Bestt Properties( JHC Holdings )is YONG’s Venture Capital, Joint Venture (JV), Mezzanine Funding, and Development Management arm, another added service for YONG’s developer clients, land owners and local or international high net worth individual investor, for their development projects by way of JV with project marketing or pure development management services. The development funding will either come from JHC Holdings, its subsidiaries, or from YONG’s high net worth individuals. Even for large public companies like Delfin Lendlease, around 70% of their projects are joint ventures with land owners or fund managers in one stage.
Currently, JHC has a land potentially banking of over 2000 lots on around 15,000,000m²(3700 Acres or 1500 Ha) land with eventual completion value around $1 billion fully owned by Peter Huang and his wife. Peter 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 specialized Property Development Company – Paramount Property which successfully developed the Sunnybank Hills Pacific Centre Complex in 2001 where YONG’s headquarters are 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 Award.