Investor Meeting Presentation June 2010 (04Jun10) · Ranked 1st in IMD World Competitiveness...

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Investor Meetings June 2010

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Content

Introduction

Strategic Focus

Updates

Market Review & Outlook

i d Going Forward

Recent Awards

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Introduction

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Introduction

Total assets of $6.7 bil as @ 31 Mar 2010Market cap of $5.3 bil as 4 June 2010

Premier Property Company

Developer of One Raffles Quay, Marina Bay Financial Centre and Ocean Financial Centre

in Singapore’s Crown Jewel Marina Bay

Leading Prime Office Player

Focus on thematic residential and township developments in Singapore, China,

Asia’s Quality Home Developer

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p p g pVietnam, India and Indonesia

Home Developer

Manager of four property funds and a pan‐Asian commercial REIT

Established Property Fund Manager

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Vision and Mission

Vision

b h l l dTo be the premier multi‐national corporation providingurban living solutions through the twin core businesses ofproperty development and property fund management.

Mission

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We are committed to create live‐work‐play environmentsof enduring value for the community with our hallmarkexcellence, and achieve sustainable higher returns for ourshareholders.

International Presence

More than 70,000 Homes in the Pipeline Across Asia and the Middle East

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Strategic Focus

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Two Core Businesses

Strategic Focus

K‐REIT Asia to recycle

Property

Development

Property

Fund

SINGAPORE

Commercial developments mainly in Marina Bay and CBD

Residential developments including lifestyle waterfront projects

OVERSEAS

capital

Fee‐based income from fund management with greater AUM

for Sale Management Residential developments including townships, sustainable developments and integrated lifestyle projects

Commercial developments selectively

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Updates

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Singapore Residential

Ride on Demand for Suburban Homes

Successfully acquired Lakeside Drive siteSuccessfully acquired Lakeside Drive site with keen interest from 14 bidders

Prime location :

Next to Lakeside MRT station

Facing Jurong Lake and will benefit from the remaking of Jurong Lake District(1)

Near Jurong Gateway precinct, largest commercial hub outside city (500,000 sm y ( ,office space)

Relocation of a few ministries and statutory boards(2) offices in 2015

Near to amenities (e.g. Jurong Point), future Canadian International School and attractions

(1) Jurong Lake District is about 360 ha and comprises the Jurong Gateway and the Lakeside precincts

(2) Includes the Ministry of National Development, Agri‐Food & Veterinary Authority of Singapore, Building and Construction Authority, the Ministry of the Environment and Water Resources, Public Utilities Board and National Environment Agency

Lakeside Drive Site Details

Location Lakeside Drive

Site Area 16,117.2 sm

Total number of units (estimated) About 550

Permissible Gross Floor Area 56,411 sm

Expected Launch Date End‐2010

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Demand for Residential Development in Marina Bay Area

Capitalised on the preview opening of Marina Bay Sands on 27th April 2010

Launched second phase of Marina Bay Suites on 29th April 2010

Total: 221 units

Sold 132 units as at end‐May 2010

Marina Bay SuitesMarina Bay Suites

Marina Bay SandsMarina Bay Sands

Marina Bay Suites

Marina Bay Sands

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Capitalise on Close Proximity to Resorts World Sentosa

Marina Bay VivoCity located withinReflections at Keppel Bay

Resorts World Sentosa/ Universal Studios

SandsVivoCity located within

close proximity

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Reflections at Keppel Bay

Total : 1,129 units

98% of 760 launched units sold as at end‐May 2010

Caribbean at Keppel Bay

Total : 969 units (sold 801 units earlier)

Launched remaining 168 units since 3Q09 94% sold as at end‐May 2010

Marina Bay Suites

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Marina Bay As A Vibrant Work‐Live‐Play Environment

Singapore Commercial

Marina Bay SuitesFinal phase of luxury residential development in the Marina Bay area

Marina Bay Financial CentreComprise 3 Grade A office towers

Final phase of luxury residential development in the Marina Bay area

Ocean Financial CentrePlatinum level LEED‐CS

pre‐certification

p

One Raffles Quay

13Marina Bay Sands (Integrated Resort) Keppel Land’s projects located nearby to the IR

