Frasers Property Diversified Growth
Frasers Property China
Notes on profit recognition¹
Project
Baitang One (Phase 3B), Suzhou
Effective share
(%)
Gross total
Effective total
% of units
no. of units²
no. of units³
sold4
('000 sqm)
Estimated gross
total saleable area
Estimated effective
total saleable area
('000 sqm)
Target
completion date
100
380
380
91.6
58
58
Completed
Chengdu Logistics Hub (Phase 4), Chengdu
80
358
358
97.5
164
164
Completed
Gemdale Megacity (Phase 2A), Songjiang, Shanghai - retail
Gemdale Megacity (Phase 3C), Songjiang, Shanghai - retail
45
22
10
100.0
4
2
Completed
45
71
32
91.5
8
4
Completed
Gemdale Megacity (Phase 4F), Songjiang, Shanghai - retail
Gemdale Megacity (Phase 4D), Songjiang, Shanghai - retail
45
3
1
66.7
0.2
0.1
Completed
45
11
5
81.8
1
0.5
Completed
Opus One5,6, Xuhui, Shanghai
8.75
359
31
100.0
39
3
Completed
Club Tree, Songjiang, Shanghai
15
1,826
274
99.6
201
30
1Q FY24
Galaxy Nanmen5, Jiading, Shanghai
Palace of Yunjian, Songjiang, Shanghai
Upview Hongqiao, Qingpu, Shanghai
Upview Malu, Jiading, Shanghai
2222
12
796
96
96
100.0
88
11
2Q FY24
20
791
158
98.4
88
18
1Q FY25
25
886
222
99.5
84
21
12
1,013
122
98.9
105
23
1Q FY25
13
2Q FY25
1. Profit is recognised on completion basis. 2. All references to units exclude carparks. Including 100% of JVs. 3. All references to units exclude carparks. Includes the Group's effective interest of equity-accounted JVs and associates. 4. As at 30
September 2023, based on sales & purchase agreements signed. 5. Accounted for as a JV. 6. The development scheme excludes 126 long-term lease apartments.
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