IOI Properties Group has appointed Lorraine Shiow as the new CEO of its Singapore operations. With over 20 years of experience in the real estate industry, Shiow is set to lead the company's growth and development in the region.

Before joining IOI, Shiow was Frasers Property’s head of China. Apart from this, she has worked for several real estate firms such as ARA Asset Management, ING Real Estate Asia and Temasek Holdings-controlled CapitaLand. At IOI Properties, Show will oversee strategic planning, business development, and operational management in Singapore.

Datuk Voon Tin Yow, CEO of IOI Properties Group, welcomed Shiow, highlighting her strong leadership and industry expertise. Shiow's appointment aligns with IOI's goal to expand its presence and enhance its property portfolio in key markets.

IOI Properties Group holds assets worth about 36.1 billion ringgit in Malaysia, Singapore, and China, with 64 per cent of its market value in Singapore. The company is known for its iconic South Beach development and other key projects like Seascape and Cape Royale in Sentosa Cove.

This year, IOI Properties Singapore will complete its biggest project, IOI Central Boulevard Towers, the only new office building in Singapore's CBD focused on sustainability and well-being. About 50 per cent of its office space is leased to major tenants like Amazon and Morgan Stanley. This project is expected to generate S$180 million in annual rental income, contributing 20 per cent to the Group's revenue. Additionally, the Marina View project will soon launch, featuring luxury apartments and the 350-room W Singapore – Marina View.