Marina Bay ResidencesFully sold out luxury residential development


Choice Location for Multi‐National Companies

Marina Bay Financial Centre (MBFC)Marina Bay Financial Centre (MBFC)

Total: 2.9m sf

New take‐up in April • Barclays : Additional 250,000 sf • Prudential : Approx. 37,000 sf

Overall commitment : 78%• Phase 1 : 1.6m sf

Towers 1 & 2 : Fully leased*

MBRMBR T3T3

T1T1

T2T2 MBSMBSMBR T3

T1

T2 MBS

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‐ Towers 1 & 2 : Fully leased• Phase 2 : 1.3m sf

‐ Tower 3 : 55%

Completion :• Phase 1 : 2010

‐ Tower 1 Received TOP 1Q 2010• Phase 2 : 2012

* Except for a small percentage of space reserved for existing tenants’ expansion

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Positive Take‐up with Active Leasing Momentum

Ocean Financial Centre (OFC)

Total NLA : 850,000 sf

Overall commitments : More than 30%

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4th generation building to rise at former

Ocean Building site

Completion : Mid‐2011

K‐REIT Asia

Pursue Quality Assets With Enhanced Financial Flexibility

Seeking pan‐Asian acquisition opportunities

i d d f $620 h h f i h i Raised gross proceeds of $620m through 1‐for‐1 rights issue

Recent Acquisitions

Acquired 6 strata floors (72,215 sf) of Prudential Tower

• Increased stake from 44% to 73%

Acquired 50% stake of 275 George Street

• Grade A commercial building within Brisbane’s CBD

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Alpha Asia Macro Trends Fund

Seeking Acquisition Opportunities with Strong Financial Position

T t l AUM

Alpha Investment Partners


Targeted at developed and fast emerging markets with focus on prominent trends in Asia such as :

• Rise of consumerism, tourism and home ownership

• Emergence of REITs

• Aging populations

Alpha Investment Partners :

$7.7 bn (1)

K‐REIT Asia : $2.3 bn (2)

Total AUM: $10.0 bn

Committed %No. of

As at end‐March 2010 :

• Aging populations

• Key Asian cities as education hubs

Active acquisitions in Singapore :

• 77% stake in Katong Mall

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(1) When fully leveraged and fully invested, as at end‐Mar 2010

(2) Includes asset revaluation, Prudential Tower strata acquisition and 50% interest in 275 George Street, Brisbane, Australia as at end‐Mar 2010

Funds under AlphaCommitted Equity

% Invested

Countries Invested In

Asia No. 1 Property Fund $400m 100% 4

Alpha Core Plus Real Estate Fund

$720m 100% 4

AIB Alpha Japan Fund $259m 46% 1


$1.7bn 30% 5

Overseas

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Overseas ‐ China

Tap on Demand for Township Homes

Sold more than 900 township homes in April and May

The Botanica, Chengdu Central Park City, Wuxi

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More than 5,000 units sold over fivephases since launch in 2005

Phase 5 : Sold more than 690 units

Fully sold 376 launched units in early April

Launched another 604 units since late April

• Sold 317 units as at end‐May 2010

Phase 1 of 1,448 units fully sold

Capitalise on relocation of the municipal offices and proximity to MRT station to launch more units

Phase 2 (Stage 1) : 342 units launched since 2nd weekend of May

Sold 213 units as at end‐May 2010

Overseas – Vietnam

Well‐Positioned to Capitalise on Growth in Vietnam

Acquired new lifestyle waterfront sites

Township development at South Rach Chiec, District 2

• Site area : 30 ha

• Total : 4,700 units

Villa development, District 12

• Site area : 11.3 ha

• Total : 175 villas fronting Saigon River

More than 22,000 homes in the pipeline

Continued take‐up

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Riviera Cove, HCMC

• Total : 96 villas

• Launched in Nov 09

• 93% of 82 launched units sold as of end‐May 2010

The Estella, HCMC

• Total : 1,393 units

• Phase 1 : 719 units

• 62% of 719 launched units sold as of end‐May 2010Waterfront township development at South Rach ChiecWaterfront township development at South Rach Chiec

