Frasers Property logs $1 bil in pre-sold residential revenues; shareholders to vote on hospitality portfolio optimisation on Aug 28
The proposal includes turning around specific plans put in place for FHT’s list, involving the relocation of minimum set lease and corporate guarantee obligations by Frasers Property. It also consists of combining complete possession of Fraser Suite Singapore, which would certainly facilitate the redevelopment of the Valley Point mixed-use site.
In Australia, earnings presence is supported by the kick off of SkyRidge, a 334ha masterplanned neighborhood in Queensland, Australia. Released in July, it consists of 2,760 land lots and a retail center.
In its commercial and logistics segment, the group added concerning 68,300 sq m (735,175 sq ft) of landbank during the first 9 months of the fiscal year, while likewise delivering 205,538 sq m (over 2.2 million sq ft) in advancement tasks.
The team’s internet tailoring stood at 93.6% as at June 30, while cash and bank balances amounted to $2 billion.
These include $2.21 billion in resources reusing via its listed Reits, capital partnerships and sales to 3rd parties; continuous retail and friendliness possession improvement campaigns, and consolidating ownership of the leasehold plot at The Centrepoint.
Along with the suggested restructuring, the group executed other campaigns to improve its portfolio for stronger long-term returns during the very first 9 months of its fiscal year.
On June 25, Frasers Property announced plans to optimise its reception account, as aspect of the next phase of its hospitality approach, following the privatisation of Fraser Hospitality Trust in 2025.
Frasers Property’s unrecognised revenue from residential growths stood at $1 billion as of June 30, down from $1.4 billion as of Sep 30, 2025.
In April, a shared project in between Frasers Property and Mitsubishi Estate was awarded a GLS site at Kallang Close for $610.75 million, or $1,415 psf per plot ratio (psf ppr). The developers plan to release the 463-unit project in 2H2027.
At the same time, the group will certainly look for investor approval for the proposed revamp of its hospitality profile at an astounding general meeting that will be held on Aug 28.
Lentor Gardens Residences condominium
The SkyRidge site is among two significant sites Frasers Property obtained in Australia in June as area of its landbanking efforts, with the some other being a 60ha site in Geelong, Victoria. Together, the two sites add 3,800 units to the group’s residential development pipeline.
In Singapore, the group has about $400 million in unrecognised earnings across 948 agreements ready, whilst Australia make up $500 million throughout 1,415 contracts. Thailand and China compose the remainder.
The optimisation unlocks capital from secured possessions while preserving a recurring income base, says the team. Frasers Property will keep assets that have upside prospective, while non-core properties will be held for future opportunistic divestment.
In its business upgrade for the very first nine months of its financial year finished June 30, the business states earnings presence is supported by Dunearn House in Singapore, which saw 56% of its 380 units marketed during its July launch weekend, along with added pipeline from two Government Land Sale (GLS) sites obtained this year.
Previous month, a Frasers Property-led consortium safeguarded a mixed-use GLS site at Bayhore Drive for $2.128 billion ($1,323 psf ppr). It is expected to produce about 1,280 housing units and 242,188 sq ft of industrial spot.
