1Q 2013 Results 17 April 2013 1 Disclaimer 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. 2 1
Contents Highlights Financial Performance Operations Review Market Review and Outlook Going Forward 3 Highlights Higher home sales and commitment for MBFC Tower 3 Scale up overseas commercial presence with stake in Life Hub @ Jinqiao, Shanghai Form strategic partnership with China Vanke AAMTF II exceeds target fund size of US$1b Upcoming Sale Launches Singapore : Corals at Keppel Bay and Tanah Merah development China : Seasons Residence in Shanghai, Waterfront Residence in Nantong, as well as Park Avenue Heights and Hill Crest Villa in Chengdu 4 2
Strategic Focus Core Business ses Property Development for Sale Investment grade offices Lifestyle residential developments and townships Mixed use developments Property Fund Management Keppel REIT : Pan Asia commercial REIT Core Markets Singapore gp China Growth Markets Vietnam Indonesia Alpha Investment Partners : Manager of 5 Private Equity Funds 5 Strategic Focus Presence in China Pipeline of more than 42,000 homes Total GFA : 7.7 million sm 3 mega regions : Western Region Greater Bohai Rim Region Yangtze River Delta Region About 20,000 homes sold since 2000 Focus on developing condominiums, villas, townships, waterfront homes and ecodevelopments Completed more than 18,000 homes Assets size of $4.4b as at end Mar 2013 Four times of $1.1b in 2008 38% of assets invested in China Chengdu Beijing Tianjin Shenyang Nantong Jiangyin Wuxi Shanghai Kunming Zhongshan 6 3
Financial Performance 7 Financial Performance 1Q2013 1Q2012 % Chg Turnover $207m $170.2m 21.6 EBITDA $32.2m $34.9m (7.7) Pre tax Profit $93m $179m (48) Net Profit $96.6m $141.9m (31.9) 8 4
Key Financial Ratios 1Q2013 1Q2012 % Chg EPS (cts) 6.2 9.5 (34.7) Annualised ROE (%) 6.3 6.8 (7.4) NTA/Share ($) 4.11 3.81 7.9 Net Debt/Equity Ratio (x) 0.31 0.16 93.8 9 Breakdown of Net Profit Business Segment 1Q2013 1Q2012 % Chg Comments Property Trading $56.9m $132.3m (57) Property Investment $24.4m $19.9m 22.6 Fund Management $14m $11.2m 25 Hotels / Resorts $5.8m $2.9m 100 Others ($4.5m) ($24.4m) nm Lowerprofitrecognitionfrom recognition from Reflections at Keppel Bay Higher contribution from Keppel REIT and Marina Bay Financial Centre Ph 2 Higher acquisition fees and dividend income from Alpha s funds Higher contribution from Sedona Hotel Yangon and Sedona Hotel Mandalay Recovery of expenses from project development companies Total $96.6m $141.9m (31.9) 10 5
$ Breakdown of Net Profit Geographical Location 1Q2013 1Q2012 Comments Singapore $79.7m 82.5% $119.7m 84.4% Lower contribution from property trading Overseas $16.9m 17.5% $22.2m 15.6% Lower contribution with fewer projects/phases completed Total $96.6m 100% $141.9m 100% 11 Notes on Profit Recognition Projects % Sales % Completion Profit Recognised in 1Q2013 Singapore Marina Bay Suites (221 units) 82.7% 85.7% $10.6m The Lakefront Residences (629 units) 100% 48.5% $5.3m The Luxurie (622 units) 98.6% 22.7% $3.5m Reflections at Keppel Bay (1,129 units^) 74% 100% $2.1m China The Botanica, Chengdu $15m Ph 5 (1,810 units) Ph 6 (1,248 units) 99.9% 100% 100% 100% ^ Include 151 units set aside for corporate residences * Profit recognition for overseas projects is based on completion of the project/phase. 12 6
