From a small construction business in Kuala Selangor, Tan Sri Dato’ Sri (Dr) Yeoh Tiong Lay grew the business on hard work, integrity and foresight. Today, the YTL Group is a diversified conglomerate with business interests and investments around the world. Under its third generation of distinctive leadership, the same values, which span six decades to date, continue to serve as guiding principles for the company.
With its roots founded in construction, it seemed a natural progression for YTL Corporation to develop a full-fledged property development arm, which it realised in the 1980s. Although born in times of recession, YTL Land saw it as a time of altruistic opportunity, stepping in to fill the need for low-cost housing around the country while serving the population as a responsible and far-sighted property developer. Beginning with modest projects that involved the construction of primarily walk-up flats, YTL Land began to expand its horizons by going on to build more spacious, better quality three-bedroom houses, all the while improving on quality and lowering costs by streamlining its own costs and designs.
As the nation moved out of recession and the demand for a wider range of housing grew, YTL Land paid heed to the demands of the market and began to embark on more ambitious developments around the country. Three decades on, YTL Land has since gone on to earn a name for itself as a full-fledged developer with a particular penchant for aesthetically-appealing lifestyle concepts, as can be seen in its Sentul, Lake Edge and Pantai Hillpark centerpiece projects as well as its award-winning developments of Sandy Island and Kasara, The Lake in Singapore’s luxurious Sentosa Cove enclave.