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Overseas – India and Indonesia

Continued Demand with Improving Economy

Elita Promenade, Bangalore

Total : 1,573 units

90% of 1,495 launched units sold as at end‐May 2010

Elita Garden Vista, Kolkata

Phase 1 : 688 units

69% f 688 it ld t d M 2010

Jakarta Garden City

Phase 1 : 994 units

79% of 613 launched units sold as at end‐May 2010

FIABCI Prix d’Excellence 2010 Awards ‐ Runner‐up Residential (Low‐Rise) Category

69% of 688 units sold as at end‐May 2010

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Market Review & Outlook

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Private home prices stabilising

3Q 2009 4Q 2009 1Q 2010

Q o Q changes in prices(1) +15 8% +7 4% +5 6%Q‐o‐Q changes in prices(1) +15.8% +7.4% +5.6%

July 2009

April2010

Units take‐up 2,772 2,207

Full Year 2009

Jan ‐ Apr 2010

Units take‐up 14,688 6,587

Strong take‐upAbout 45% of new homes sold in 2009(1) : Second highest after July 2009(2) :

23(1) URA(2) Since URA began releasing monthly developer homes sales data in June 2007

Growth of foreign buyers

Singaporeans PRs Foreigners (non‐PR) Companies

2000 77% 11% 5% 7%

2009 74% 14% 11% 1%

Profile of buyers of non‐landed homes(1) :

Government to promote a stable and sustainable property market

Pre‐emptive measures to curb speculation

Increase s ppl to meet demand 18 sites on 2H 2010 GLS pro ramme


Increase supply to meet demand 18 sites on 2H 2010 GLS programme confirmed list to yield about 8,135 residential units(1)

Favourable drivers supporting housing demand

Demand from owner‐occupiers and investors

Buying interest from foreigners(including PRs) to continue 26.8% of new homes sold in 1Q 2010 compared to (2)

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Spin‐off effects from the opening of two IRs to elevate Singapore's profile as a cosmopolitan city

Singapore as top city in Asia with highest quality of living

• Ranked 1st in Asia in Mercer 2010 Quality of Living Survey (1) URA (2) CBRE

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Decline in rents ease as business confidence returns

Rents bottoming out with office capital values trending up

Rents for good quality buildings in CBD supported by “flight to quality” Rents for good quality buildings in CBD supported by flight to quality

Prime rents are almost half of what they were at the peak in 2008(1)

Office leasing activities picking up

4Q 2009 1Q 2010

Grade A occupancy rate rose(1) :

Expansion by financial institutions and service providers such as legal and IT firms

25(1) CBRE

Grade A occupancy rate 93.8% 94.5%

Demand continued to be positive(1) :

3Q 2009 4Q 2009 Full Year2009

1Q 2010

Take‐up 0.03 mil sf 0.3 mil sf (0.24 mil sf) 0.24 mil sf

Reduction in office supply to support capital values and rents

New office supply from 2010 ‐2016 of about 3.7 million sf(2) (or 0.53 million sf per annum)

About 1.3 million sf(1) of office space to be converted to residential use up to 2013 (e.g. Marina House, VTB Building, Starhub Centre, UIC Building and 76 Shenton Way)


( g , g, , g y)

Singapore’s competitiveness as choice business location

Ranked 1st in IMD World Competitiveness Yearbook 2010

Ranked 37th in global office occupancy cost survey in May 2010(1)

Ranking City US$/sf/annum Ranking City US$/sf/annum1 London West End, England 182.94 19 Abu Dhabi, United Arab Emirates 72.71

2 Hong Kong (Central CBD) 153.20 20 Seoul (CBD) South Korea 71.82

3 Tokyo (Inner Central), Japan 143.99 21 Frankfurt am Main, Germany 69.64

Global 50 Index (by occupancy cost in US$ psf per annum)

