<div id="readability-page-1"><p>The 181.36-hectare (1.81-million-square-meter) site, located in Elimbah, part of the City of Moreton Bay, is earmarked for the development of about 1,400 residential and 64 mixed business and industrial lots, The Business Times reported, citing a company statement on Monday.</p><p>The deal was carried out through Ho Bee Land’s fully owned subsidiary, Elimbah Land, which paid A$10 million upon the execution of the sale contract. The outstanding sum is to be paid in stages based on agreed settlement milestones.</p><p>Ho Bee Land said the purchase aligns with its plans to shore up its long-term land bank in major Australian markets.</p><p>It bought five properties in the country for A$96.6 million last November, including three sites in Queensland and another two in the southeastern state of Victoria, according to <em>The Edge Singapore</em>.</p><p>The acquisitions come as the national median home price in Australia climbed to a new peak of A$1.3 million last year, driven by strong population growth amid rising migration, as per property portal Domain Australia.</p><table><tbody><tr><td><img src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/01/27/800px-Chua-Tian-Poh-Ho-Bee-jpe-6313-9946-1769482698.jpg/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9U0l6UzNyQmlKUF9qR0hSRDRZdmtMQSZ3PTY4MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="680" height="453" original-src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/01/27/800px-Chua-Tian-Poh-Ho-Bee-jpe-6313-9946-1769482698.jpg/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9U0l6UzNyQmlKUF9qR0hSRDRZdmtMQSZ3PTY4MA"/></td> </tr><tr><td> <p>Chua Thian Poh, founder of Ho Bee Land. Photo from NUS Chua Thian Poh Community Leadership Center's website</p> </td> </tr></tbody></table><p>Chua founded Ho Bee Land in 1987, initially gaining prominence for developing luxury condominiums on Singapore’s Sentosa resort island.</p><p>Ho Bee Land’s website says the group has assets valued at about S$7 billion (US$5.52 billion) and a portfolio comprising 35 developments across four countries, including nine prime office properties.</p><p>Its properties in the city-state include The Metropolis, a pair of office towers completed in November 2013 with a combined gross floor area of 1.2 million square feet (111,480 square meters).</p><p><em>Forbes</em> previously ranked Chua 40th on its list of the richest people in Singapore. His net worth is estimated at US$1.5 billion as of Jan. 27, 2026.</p></div>

和美置地

<p>和美置地由新加坡億萬富翁蔡天寶領導，正在以 3.185 億澳元（2.203 億美金）收購澳大利亞昆士蘭州一塊 181.36 公頃的土地。該地塊將開發約 1400 個住宅用地和 64 個混合用途用地。這項收購是和美置地在澳大利亞擴展土地儲備戰略的一部分，此前該公司已進行總計 9660 萬澳元的收購。由於移民增加，澳大利亞房地產市場正在增長，中位房價已達到 130 萬澳元</p>

新加坡億萬富翁蔡天寶的和美置地以 2.2 億美元收購澳大利亞房地產