Introduction
Hatten International Pte Ltd is a subsidiary to Hatten Land Limited (“Hatten Land”) that is a leading property developer in Melaka, Malaysia and specialises in integrated residential, hotel and commercial developments, and is headquartered in the historical city of Melaka.
The name “Hatten” is derived from the Japanese word (发展) for “growth and development”. Hatten has an established track record as a visionary developer, winning over 50 awards and accolades for its quality developments, innovative designs and avant-garde architectural concepts. With the Right of First Refusal and Call Options to over 20 land banks and development rights in high-growth locations in Malaysia, Hatten is able to periodically review whether the specific land bank will be suitable for development, before releasing it to other developers. This arrangement places Hatten in a near-unrivalled position with priority access to many plots of prime land. The current development portfolio comprises Four integrated mixed-use development projects in Melaka.
Hatten Land began trading on the Singapore Exchange Catalist board (SGX:PH0) on 28 February 2017 after the completion of the reverse takeover by Sky Win Management Consultancy Pte Ltd.
Corporate Developments
1. Hatten City Phase 1
The mixed development, Hatten City Phase 1, integrates four distinct projects. Namely; Elements Mall, SilverScape Residences, Hatten Place, and a tower block managed by Hilton Worldwide as part of its DoubleTree brand.
2. Hatten City Phase 2
Hatten City Phase 2 is a mixed development which comprises Imperio Mall and Imperio Residences. It utilizes an iconic “cascading steps” design which functions as an outdoor jogging route with views of the coast and surrounding city.
3. Harbour City & Splash World
In 2015, Hatten Land launched Phase 1 of Harbour City, a six-acre integrated development, built on two kilometres of seafront land in Pulau Melaka. Harbour City comprises the Harbour City Thematic Mall, Harbour City Suites, Harbour City Resort and Harbour City Premier Resort. It is expected to be completed in 1st quarter of FY2020. In August 2018, the Group unveiled the 500,000-square feet Splash World @ Harbour City, Malaysia’s first ‘sky’ water theme park, in a RM200 million collaboration with Samsung C&T Corporation and Polin Waterparks. Samsung C&T Corporation is the operator behind Everland Resort, South Korea’s largest theme park, and Polin Waterparks is a global leader in manufacturing water parks. Splash World is slated to open in the first half of 2020 and can accommodate up to 1.9 million visitors annually. This attraction will reshape Melaka’s tourism and entertainment landscape.
4. Satori
Launched in July 2017 and awarded 5 Star for Best Mixed Development, Satori is the first wellness sanctuary in the heart of the historical city of Melaka. Satori is a two-acre mixed development that integrates health, wellness, beauty and leisure facilities, a hotel, serviced residences and a mall. The project is set for completion in 4th quarter of FY2020. The services and facilities offered in Satori’s suite of over 50 wellness facilities include a one-stop fitness and aqua gym, health food outlets, yoga rooms, sea salt spas and mud baths, an infinity pool and sky lounge, amongst others.
Sustainability
Hatten Land’s health & wellness development, Satori in Malaysia, is Melaka Green Seal certified, with several green features that reflects its’ growing commitment to sustainability. The Group aims to constantly expand their sustainability agenda, eventually working towards a goal of zero construction waste, and the end goal of becoming a global Sustainable Real Estate champion.
“Hatten Land is also branching out to other countries in South East Asia and beyond, such as Australia, Japan, Indonesia, Myanmar, Vietnam, Laos, and Cambodia. It believes this herald the start of a new phase of growth for the Group.”
New Business Initiatives
In April 2018, Hatten Land unveiled its mall management arm, Hatten Commercial Management (“HCM”) to complement its property development business and drive recurring revenue. This new business division, which is expected to generate recurring income for Hatten Land, will eventually oversee 4,900 commercial retail units with a combined gross floor area of 4.34 million square feet, within five shopping malls developed by the Group.
Future Direction
The upcoming integrated development projects of Hatten Land include:
- MICC (Melaka International Convention Centre): mixed development including a shopping mall, cineplex, convention hall, an auditorium, meeting rooms, a hotel block and a serviced apartment block.
- Cyberjaya Project (Welldini Springs): another medical focused development that includes retail, commercial (offices), residential and hospitality units as well as a hospital.
- Plot K to E Project: 66 acres of leasehold land fronting the Straits of Melaka Straits at early conceptualisation stage and will provide a strong pipeline of future developments.