26(1) CBRE(2) Excluding estimated pre‐committed space of about 3.2 million sf

4 Mumbai, India 125.76 22 Edinburgh, United Kingdom 67.56

6 Tokyo(Outer Central), Japan 118.41 24 Dublin, Ireland 67.02

7 Paris, France 113.23 25 Stockholm, Sweden 65.68

8 London City, United Kingdom 110.07 26 New York Midtown, US 64.51

9 Dubai, United Arab Emirates 108.92 28 Rome, Italy 63.45

11 New Delhi, Inida 96.90 31 Glasgow, United Kingdom 60.73

14 Hong Kong (Citywide) 80.27 32 Madrid, Spain 60.69

16 Zurich, Switzerland 78.48 33 Shanghai (Pudong), China 60.14

18 Milan, Italy 77.93 37 Singapore 57.49(S$6.70psf/mth)

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Market Outlook – Overseas

.

Asia

International Monetary Fund expects Asia to continue leading the global recovery with a projected economic growth of 7.1%(1) in 2010, backed by resilient domestic demand

Economic Growth

Favourable Demographics

Growing Middle Class

Rising Affluence

Urbanisation Trends

Home Ownership Aspirations

demand Housing demand driven by growing home ownership aspirations

Growth Demographics Middle Class Trends

China : Government closely monitoring market and recently implemented several cooling measures to curb overheating and to promote healthy long‐term growth

Vietnam : Pent‐up demand for quality landed homes and mid‐end segment shows signs of recovery

India : Prices bottoming out and property market recovering well(1) International Monetary Fund, Regional Economic Outlook, 29th April 2010 27

Going Forward

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Looking Ahead

S k i iti i Si d ithSeek acquisitions in Singapore and overseas withcontinued focus on developing quality residential, officeand township projects

K‐REIT Asia and Alpha to seek acquisitions of qualityassets in Singapore and overseas

Ti id ti l l h t it li i

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Time residential launches to capitalise on economicrecovery and demand


Pace launches of remaining units of Marina Bay Suites and phases of Reflections at

Riding On Positive Sentiments

Keppel Bay

Expected to launch Lakeside Drive project by end‐2010

Remaining 3 plots of land at Keppel Bay to be launched according to market demand

Continue to seek acquisition of new sites

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Lakeside Drive project

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MBFC d OFC t ti


Strong Economic Recovery Bodes Well For Office Market

MBFC and OFC to continue benefiting from flight to quality with new Grade A office buildings

Prime location close to major MRT stations and expressways

31Properties held under K‐REIT Asia : Keppel Towers & GE Tower, Bugis Junction Towers, Prudential Tower(73.4% interest) and One Raffles Quay (1/3 interest)

Continue to attract more commitments before completion and new tenants for existing buildings

Overseas Residential ‐ China

Keppel’s 35.4 ha site in SUA of Tianjin Eco‐City

Launch of First Homes in Tianjin Eco‐City

Total : 4,995 homes plus office and retail

Commenced development for Phase 1 residential :

Total : 1,678 units

Launch : 2H 2010

Shareholding structure :

KLL : 55%, KCL : 45%

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Tianjin Eco‐City Entire Development

Start‐up Area (SUA)

Size 30 sq km 4 sq km

Development period 10‐15 years 3‐5 years

No. of homes > 100,000 >20,000

Population (approx.) 350,000 85,000

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Overseas Residential ‐ China

Time Launches of New Phases and Projects

The Botanica, Chengdu• Phase 5 Launch : 1,810 units

• Continue to capitalise on good sales momentum in May to launch more units

Central Park City, Wuxi• Phase 2, Stage 1 : 342 units

• Ride on strong demand to launch remaining units in Stage 1

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8 Park Avenue, Shanghai• Total : 260 units (2 blocks)

• Launch : 2H 2010

The Seasons, Shenbei, Shenyang• Total: 4,748 units

• Launch: 2010 (270 units)

The Springdale, Shanghai• Total : 2,667 units

• Launch : Phase 1 (180 units) in 2Q 2010

Overseas Residential – Vietnam

Time Launches of New Phases and Projects

Riviera Point

Riviera Point, District 7 in HCMC

Opposite the established Phu My Hung township and commercial area

Total site area : About 9‐ha

Total : 2,400 waterfront condos

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Launch : 2H 2010 (300 units)

