore investment opportunities. At that time, most people in Shenyang were riding bicycles and living in overcrowded dwellings. Mr Tang I-Fang, a visionary with excellent foresight, saw the demand and the need for good quality housing. Consequently, WBL Group was the first Singapore company to venture into Shenyang to tackle this overcrowding issue and Huaxin International was established.
As one of the first batch foreign-owned developers entering the Chinese market, Huaxin International introduced a modern, urban architecture concept to China at the turn of the last century. With its unique vision and global perspectives, the company managed the development and operations of residential, commercial and urban complexes; gained a deeper insight into the city’s value; and participated in the urbanisation.
Shenyang, being part of Huaxin International’s expansion plan of venturing into different parts of the China market, was the first starting point. A series of high-end development projects in Shenyang were successfully developed such as the first foreign ownership of luxurious residential project –Riverside Garden; a modern 5A smart office building –Huaxin International Plaza; serviced apartments –Wulihe Plaza; and luxury villas –Orchard Manor.
After achieving remarkable success in Shenyang, Huaxin International continued to increase its footprints in the real estate market to the East and Southwest of China. More than ten good quality residential development projects such as the series of Orchard Garden and Orchard Manor, as well as Shanghai Olympic Garden and Suzhou Horizon Resort were developed. Today, Huaxin International has established itself in the China real estate market, mainly in Shanghai, Shenyang, Suzhou, Chengdu and Chongqing. Its development projects are well-recognised and have won several awards.
Chengdu Huaxin International Realty Co., Ltd, a wholly-owned subsidiary of WBL Group, was established in December 1993 with key business activity in developing middle to high-end property.
After our successful foray into the Chengdu real estate market, Huaxin International continued its footprints to Chongqing and has successively developed Chongqing Orchard Manor and Lakeside Garden.