Build a luxury mall specifically for the rich in Karawang, who is Tuan Sing?

Karawang will have an international class luxury outlet mall in 2023. The mall, entitled The Grand Outlet-East Jakarta, is planned to be built in the second quarter of 2022 with an investment value of 90 million Singapore dollars or Rp. 953 billion. From the construction schedule, The Grand Outlet-East Jakarta is expected to open in the fourth quarter of 2023. The Grand Outlet-East Jakarta, which was built on 9 hectares of land, is planned to become a world-class shopping destination. So, visitors can enjoy retail therapy with a green urban space concept. The mall outlet will offer leading international brands selling everything from luxury clothing, bags and suitcases, to high-end accessories. From the magnificent story of The Grand Outlet-East Jakarta, there are two names of property groups that played a role in creating this mall. They are Mitsubishi Estate Co Ltd whose name is already known in the Indonesian property world through several projects it has built, such as Daswin Office, to The Okura Residence and Hotel Okura. Meanwhile, another name is Tuan Sing Holdings Limited. So, who is Tuan Sing? Tuan Sing Holdings Limited or known as Tuan Sing or The Group is a regional investment holding company with a main focus on property development, hotel investment and others, as well as industrial services. Founded in 1969, Tuan Sing is based in Singapore and has at least 60 subsidiaries, joint ventures and several partners in Singapore, China and Indonesia. Currently, Tuan Sing has been led by William Nursalim or William Liem since 2008. He is the son of Sjamsul Nursalim, a tire entrepreneur from Indonesia. In the property segment, Tuan Sing focuses on project development in Singapore and Indonesia. Meanwhile, investments are made in Singapore, China and Australia. The project developed by Tuan Sing is the township (independent city) Opus Bay in Batam, Riau Islands (Kepri). In this project, the product sold by the company is Waterfront Residential Apartments. This project consists of 1,500 studio to three bedroom type units. Then, there are also 300 premium villas from 3 bedrooms to 6 bedrooms. Meanwhile, Tuan Sing is developing projects in the country where it is based, namely Singapore. Several projects being developed include the Kandis Residence, Mont Botanik Residence, and Peak Residence and their main investments are the 18 Robinson office building and the Link @896 mall. Then in the industrial sector, Tuan Sing invested around 80.2 percent of equity shares in SP Coporation Limited or SP Corp which is listed on the Singapore Stock Exchange. Just so you know, SP Corp is a company that operates in the commodity trading sector. Tuan Sing is also the full shareholder of a company engaged in the business of manufacturing and marketing polypropylene packaging bags in Malaysia, Hypak Sdn Bhd. In terms of hotel investment, the company invested in two hotels in Australia such as the Grand Hyatt Melbourne and Hyatt Regency Perth which are managed by Hyatt International. Meanwhile, another investment made by Tuan Sing was ownership of 44.5 percent of the shares in the printed board production company, Gul Technologies Singapore Pte Ltd or GulTech. Then, 49 percent of shares in the golf sports product retail business, Pan-West (Private) Limited. Source: https://www.kompas.com/properti/read/2022/03/25/112948321/bangun-mal-mewah-khusus-kalangan-tajir-di-karawang-siapa-tuan-sing?page=all