Continue to sell new phases of The Estella and Riviera Cove

Riviera Cove The Estella

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Recent Awards

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Business Times revised Governance and Transparency Index(1)

• Ranked top 2% out of 681 companies

Recent Awards

FIABCI Prix d’Excellence 2010 Awards

• Jakarta Garden City as Runner‐up in Residential (Low‐Rise) Category

FIABCI Indonesia – BNI Prix d’Excellence 2010 Awards

• Jakarta Garden City won Best Middle Class Residential

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Development

Asia Boating Awards

• Marina at Keppel Bay won Best Asian Marina award in 2010

(1) Replaced Business Times Corporate Transparency Index

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Sustainability Reporting

• Merit Award at ACCA Singapore Awards for Sustainability Reporting

ISO 14001 certification Si t d l t d t t ti

Green Awards

• Singapore property development and property management operations

• Property development operations in China and Vietnam

LEED(1) Award

• Ocean Financial Centre – Platinum level LEED‐CS pre‐certification

BCA Green Mark Awards• The Promont – Gold• Marina Bay Suites – Gold• Sixth Avenue Residences – Gold• MBFC Phase 2 (Commercial) Gold Plus

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• MBFC Phase 2 (Commercial) – Gold Plus• One Raffles Quay – Gold (First building to achieve Green Mark Award under

guidelines for existing devts)• Riviera Cove, HCMC – Gold • The Arcadia, Tianjin – Gold • The Springdale, Shanghai (Plots 1 and 3) – Gold • Spring City (Residential – La Quinta), Kunming – Gold • Keppel Bay Towers– Gold

(1) Leadership in Energy and Environmental Design

Thank You

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Additional Slides

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5‐Year Financial Profile

FY2009 FY2008 FY2007 FY2006 FY2005

Turnover ($m) 923.9 842.2 1407.9 948.0 586.4

Operating Profit ($m) 201.9 231.7 312.3 204.1 146.6

Pre‐tax Profit ($m) 358.6 314.0 988.7 263.4 184.6

PATMI ($m) 280.4(1) 227.7(1) 779.7(2) 200.3 155.7

Overseas Earnings (% of PATMI) 31.5 29.5 39.7 63.6 59.0

EPS (¢)(3) 24.2 22.4 76.9 19.8 15.5

(1) Includes gain on acquisition of additional interest in K‐REIT Asia and net gain on revaluation of investment properties

(2) Includes corporate restructuring surplus of $235.2 mil from sale of ORQ and net gain of $265 mil on revaluation of investment properties less impairment provision

(3) EPS have been restated to include the effects of the rights issue in 2009 40

NTA/Share ($) 2.36 3.39 3.18 2.21 2.35

Net Debt/Equity Ratio (x) 0.22 0.52 0.41 1.04 1.14

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Geographical Breakdown

Asset Allocation – By Geographical Location Net Profit – By Geographical Location

As at 31st March 2010 :

China17%

Indonesia8%

Vietnam9%

India1% Others

4%

China 21%

Vietnam 5%

India 3%

Others 3%

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Singapore61%

17%

Singapore 68%

China Residential Launches

Units to Launch 2010 2011 2012

8 Park Avenue, Shanghai(1) 260 134 ‐

Villa Riviera, Shanghai(1) 5 ‐ ‐Villa Riviera, Shanghai 5

The Botanica, Chengdu(1) 572 1,596 1,500

The Arcadia, Tianjin(1) 28 ‐ ‐

Central Park City, Wuxi(1) 388 930 650

The Seasons, Shenyang(2) 270 420 1,293

Waterfront Township Devt, Shenyang(2) ‐ 587 588

The Springdale, Shanghai(2) 666 476 929

Integrated Marina Lifestyle Devt, Zhongshan(2) ‐ 200 342

Stamford City, Jiangyin(1) 183 368 324

Serenity Cove, Tianjin (Ph 3)(1) 139 100 101

Tianjin Eco‐City (35.4 ha within SUA)(2) 888 894 1,284

Total 3,399 5,705 7,011

(1) Balance units(2) New launches

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Other Overseas Residential Launches

