Investor Presentaiton
Key Updates
Hong Kong resilient; Chinese mainland challenging; Singapore healthy
.
HONG KONG
• Office: Demand slowed due to
headwinds in global financial
markets
•
⚫ "Flight to quality" resulted in
Central Portfolio outperforming
broader market
• Retail: Strong improvement in
trading conditions
• Rebound in tenant sales &
footfall approaching pre-COVID
levels
•
CHINESE MAINLAND
Residential: Sentiment
weighed down by weak
economic outlook
•The Group's higher-end product
mix and strong reputation
resulted in better sales
performance relative to market
• Retail: Strong recovery in
footfall and tenant sales
.
SINGAPORE
⚫ Office: Market sentiment turned
cautious from softer demand
from technology and financial
services sectors
• Leasing momentum at HKL's
portfolio remained healthy
•
Residential: Buyer sentiment
satisfactory despite recent
cooling measures
• Pre-sales at the Group's
Tembusu Grand project well
received by the market
| Key Updates | 2023 Half-Year Results
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