Lake Malaren Golf Club is one of the key projects located in the North European New Town, Baoshan, Shanghai. The investor is China New Town Development Co, Ltd (listed on both Singapore and Hong Kong stock markets), which is a subsidiary of the SRE Group. The New Town is the only town in Shanghai awarded by the National Development and Reform Commission, and also honored as a "Model Town" by the United Nations Development Programme. Lake Malaren is only 28 KM (40-minutes) away from Shanghai city center.
2003 - Club construction commenced, and officially opened on the 28th of September 2004.
2005 - Completion of North course and Lake Malaren Crowne Plaza Hotel construction and the 36 hole golf resort opened. In the same year, Lake Malaren became the first golf club certified by Audubon International in Asia.
2010 - Lake Malaren signed a professional golf event management agreement with IMG, aiming at having a future major championship. Lake Malaren invited top course designer and golf legend – Mr. Jack Nicklaus to redesign and reconstruct a brand new "Legacy Signature Design", especially for Tour events– named the Masters Course.
2011 - The inaugural Lake Malaren Shanghai Masters took place successfully on 27th - 30th October 2011. Many top ranked players in the world including defending champion Rory McIlroy got together to play for the highest first prize ever in golf of $2million at Lake Malaren. The course was highly praised by the players and officials. Spectacular crowds and successful event operations amazed all the guests, media and officials. The event became a new legend and topic in the China golf industry and globally.
2012 - Lake Malaren will work in conjunction with BMW as the presenting partner of a major new event named "BMW Masters" on the European Tour Calendar. With world ranking points now available, and substantial prize money on offer, this splendid event will attract the top golf stars in the world, and will definitely entertain all the golf community around the world. This event will boost and develop the local region and become a mega yearly sports event for the city of Shanghai.
Lake Malaren Golf Club will keep thriving to eventually become the 5th major in the world of golf and maintain its status as a leader in Chinese Golf.
About China New Town Development Co. Ltd.
China New Town Development Co. Ltd. (CNTD) was established in 2006. It was listed independently on the main-board market of the Singapore Exchange Ltd (D4N.si) on Nov 14th, 2007 and subsequently on October 22, 2010 it was added to the main-board market of the Stock Exchange of Hong Kong Ltd (HK. 1278). In 2009, it became an affiliate of SRE Group.
CNTD has developed and maintains a unique business mode to ensure success. It engages in primary land development and business integration through joint ventures and investments with local governments and obtains substantial profits through a public auction of the lands. CNTD is entitled to exclusive development and management rights in each new town project. CNTD is not only responsible for the overall new town master plans, primary land development and infrastructure construction, but also devoted itself to creating long-term value for the new town through construction of high-quality facilities, introduction of first class brands and bring leading property developers into the new town and etc. At present, CNTD is undertaking three new town-sized projects: North Europe Town of Luodian, located in Baoshan district in Shanghai (6.8 square kilometers), Hongshan Cultural Town of Wuxi, Jiangsu province, (8.6 square kilometers) and Lixiang New Town in Shenyang, Liaoning province, (20 square kilometers).
Besides land sales, CNTD also develops, manages and operates all of the commercial properties in the respective towns, such as hotels, conference centers, retail streets, hospital and recreational facilities for future growth.
Additionally, since the beginning of 2011, CNTD has been actively taking part in real estate development to diversify its business. At present, it is participating in the ”Lake Malaren Silicon Valley” and “Lake Malaren UHO Project” in Shanghai, “Jiangnan Richgate II” in Wuxi, Jiangsu province, and ”Albany Oasis Garden” in Chengdu, Sichuan province and some other projects and continues to be a major player in developing the future towns of China.