Hi all NOR here hope this is a new Start to a happy end for all us pif..
JHC Holdings is YONG's Venture Capital, Joint Venture (JV), Mezzanine Funding or Development Management arm, another added service to YONG's developer clients, land owners, local or international high net worth individual investors, for their development funding by way of JV or pure development management services. The development funding will either from JHC Holdings, its subsidiaries or from YONG's high network individuals. Even for large public companies like Delfin Lendlease, around 70% of their projects are joint venture with land owners or fund managers.
Currently, JHC has a land banking of around 2,500 lots on around 5,100,000m ² land with eventual completion value around 1 billion fully owned by Peter Huang and his wife and is planning to increase it to around 10,000-20,000 lots in the future through Joint Venture and Development Management while potentially making YONG a $1 billion company.
JHC is the advance of YONG's specialised Property Development Company - Paramount Property which successfully developed Sunnybank Hills Pacific Centre Complex in 2001 where YONG's headquarters is located along with many other different businesses. The Pacific Centre, Paramount Property's maiden project, won both the QMBA Brisbane Region Award and the QLD Wide State Award.
read more
News & Events
1st / November / 2013
JHC BuyS the Iconic Kooralbyn Resort
JHC Subsidiary has bought the Kooralbyn Resort from the receiver and the contract has gone unconditional from 31 October 2013. The previous 5 star resort sits on 333 hectares of future urban land in the Gold Coast Hinterland boasting a 100 room hotel built by Japanese in 1991 and 36 lodges built by the original owner Sydney Knights: Sir Peter Abeles and Sir Arthur George in 1973. It also has one of the best golf courses in Australia, a private airport, polo field, equestrian field and an international school. The polo field was the richest Australian Kerry Packer's favorite play ground. World no. 1 Cathy Freeman and world no. 2 Adam Scott as well as Jason Day etc all graduated from the school and it's the only school in Australia produced 2 Young Australian of the year: Olympian Cathy Freeman and scientist Scott Hocknull.
The property also has great future development potential including a 423 lot golf frontage subdivision. The resort is one of the only few resorts in Australia enjoying the integrated resort status (ITR) where any foreign person can buy the established home there, instead of having to buy only brand new properties.
1st / May / 2013
JHC has formally launched its new project - Crystal Place at 36 Ewing Road, Logan Central. It boasts 16 townhomes priced from only $299,000 which is below the bank valuation. 11 out of the 16 townhouses have also obtained NRAS approval so investor will be positively geared from the very beginning.
17th / September / 2012
JHC Holdings is formally appointed by one of China's largest developers as development manager to start the process for MCU for the property at 2236 Beaudesert Rd, Calamvale, potentially a $35 Million, 90 townhouses projects.
2nd / May / 2011
JHC Holdings has successfully completed and handed over all 5 projects for the State Government on turn key based.
9th / August / 2010
JHC Holdings acquired the 10,752 m ² Hillcrest retail warehouse property for positively geared incoming producing and future renovation property to further improve its value.
25th / July / 2010
JHC Holdings acquired another 168 Acres South Ripley property for future small lots land subdividivision and potential shopping centre development.
5th / February / 2010
JHC Holdings was formally appointed by the QLD State Government to deliver five social housing projects. The projects are located in Redcliffe, Albion, Brassal, Waterford West and Mermaid Beach.