Investor Presentaiton
Outlook
Uncertain market conditions in 2H 2023
• Office to remain resilient despite global economic headwinds
• Recovery of luxury retail market expected to continue
More planned sales completions expected from the Chinese
mainland whilst timing of broader market recovery remains
uncertain
⚫ Residential sentiment in Singapore expected to remain healthy
Full year underlying profits expected to be stable compared to prior
year:
Upside dependent on timing of planned sales completions in
Development Properties
Investment Properties contributions stable
Deepen engagement with tenants and other stakeholders to
maintain momentum on sustainability and CSR initiatives
Maintain disciplined approach in assessing opportunities
| Outlook | 2023 Half-Year Results
Hong Kong
TEMBUSI
GRAND
Tembusu Grand, Singapore
WF CENTRAL, Beijing
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