Company Profile

JHC Holdings is YONG's 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. Even for large public companies like Delfin Lendlease, around 70% of their projects are joint venture with land owners or fund managers.

JHC is the advance of YONG's 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 the QMBA Brisbane Region Award and the QLD Wide Award.

Peter Huang is the founder of YONG Real Estate and JHC Holdings. The name JHC incorporates the initials of Peter Huang's three children: Jade, Harvey and Constance. It is also the original name of the YONG family's traditional business established in the early 1900's in China which cased operation after the Communist Party took over the government in 1949. Peter is now reviving the family business tradition established by his grandparents.

The name JHC Development Group incorporates the initials of Peter Huang's three children: Jade, Harvey and Constance.

It is also the original name of the YONG family's traditional business established in the early 1900's in China, which ceased operation after the communist party took over the government in 1949.

JHC is the advance of YONG's Property Development Company Paramount Property which successfully developed Sunnybank Hills Pacific Centre Complex in 2001 where it houses YONG Corporate Office and many other different businesses. As Paramount Property's maiden project, it won the QMBA Brisbane Region Award, followed by the Qld Regional Award.

As one of Queensland's top 400 private companies with net assets over $80 million in early year 2008, Peter Huang announced the YONG Group's three strategic directions for the future at YONG Real Estate's 2007 Annual Sales Convention:

  • YONG Real Estate
    Become the largest real estate network in the world potentially employing over 300,000 people.
  • JHC Development Group
    Become one of the largest development companies in Queensland.
  • YONG Foundation
    Become one of the largest charity foundations in Australia.

As of 2010, JHC has a land banking of around 2,200 lots with completion value around $900 million and is planning to increase it to around 10,000-20,000 lots in the future while potentially making YONG Group and JHC Development Group a $1 billion company.

For more information about YONG Group, you may visit www.yong.com.au.