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In the world today
Lim Chap Huat

Lim Chap Huat

L. Huat
0.12% | + $1.93M
$1.64 B ₹ 14,876 Cr
Real Time Net Worth #2378 Ranking as of 21 Feb 2026 By Forbes

More on Lim Chap Huat

Gender

Male

Age

72Y

Country

Malaysia

Born On

January, 1954

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Bandar Utama City Corporation

Titles

Executive Chairman

Sources of Wealth

Bandar Utama

Industry

Real Estate

About Lim Chap Huat


L im Chap Huat is a self-made Malaysian property developer and the founder and executive chairman of See Hoy Chan Sdn. Berhad Group's property development division, now more famously known as Bandar Utama City Corporation. He is the visionary behind the highly successful Bandar Utama township in Petaling Jaya, one of the most sought-after residential and commercial addresses in the Klang Valley. His flagship development is the massive 1 Utama Shopping Centre, which is consistently ranked among the world's largest malls.

Starting his career in the 1980s, Lim demonstrated a keen ability to identify and develop large-scale integrated townships. The Bandar Utama project, which he master-planned, includes not just the giant mall, but also residential neighborhoods, office towers, a hotel, and a community college. His meticulous planning and focus on creating a self-contained, convenient urban environment became a benchmark for township development in Malaysia. His wealth is derived from his ownership of these prime real estate assets.

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Quick Reads


  • Founder and Executive Chairman of Bandar Utama City Corporation.
  • Master developer behind the successful Bandar Utama township.
  • His flagship project is the 1 Utama Shopping Centre, one of the world's largest malls.
  • His integrated township model includes residential, commercial, and educational components.
  • He is a self-made real estate tycoon.

Early Life and Background


Lim Chap Huat is a Singaporean businessman, the self-made billionaire Executive and a key shareholder of Fragrance Group Limited (SGX: F03), a major property developer and hotel operator. His career is rooted in real estate and property management.

Lim's career is defined by his long-term executive leadership and financial stewardship of this industrial asset. He is a key executive and partner of Koh Wee Meng (the founder). His structural role is tied to the successful development of high-yield, budget accommodation and the management of a diverse property portfolio in Singapore, Australia, and the U.K.

  • Fragrance Group Limited (Executive & Shareholder): The core publicly traded asset, a major property developer and hotel operator (known for the Fragrance Hotel budget chain).
  • Property Strategy: His success is built on acquiring and developing small land plots and transforming them into high-yield accommodation (a crucial strategy in Singapore).
  • International Expansion: The Group successfully expanded its portfolio into Australia (hotels, residential) and the U.K. (including the historic Grand Hotel in Blackpool).
  • Investment Strategy: His philosophy is rooted in long-term asset hold and financial prudence in high-stakes urban property development.

Career Journey of Lim Chap Huat


Lim Chap Huat's strategic leadership involves managing the immense Fragrance Group empire. Under his guidance as an Executive, the company grew exponentially, successfully executing its IPO on the Singapore Exchange (SGX). His structural contribution is tied to providing essential budget and mid-range accommodation in Singapore's high-cost urban environment.

His wealth is secured by the colossal, long-term, stable appreciation and cash flow generated by his vast Singapore and international real estate portfolio.

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Lim Chap Huat's Timeline


1980s (approx.):

Joins Fragrance Group Limited (Corporate Entry).

Ongoing:

Fragrance Hotel chain achieves massive scale in Singapore (Market Domination).

Ongoing:

Lim Chap Huat assumes his executive role (Executive Ascent).

Ongoing:

Continues as a key executive and shareholder, guiding the real estate giant (Executive Oversight).

Major Business Ventures and Investments


Lim Chap Huat's wealth is concentrated in his executive equity stake and continued leadership role in the publicly traded real estate giant, Fragrance Group Limited (SGX: F03).

  • Fragrance Group Limited (Executive & Shareholder): The core publicly traded asset, a major property developer and hotel operator (known for the Fragrance Hotel budget chain).
  • Property Strategy: His success is built on acquiring and developing small land plots and transforming them into high-yield accommodation (a crucial strategy in Singapore).
  • International Expansion: The Group successfully expanded its portfolio into Australia (hotels, residential) and the U.K. (including the historic Grand Hotel in Blackpool).
  • Investment Strategy: His philosophy is rooted in long-term asset hold and financial prudence in high-stakes urban property development.

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Philanthropy and Social Impact


Lim Chap Huat's social impact is structural, stemming from Fragrance Group's role in providing essential budget accommodation and contributing to the urban infrastructure of Singapore. His companies provide thousands of stable jobs in construction, hospitality, and property management.

His personal philanthropy supports various community and educational initiatives. His structural contribution is tied to the successful development and commercialization of high-yield real estate assets in high-density urban centers.

Fashion, Style, and Lifestyle


Lim Chap Huat maintains the professional, composed style of a real estate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-stakes property development sector.

Residing in Singapore, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, investment strategy, and the long-term stewardship of the Fragrance Group empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a key executive and shareholder of Fragrance Group Limited (property developer).
  • His company is known for the Fragrance Hotel budget chain.
  • His wealth is tied to the successful strategy of developing high-yield, budget hotels in Singapore.
  • The Group successfully expanded its property portfolio into Australia and the U.K.
  • His fortune is a direct result of the long-term appreciation of prime Singapore real estate.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His philosophy emphasizes efficiency and niche market domination in real estate.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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