Developers of Frasers Property believe they have achieved a 50% market share in Singapore. With 21 projects in development, the final tally of properties completed stands at 4,200. The Group’s development pipeline stands at 12,000 homes, with an estimated gross development value of S$152 billion. By the end of FY2019, 55% of the Group’s gross development value will be in Singapore, 39% in Greater China, and 10% in Australia.
Frasers Property Australia Limited is Australia’s second-largest private property company and the country’s largest residential landlord. The group owns and manages over 250,000 properties and 18,000 retail, commercial, hospitality, and industrial properties. IPO of Frasers Property on the Australian Stock Exchange today is set to raise up to $1.7 billion for the company.
Frasers Property seems to be a very influential company. However, there is some controversy surrounding the company. It appears that Frasers Property has bought 2.3 million homes since 2010.
The major owner of Frasers Property is Singapore’s sovereign wealth fund, which ccontrols12.1% of the total. Singapore’s state development agency, Urban Redevelopment Authority (URA), owns 12.1%, followed by sovereign wealth fund Temasek Holdings. The smallest shareholder is Ascott Residence Trust, which owns 1.2%.
What is Frasers?
Frasers Property Singapore is Singapore’s largest real estate investment trust. With more than 260 properties across Singapore and Indonesia, Frasers Property is an ideal investment for savvy investors.
Frasers Property (SGX: S78) is a Singapore-based residential property developer and manager. With more than 70 years of history, Frasers Property has consistently been ranked among the top Singapore Real Estate Investment Trusts. Frasers Property generates consistent, sustainable growth through a diversified portfolio of commercial and residential properties in Singapore and the region.
Frasers Property Limited is one of Singapore’s leading property companies, with a diverse range of real estate products. The Company’s property portfolio comprises residential, commercial, and industrial developments in Singapore and overseas. Frasers Property also owns The Industrial Corporation of Singapore, a wholly-owned subsidiary that develops industrial properties in Singapore and across Asia.
How Important a Frasers Property is?
Like many investors, the Frasers must keep a close eye on how the market affects their investments. But above all, the Frasers want their investment to be in place for the long term. They plan to retire at 60 and do not want any surprises.
Frasers Property Singapore reported its 2018 full-year results yesterday. Frasers Property Singapore’s revenue and net profit dropped by 16.3% and 3.6%, respectively, compared to the year before. The decline was mainly due to lower contributions from Frasers Centrepoint. The company’s management remains positive that it will continue to pursue growth opportunities in the Singapore market.
This company has an impressive track record and an excellent reputation in the real estate industry. Their key objective is to help their clients acquire their target properties. They understand how difficult it can be to find the ideal property and want to make it easier for their potential clients.
In the current market conditions, purchasing a property with good appreciation potential is important. A property that appreciates in value over time means you get more for your investment as time goes by.
Frasers Property is Singapore’s leading real estate company. It has more than 45 years of experience and has built more than 20 million sq. ft of homes in Singapore. The Group has also developed commercial properties and retail centers, totaling over 2.5 million sq. ft. Frasers Property is committed to continuing to bring our clients quality, lifestyle, and value.