CORPORATE EXCELLENCE
Hatten International Pte Ltd
Introduction
Hatten International Pte Ltd is a subsidiary to Hatten Land Limited (“Hatten Land”) that is a leading property developer in Melaka, Malaysia and specialises in integrated residential, hotel and commercial developments, and is headquartered in the historical city of Melaka.
The name “Hatten” is derived from the Japanese word (发展) for “growth and development”. Hatten has an established track record as a visionary developer, winning over 50 awards and accolades for its quality developments, innovative designs and avant-garde architectural concepts. With the Right of First Refusal and Call Options to over 20 land banks and development rights in high-growth locations in Malaysia, Hatten is able to periodically review whether the specific land bank will be suitable for development, before releasing it to other developers. This arrangement places Hatten in a near-unrivalled position with priority access to many plots of prime land. The current development portfolio comprises Four integrated mixed-use development projects in Melaka.
Hatten Land began trading on the Singapore Exchange Catalist board (SGX:PH0) on 28 February 2017 after the completion of the reverse takeover by Sky Win Management Consultancy Pte Ltd.
Corporate Developments
1. Hatten City Phase 1
The mixed development, Hatten City Phase 1, integrates four distinct projects. Namely; Elements Mall, SilverScape Residences, Hatten Place, and a tower block managed by Hilton Worldwide as part of its DoubleTree brand.
2. Hatten City Phase 2
Hatten City Phase 2 is a mixed development which comprises Imperio Mall and Imperio Residences. It utilizes an iconic “cascading steps” design which functions as an outdoor jogging route with views of the coast and surrounding city.
3. Harbour City & Splash World
In 2015, Hatten Land launched Phase 1 of Harbour City, a six-acre integrated development, built on two kilometres of seafront land in Pulau Melaka. Harbour City comprises the Harbour City Thematic Mall, Harbour City Suites, Harbour City Resort and Harbour City Premier Resort. It is expected to be completed in 1st quarter of FY2020. In August 2018, the Group unveiled the 500,000-square feet Splash World @ Harbour City, Malaysia’s first ‘sky’ water theme park, in a RM200 million collaboration with Samsung C&T Corporation and Polin Waterparks. Samsung C&T Corporation is the operator behind Everland Resort, South Korea’s largest theme park, and Polin Waterparks is a global leader in manufacturing water parks. Splash World is slated to open in the first half of 2020 and can accommodate up to 1.9 million visitors annually. This attraction will reshape Melaka’s tourism and entertainment landscape.
“Hatten Land is also branching out to other countries in South East Asia and beyond, such as Australia, Japan, Indonesia, Myanmar, Vietnam, Laos, and Cambodia. It believes this herald the start of a new phase of growth for the Group.”
Launched in July 2017 and awarded 5 Star for Best Mixed Development, Satori is the first wellness sanctuary in the heart of the historical city of Melaka. Satori is a two-acre mixed development that integrates health, wellness, beauty and leisure facilities, a hotel, serviced residences and a mall. The project is set for completion in 4th quarter of FY2020. The services and facilities offered in Satori’s suite of over 50 wellness facilities include a one-stop fitness and aqua gym, health food outlets, yoga rooms, sea salt spas and mud baths, an infinity pool and sky lounge, amongst others.
Sustainability
Hatten Land’s health & wellness development, Satori in Malaysia, is Melaka Green Seal certified, with several green features that reflects its’ growing commitment to sustainability. The Group aims to constantly expand their sustainability agenda, eventually working towards a goal of zero construction waste, and the end goal of becoming a global Sustainable Real Estate champion.
Additionally, as a major corporation, it touches many lives through their employees, contractors, residents and retail customers. Hatten Group address the ‘social’ and ‘governance’ aspects of sustainability by seeking to adopt more measures to address employee wellbeing through greater employee engagement and training opportunities.
New Business Initiatives
In April 2018, Hatten Land unveiled its mall management arm, Hatten Commercial Management (“HCM”) to complement its property development business and drive recurring revenue. This new business division, which is expected to generate recurring income for Hatten Land, will eventually oversee 4,900 commercial retail units with a combined gross floor area of 4.34 million square feet, within five shopping malls developed by the Group.
Future Direction
The upcoming integrated development projects of Hatten Land include:
- MICC (Melaka International Convention Centre): mixed development including a shopping mall, cineplex, convention hall, an auditorium, meeting rooms, a hotel block and a serviced apartment block.
- Cyberjaya Project (Welldini Springs): another medical focused development that includes retail, commercial (offices), residential and hospitality units as well as a hospital.
- Plot K to E Project: 66 acres of leasehold land fronting the Straits of Melaka Straits at early conceptualisation stage and will provide a strong pipeline of future developments.