# Hwa Hong Corporation

Hwa Hong Corporation is a Corporate Investor based in Singapore, Singapore.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Singapore, Singapore
- **Region:** Asia
- **Address:** Singapore, Singapore
- **Founded:** 1947
- **Assets under management:** Undisclosed
- **Website:** hwahongcorp.com
- **LinkedIn:** https://www.linkedin.com/company/hwa-hong-corporation-limited

## Regulatory record

- **Reports private funds:** No

## About

HWA HONG CORPORATION LIMITED is an investment holding company with subsidiary companies primarily engaged in property rental and investment and development and investment holding.

## Sectors

- Real Estate
- Private Credit
- Insurance

## Offices

- London, United Kingdom

## People

- Ong Eng Yaw — Family Member
- Ong Mui Eng — Substantial Shareholder
- Ong Eng Loke — Senior Vice President of Fund Management

## Questions

### How is Hwa Hong structured following the privatization?

Hwa Hong is now a privately held corporation controlled by the Ong family through their holding vehicle, Ely Investments Pte. Ltd. The 2024 delisting removed SGX disclosure obligations and quarterly reporting requirements, effectively transforming it into a permanent-capital family office with legacy operating assets and a concentrated property portfolio.

### What real estate does Hwa Hong own directly?

The portfolio is split between Singapore and London. Known holdings include 110 Paya Lebar Road and Scotts Spazio in Singapore, plus Allen House (Kensington), 20 Midtown (Holborn), 20 Garrett Street (Clerkenwell), and residential assets on Queen's Gate and Hornton Street in London. These are predominantly commercial and prime residential freehold or long-leasehold interests.

### What is Shorea Capital's relationship to Hwa Hong Corporation?

Shorea Capital is a Singapore-based fund management firm led by Ong Eng Yaw, the son of patriarch Ong Choo Eng. It operates the Shorea Capital London Office Fund, which partners with the family's direct UK property interests. The firm serves as the institutional fund-management arm adjacent to the family's proprietary balance-sheet investing.

## Related profiles

- [HWA Financial Group](https://altss.com/profile/hwa-financial-group)
- [HWCO Wealth Management Services](https://altss.com/profile/hwco-wealth-management-services)

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Last updated: 2026-06-03T20:00:00.000Z

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