Frasers Property posts $1.4b residential sales
In Singapore, 712 units were sold.
Frasers Property Limited reported $1.4b in pre-sold residential revenues for the nine months ended 30 June 2025, with strong sales across Singapore, Australia, Thailand and China.
In Singapore, 712 units were sold, generating $0.4b in unrecognised revenue. The Robertson Opus sold 41% of units at launch, whilst The Orie reached 91% sales.
The group secured its first Government Land Sales site in the Bukit Timah Turf City Masterplan via joint venture, expected to yield 380 units. In Australia, 774 units were settled with $0.5b in unrecognised revenue; Thailand recorded 1,125 units settled and $0.08b in unrecognised revenue; China’s portfolio was substantially sold with $0.4b in unrecognised revenue. Construction began in May on a new site in Shanghai’s Songjiang District.
The Industrial & Logistics segment saw strong demand, completing over 600,000 sqm of net lettable area across Australia, Europe, Thailand and Vietnam, with more than 380,000 sqm in the pipeline.
Hospitality growth included six new openings in Mainland China and Vietnam, and a management agreement for Fraser Place Roppongi Tokyo.
Occupancy remained high across investment properties: 98.1% in Australia’s industrial portfolio, 92.7% in Europe, ~93% in Thailand, and 99.6% in Singapore retail.
The group continued active capital recycling, selling a 50% stake in Northpoint City South Wing to Frasers Centrepoint Trust and forming a $503m I&L joint venture in Australia. It divested non-core assets in Australia, Europe and Southeast Asia, including retail, hospitality, and industrial properties.
Net gearing rose to 89.2% due to capital expenditure and acquisitions. The group held $2.6b in cash and deposits and is positioned to meet all debt maturities in the next 12 months.
Frasers Property said it will focus on navigating economic uncertainty, maintaining capital efficiency, and advancing sustainability initiatives, including its Climate and Nature Transition Plan launched in June 2025.