Chinese entrepreneur and Non-Executive Director of SingHaiyi group – Mr. Gordon Tang has been in news for the right reasons. The real estate magnet has proved that slump in  prices can be the ideal opportunity for investors looking for acquisitions. SingHaiyi group has acquired many properties in the US, despite being seen an off-shore developer. One of their early acquisitions was that of 5 Thomas Mellon Circle in San Francisco Bay, California, which will now become the spot for 550-unit waterfront condo project. The Vales – a 517-unit executive condo project in Sengkang – has been hugely successful, thanks to Gordon Tang and his team.

Mr. Tang also hopes that the investments get better with time, and with that in mind, he is already focusing on Australian and European markets. While Gordon is a non-executive director of SingHaiyi, he still has a stake in many entities through the holding company – Haiyi Holdings. SingHaiyi is already looking at stakes in many real estate investment trusts and has acquired OUE Commercial REIT and Ascendas Hospitality Trust among others. Under his experience and guidance, Oregon-based American Pacific International Capital (APIC) already manages many hotels in the US. The group also has acquired stake in Australia-listed Cromwell Property Group.