Frasers Property logs $1 bil in pre-sold residential revenues; shareholders to vote on hospitality portfolio optimisation on Aug 28
In Singapore, the group has around $400 million in unrecognised revenue throughout 948 deals ready, while Australia accounts for $500 million throughout 1,415 contracts. Thailand and China compose the remainder.
Along with the suggested rebuilding, the group accomplished other efforts to improve its profile for more powerful long-term returns during the initial nine months of its fiscal year.
The team’s net gearing stood at 93.6% as at June 30, while money and bank equilibriums completed $2 billion.
Frasers Property’s unrecognised earnings from residential developments stood at $1 billion as of June 30, down from $1.4 billion since Sep 30, 2025.
In its service update for the first 9 months of its financial year ended June 30, the business says earnings presence is upheld by Dunearn House in Singapore, that saw 56% of its 380 units offered throughout its July launch weekend, together with additional pipeline from 2 Government Land Sale (GLS) sites got this year.
At the same time, the group will seek shareholder approval for the suggested revamp of its hospitality profile at an astounding general meeting that will be hung on Aug 28.
In Australia, profits visibility is sustained by the kick off of SkyRidge, a 334ha masterplanned community in Queensland, Australia. Launched in July, it consists of 2,760 land lots and a retail center.
The proposition entails altering specific plans implemented for FHT’s list, including the relocation of minimum set rental and business assurance obligations by Frasers Property. It also consists of consolidating complete possession of Fraser Suite Singapore, that would certainly promote the redevelopment of the Valley Point mixed-use site.
These include $2.21 billion in funding reusing through its listed Reits, resources partnerships and sales to third parties; recurring retail and hospitality possession improvement efforts, and consolidating ownership of the leasehold plot at The Centrepoint.
Last month, a Frasers Property-led consortium protected a mixed-use GLS site at Bayhore Drive for $2.128 billion ($1,323 psf ppr). It is anticipated to produce about 1,280 housing units and 242,188 sq ft of business spot.
On June 25, Frasers Property announced plans to optimise its reception portfolio, as part of the following phase of its hospitality strategy, following the privatisation of Fraser Hospitality Trust in 2025.
Newport Residences City Development (CDL)
The optimization opens capital from secured possessions while keeping a recurring revenue base, says the team. Frasers Property will retain assets that have upside possible, while non-core assets will certainly be held for future opportunistic divestment.
In its commercial and logistics sector, the group included concerning 68,300 sq m (735,175 sq ft) of landbank during the first nine months of the financial year, while also supplying 205,538 sq m (over 2.2 million sq ft) in development tasks.
In April, a joint venture in between Frasers Property and Mitsubishi Estate was granted a GLS site at Kallang Close for $610.75 million, or $1,415 psf per plot ratio (psf ppr). The property developers plan to release the 463-unit project in 2H2027.
The SkyRidge site is just one of two significant sites Frasers Property obtained in Australia in June as area of its landbanking efforts, with the other being a 60ha site in Geelong, Victoria. Together, both sites include 3,800 units to the group’s non commercial advancement pipeline.
