Dato’ Colin Tan, is the Executive Chairman and Managing Director of Hatten Land Ltd — a Malaysian property developer with a name for visionary innovation in niche land and area developments. Dataran Pahlawan Mega Mall (DPMM) was Dato’ Colin’s first foray into the property market (together with his brother, Dato’ Edwin), when he bought an abandoned building site in Melaka.
Today, it is recognised as a catalyst for economic growth and community development in overlooked and underdeveloped sites across the peninsular. Having grown from strength to strength, Hatten Land currently oversees a property portfolio of over RM2 billion in market value and was recently listed on the Singapore Stock Exchange’s Catalist board.
“As a brand, ‘value-creation’ is what I want to be known for in the minds of our stakeholders and the public.” Dato’ Colin shares. “The first question we ask when deciding whether to venture into a new area is if we can create value by contributing in one way or another to the various communities and lives there. Our project has to be welcomed by the local community, be complementary to the local environment and achieve sustainability in the long run. It’s a twist from profit-driven decision-making, but we feel that if you start with this approach, then the profits will follow.”
Hatten Land’s current portfolio comprises 7 multi-award winning integrated mixed- use developments and a retail mall in Melaka. These include Hatten City Phase 1 — an iconic mixed development that integrates 4 distinct projects, namely Elements Mall, SilverScape Residences, Hatten Suites and a tower block managed by Hilton Worldwide as part of its Double-Tree brand, Hatten City Phase 2 — a 33-storey mixed development that spreads across 4 acres, Harbour City — a 6-acre marine- theme mixed development comprising a 6-storey mall, a 500,000 square feet water theme park and 3 international standard hotels, and Vedro by the River, a 519-unit mall fronting the historic Melaka River in the business district of Bunga Raya.
Being voted among the top 10 developers in Malaysia, Dato’ Colin has big dreams of growing Hatten’s revenue, with the eventual goal of surpassing Singapore’s GDP. “It’s obviously a far-off eventuality, but as long as I feel that I am adding value in what I do, I’m going to keep at it.”
Dato’ Colin acknowledges that flexibility and creativity are essential to the future development of the company — given the dynamic nature of markets and workspaces today. A large part of Hatten’s strategy for the future includes Corporate Social Responsibility (CSR) programmes that sustainably blend Hatten’s business models with support and contributions to the communities that it is in, including a co- working space in Melaka where Hatten will provide both business mentorship and investment to aspiring local entrepreneurs.
Driving home Hatten’s message of “value-creation” in communities, the group aims to boost medical and wellness tourism in Melaka via SATORI, a wellness hub that promises a holistic, pampering-getaway wellness experience.
With a clear vision, strong track record and access to more than 20 land bank and development rights in high growth cities, Hatten Land is poised for its next chapter of growth with a host of innovative concepts planned till 2024.
This interview is part of Influential Brands® Top CEO of the Year series, which recognises and profiles a select group of CEOs who are exemplary in 5 areas; Brand Leadership, Brand Expansion, Financial Performance, Innovation and Personal Integrity.
InfluentialBrands® recognises Brand Excellence & Leadership in Asia. Through our unique channels and methods, InfluentialBrands® aims to be a platform and champion of brand thought-leadership. The programme is tailored to enrich brands’ relationship with their consumers through meaningful conversations and engagement.
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