BillionaireNet
Phing
Kwee Liong Phing
Rank #2125
SINGAPOREreal-estateReal estate

Kwee Liong Phing

Net Worth
$1.803B
0% (24h)
Kwee Liong Phing, a prominent figure in Singapore's real estate sector, holds a net worth of $1.7 billion as of December 15, 2025. His wealth stems primarily from his family's real estate holdings through the Pontiac Land Group. Kwee, along with his three siblings, oversees Pontiac Land, a privately held developer that owns luxury hotels and iconic office towers across Singapore. His career has been dedicated to building and managing luxury properties in Singapore and internationally. He is 67 years old, and a graduate of Cornell University.

The Full Dossier

Early Life

Kwee Liong Phing was born in Bandung, Indonesia, and is a citizen of Singapore. His father, Henry Kwee Hian Liong, a textile trader and real estate developer, founded Kwee Inc. Pte Ltd in 1959 and the Pontiac Land Group in 1961, after migrating to Singapore from Fujian Province, China.

Rise to Success

Kwee and his three brothers inherited the business after their father's passing in 1988, and have continued to expand the real estate empire. Pontiac Land Group has developed numerous iconic properties, including the Millenia Singapore complex, the Ritz-Carlton, Millenia Singapore, and the Conrad Centennial Singapore. Kwee, along with his brothers, also own luxury hotels like the Regent Singapore and the Capella Singapore. They have expanded their portfolio internationally, with projects in New York, Sydney, and the Maldives.

Key Business Strategies

Pontiac Land Group focuses on luxury property development, emphasizing quality, innovative design, and sustainable practices. Strategic locations and exclusive art enrich the experiences of living spaces. The group’s strategy also involves partnerships with award-winning architects and designers. In 2017, the group acquired the Capella Hotel Group. In 2024, a generational shift occurred, with the founding brothers ceding board positions to their children.

Philanthropy

Kwee and his family are actively involved in philanthropy and community initiatives, supporting causes in education, healthcare, and the arts.

Career Timeline

2024

Generational Shift

Kwee and his brothers ceded board positions to the next generation.

2017

Acquired Capella Hotel Group

The Kwee brothers acquired the Capella Hotel Group.

1988

Inherited the Business

Kwee Liong Phing and his brothers inherited the business after their father's passing.

1961

Pontiac Land Group Founded

Henry Kwee founded Pontiac Land Group (PLG), the foundation of the family's real estate empire.

Philanthropic Impact

EducationUndisclosed

Support of educational causes

The Kwee family supports educational causes in Singapore.

Arts and CultureUndisclosed

Support of arts and cultural causes

The Kwee family supports arts and cultural causes in Singapore.

Social and HumanitarianUndisclosed

Support of social and humanitarian causes

The Kwee family supports social and humanitarian causes.

Wealth Trajectory