Units to launch 2010 2011 2012

VietnamThe Estella, Dist. 2, HCMC (1) 134 145 300Riviera Point, Dist. 7, HCMC (2) 300 400 368Prime Condo, Dist. 2, HCMC (2) ‐ ‐ 350Riviera Cove (Villa Devt.), Dist. 9, HCMC (1) 20 ‐ ‐Saigon Sports City, HCMC (2) ‐ ‐ 355

Dong Nai Waterfront City (2) ‐ ‐ 100

South Rach Chiec, Dist 2, HCMC(2) ‐ 300 400Riviera Garden, Dist 12, HCMC (2) ‐ 87 87

ThailandVilla Arcadia at Srinakarin, Bangkok (1) 36 50 50Villa Arcadia at Watcharapol, Bangkok (1) 28 30 30IndiaElita Promenade, Bangalore (1) 85 139 ‐Elita Horizon, Bangalore (2) ‐ 187 400Elita Garden Vista, Kolkata (1) 124 244 233IndonesiaJakarta Garden City (1) 125 373 1,021Middle EastAl Mada Towers, Jeddah, Saudi Arabia (2) 350 300 300

Total 1,202 2,255 3,994(1) Balance units(2) New launches

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Attributable Attributable Remaining UnitsProject Location KLL's Tenure

Singapore Residential Landbank

Attributable Attributable

Land Area GFA

(%) (sf) (sf)

Site at Lakeside Drive* Lakeside Drive 100% 99‐yr 173,486 607,208 550+

Reflections at Keppel Bay Keppel Bay 30% 99‐yr 269,930 624,521 386

Marina Bay Suites Marina Bay 33.3% 99‐yr 19,015 156,462 89

Keppel Bay Plot 3 Keppel Bay 30% 99‐yr 125,366 152,999 307

Keppel Bay Plot 4 Keppel Bay 11.7% 99‐yr 36,114 40,300 234

Keppel Bay Plot 6 Keppel Bay 30% 99‐yr 141,429 67,813 94

Total 765,340 1,649,303 1, 660

Remaining UnitsProject Location KLL s

Stake

Tenure

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* New site awarded by URA

+ Estimated number

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China Residential Landbank

Site LocationKLL's Stake

Total LandArea Total GFA Remaining Area Remaining Units

(%) (sm) (sm) For Sale (sm) For Sale

8 Park Avenue Shanghai 99% 33,432 133,393 65,233 394

Park Avenue Central Shanghai 99% 28,488 99,708 99,708 708

Villa Riviera Shanghai 99% 153,726 53,796 4,117 5

The Arcadia Tianjin 100% 127,970 74,826 33,808 28

Central Park City Wuxi 49.7% 352,534 670,510 (2) 392,825 (1) 3,324

The Botanica Chengdu 44.1% 419,775 1,042,846 (1) 415,090 (1) 4,267

Stamford City Jiangyin 83.3% 82,987 314,507 (2) 246,549 (2) 871

The Seasons Shenyang 100% 348,312 496,265 487,032 4,748

Waterfront Township Devt Shenyang 100% 302,681 756,580 (2) 756,580 (2) 5,695

The Springdale Shanghai 99% 264,090 328,792 (2) 318,521 (1) 2,667

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(1) Excludes commercial area(2) Includes commercial area

Integrated Marina Lifestyle Devt Zhongshan 80% 881,638 432,003 427,683 2,855

Serenity Cove P3 Tianjin 100% 128,685 80,000 79,800 340

Tianjin Eco‐City (35.4 ha within SUA) Tianjin 55% 354,174 684,500 684,500 4,995

Mixed Devt Tianjin 100% 1,666,665 1,358,199 1,358,199 8,664

Total 5,145,157 6,525,925 5,369,645 39,561

Other Overseas Residential Landbank

Country Site

KLL's Total Land Area Total GFARemaining Area

for SaleRemaining

Units for Sale

Stake (sm) (sm) (sm)

