Hiap Hoe Ltd is a regional real estate group with a diversified portfolio of hospitality, retail, commercial and residential assets. It has four reportable operating segments - Development Properties, Rental, Leisure, and Hotel Operations. The Development Properties segment is in the business of acquiring land/property and developing it into residential/industrial/commercial properties for sales. The Rental segment is in the business of renting space. The Leisure segment is in the business of providing leisure and recreational facilities. The Hotel Operations segment is operated under the brand names of Ramada Singapore and Days Hotel Singapore. It has operations in Australia and Singapore out of which Singapore contributes the vast majority of revenue.