Frasers Property Diversified Growth
Frasers Property Vietnam
Business Unit Overview
Building an integrated platform with a sustainable portfolio
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Commercial: office NLA of ~22,500 sqm
Industrial: total land area of ~1,294,000 sqm, total NLA of ~680,000 sqm
Completed NLA ~40,000 sqm, NLA under development ~145,000 sqm, NLA in land bank - 495,000 sqm 5
Melinh Point, Ho Chi Minh City
Grade A office building in
CBD, Ho Chi Minh City
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NLA of 17,500 sqm
WORCO
ential
MELIA
Worc@Q2², Ho Chi Minh City
Service office tower in District
2, Thu Duc City, Ho Chi Minh
City
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NLA of 5,000 sqm
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Industrial Service Centre, BDIP³, Binh
Duong province
518,294 sqm of industrial land in
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Binh Duong Province for
development and strategic
divestment BDIP has an
estimated total development
~
value of S$180 million with over
220,000 sqm of facilities
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Artist's impression of a project
component4, northern Vietnam
775,819 sqm of industrial land
in northern Vietnam
Estimated total development
-
value of S$320.5 million with
~460,000 sqm of facilities
expected to be delivered
from FY24 to FY27
expected to be delivered by FY26
1. FPL holds a 75% stake through its indirectly wholly owned subsidiary, MLP Co Pte. Ltd. 2. FPL holds a 70% stake through its indirectly wholly-owned subsidiary, FCL Imperial Pte. Ltd. 3. BDIP is wholly owned by FPT. 4. FPL holds a 51% stake
through its indirect wholly owned subsidiary, Frasers Property Investments (Vietnam) 1 Pte. Ltd. 5. Including land pending completion of acquisition. 6. BDIP total land area is 588,443 sqm, of which 70,149 sqm was divested in FY23.
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