India Elita Promenade , Bangalore 51% 96,618 237,446 36,261 224

Elita Horizon, Bangalore 51% 79,177 150,680 150,680 1,138

Elita Garden Vista Kolkata 37 74% 93 998 195 380 130 561 806Elita Garden Vista, Kolkata 37.74% 93,998 195,380 130,561 806

Sub‐Total 269,793 583,506 317,502 2,168

Indonesia Jakarta Garden City ‐ LH phase 1 51% 143,990 148,839 81,550 507

‐ LH remaining phases 827,914 999,890 999,890 7,403

Sub‐Total 971,904 1,148,729 1,081,440 7,910

Thailand Villa Arcadia at Srinakarin 45.5% 159,706 84,440 68,777 211

Villa Arcadia at Watcharapol 66.7% 124,912 68,314 80,614 255

Sub‐Total 284,618 152,754 149,391 466

Vietnam Saigon Sports City, HCMC 90% 640,477 688,180(2) 298,786 (1) 2,318

The Estella, HCMC 55% 47,906 279,851(2) 147,159 (1) 949

Riviera Point (Bridge‐site), Dist. 7, HCMC 75% 89,712 447,079(2) 293,676 (1) 2,400

Dong Nai Waterfront City, Dong Nai Province 50% 3,667,127 1,979,727(2) 1,802,771 (1) 10,156

Prime (Condo), Dist. 2, HCMC 60% 51,000 244,800(2) 166,464 (1) 1,500

( ll )

46(1) Excludes commercial area(2) Includes commercial area

Riviera Cove(Villa), Dist. 9, HCMC 60% 97,000 34,711 21,190 20

South Rach Chiec, Dist 2, HCMC 42% 300,000 995,000(2) 641,750 (1) 4,700

Riviera Garden,Dist. 12, HCMC 60% 113,098 40,715 56,549 174

Sub‐Total 5,006,320 4,710,063 3,428,345 22,217

Middle East Al Mada Towers, Jeddah, Saudi Arabia 51% 36,236 253,652 253,652 993

Sub‐Total 36,236 253,652 253,652 993

Philippines Palmdale Heights(Ph2), Manila 30.9% 15,976 62,751 62,751 1,264

SM‐KL Residential Devt. Manila 24.2% 7,068 56,000 56,000 430

Sub‐Total 23,044 118,751 118,751 1,694

Total 6,591,915 6,967,455 5,349,081 35,448

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Developments to Benefit from MRT Lines

• MadisonResidences • 11 new Circle‐

Line Stations

• Site at LakesideDrive

47Source: LTA as at 3 May 2010DTL 1 & DTL 2 : Its schematic profile, alpha‐numeric codes and end destination numbers are subjected to confirmation

• Marina Bay Financial Centre

• Marina Bay Suites

• Marina Bay Residences

e S a o swere opened on 17th April 2010

•Reflections at Keppel Bay

•Caribbean at Keppel Bay Sentosa IslandSentosa Island

Overseas – China

Sale of 10% interests in Singapore Tianjin Eco‐City to Singbridge

Sino‐Singapore Tianjin Eco‐City

g p j y g gInternational Singapore(1)

Tianjin Eco‐City shareholding structure(2) :

45% 35% 20%

Keppel Integrated EngineeringKeppel Integrated EngineeringKeppel CorporationKeppel Corporation Keppel LandKeppel Land Singbridge Int’l S’poreSingbridge Int’l S’pore

90% 10%

48(1) A wholly‐owned subsidiary of Temasek Holdings Ltd

(2) Summarised graphical representation and not the legal representation of the shareholding structure

Tianjin Eco‐City (JV)

50% 50%

Registered Capital : RMB 4 billion

Singapore ConsortiumChinese Consortium

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This release may contain statements which are subject to risks and uncertainties that could cause actual results to differ

materially from such statements. You are cautioned not to place undue reliance on such statements, which are based on the

current views of Management on future developments and events.

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Investor Meeting Presentation June 2010 (04Jun10) · Ranked 1st in IMD World Competitiveness...

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Transcript of Investor Meeting Presentation June 2010 (04Jun10) · Ranked 1st in IMD World Competitiveness...