FY22 Financial Highlights slide image

FY22 Financial Highlights

Resilient demand for quality residential developments in Singapore Steady progress for current development projects; new launch in the quarter received strong demand • Sales of launched projects continued to strengthen despite property curbs introduced in December 2021 Sold 80% of Rivière units with target completion in 1H FY23 • • • Sold 100% of Parc Greenwich EC units within nine months from launch with target completion in 2H FY24 Sky Eden@Bedok launched to strong demand • Sold 75% on launch day on 7 September 2022 at an average price of about S$2,102 per square foot, with target completion in 1H FY26 Monitoring prevailing headwinds and implementing contingency plans Multi-pronged marketing strategies to support sales have delivered good results • Macro Drivers and Industry Trends Positive momentum in 3Q 2022 driven mainly by robust home sales in the private non-landed residential segment 3.8% increase in Singapore private residential prices4 in 3Q 2022, compared to 3.5% increase in 2Q 2022 8.8% decrease in private residential unit sales volume (excluding executive condominiums)4 in 3Q 2022 compared to 2Q 2022, with a significant 125% rebound in September 2022 compared to August 2022 Residential Portfolio Activity in FY22 473 S$0.8b Units sold 1,2 Unrecognised revenue³ awww 1. Including options signed. 2. Includes 100% of JV projects. 3. Includes the Group's subsidiaries at 100% and effective interest of JVs. 4. ura.gov.sg/Corporate/Media-Room/Media-Releases/pr22-38. We are Frasers Property Artist's impression - Parc Greenwich, Singapore 28 20
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