Tong Eng Group is established by founders Teo Thye Char and his younger sibling, Thye Hong in 1940s. In their early clays, the company engaged in the trading of electrolytic tinplates. In 1950s, responding to the government's call for post-war rebuilding efforts Tong Eng Group diversify into property development resulting in upcoming Belgravia Ace Condo Singapore.

The brothers saw the potential for property development and bought land in the undeveloped Paya Lebar district. The land eventually developed into the first industrial estate in the vicinity. With this success, more land is being acquired in the city's suburbs such as Changi and Pasir Panjang to name a few. The Group continued to focus on property developments which spreads across various sectors such as landed segment, private residential condominiums and retail malls.

Their track records include View At Kismis, Wilshire Residences, Belgravia Green, Treasure Place and many more. Their awards include Best Real Estate Developer Company—Singapore 2019 by 2019 International Business Magazine and Most Innovative Real Estate Developer — Residential —Singapore 2019 by 2019 International Finance Awards thus potential homeowners of Belgravia Ace Condo Singapore can expect excellent layout design and superb quality finishing in their dream homes.