Healthy Balance Sheet Strong cash position : $1.1b Strong financial capacity with over US$3b unutilised from MTN programmes US$3b multicurrency MTN programme : US$2.75b unutilised US$800m MTN programme : US$332m unutilised Additional debt headroom of about $1.3b if gear up to 0.5x End Mar 13 End Mar12 Net Debt $2.1b $1.0b NtDbt/E Net Debt/ Equity Rti Ratio 031 0.31x 016 0.16x Avg Interest Rate of Borrowings 2.7% 2.3% Interest Cover Ratio (1) 21.6x 31.3x (1) Interest Cover Ratio = Profit Before Interest and Tax Net Interest Cost on External Borrowings 13 Loan Maturity Profile Debt Maturity Profile as at 31 Mar 2013 Total Debt : $3.2b 2013 2014 2015 2016 2017 2018 2019 2022 2024 Rolling 11% 10% 9% 3% 7% 10% 6% 4% 2% 38% Debt maturing in 2013 down to 11% from 23% as at end 2012 with refinancing and bond redemption Weighted average debt maturity : 3.6 years vs 2.5 years as at end Mar 2012 Fixed rate debt : 57% vs 51% as at end Mar 2012 14 7
Corporate Initiative Strategic Alliance 15 Strategic Alliance Tie up with China Vanke Form strategic alliance to jointly develop properties in Singapore and China Leverage partner s network to scale up operations in China First JV : China Vanke to take up 30% stake in Tanah Merah project for about $135.5m Well diversified in Asia with core markets of Singapore and China Presence in 10 cities in China China s largest residential developer Presence in about 60 cities in China 16 8
Operations Review Singapore 17 Singapore Residential Encouraging Sales Sold about 60 units in 1Q2013 Achieved sales value of $104m with 64,000 sf area sold The Luxurie fully sold : Expected completion in 2015 Continued take up at Marina Bay Suites and Reflections at Keppel Bay The Luxurie Marina Bay Suites Reflections at Keppel Bay Fully sold Average selling price : ~ $1,050 psf (1) As at end Mar 2013 93% of 208 launched units sold (1) Average selling price : ~ $2,500 psf 93% of 950 launched units sold (1) Average selling price : ~ $2,000 psf 18 9
Singapore Residential Anticipating Corals at Keppel Bay Capitalise on demand for premier waterfront homes Ride on success of Reflections Rfl and Caribbean at Keppel lbay Close to Harbourfront MRT station, Resorts World Sentosa and VivoCity Designed by master architect Daniel Libeskind 366 luxurious homes, mostly 1 to 3 bedroom units from about 600 sf to 1,500 sf Corals at Keppel Bay 19 Singapore Residential Design Development in Progress for Tanah Merah Project Close to EXPO, Changi Business Hub and retail malls Near reputable schools, SUTD (1) campus, East Coast Park and golf courses Tap on strong demand for suburban homes in an established estate China Vanke takes 30% stake Site Details Location: Land Cost: Gross Floor Area: No. of Units: Next to Tanah Merah MRT Station $434.6m 549,100 sf 726 units (1) Singapore University of Technology and Design 20 10
Singapore Commercial Strong Leasing Interest at MBFC Tower 3 About 86% committed to date Blue chip tenants from diverse sectors Banking and financial services, technology, energy trading, commodities and specialist food providers Retail component fully leased Tenants include NTUC Foodfare and Foodology Marina Bay Financial Centre 21 Operations Review Overseas 22 11
Overseas China Strongest Sales in 9 Quarters Sold about 850 units in 1Q2013 vs 690 units in 4Q and 190 units in 1Q2012 Achieved total sales value of RMB837m for about 95,000 sm area sold Strong interest at The Botanica Ph 7 : About 820 units sold since Oct 2012 launch Launched new units at The Springdale in Mar 2013 : Over 200 units sold in a week The Botanica Ph 7, Chengdu 78% of 1,044 launched units sold (1) Average selling price : ~ RMB8,100 psm (1) As at end Mar 2013 Central Park City Ph 2, Wuxi 95% of 1,627 units sold (1) Average selling price : ~ RMB7,400 psm The Springdale Ph 2, Shanghai 91% of 1,293 launched units sold (1) Average selling price : ~ RMB11,800 psm 23 Overseas China Seek Opportunities to Launch New Projects Seasons Residence, Shanghai : Prime development in a mature satellite town in Nanxiang Waterfront Residence, Nantong : Lakefront homes in NETDA (1) and close to ports Park Avenue Heights, Chengdu : Residential project close to financial street Dongdajie Hill Crest Villa, Chengdu : Landed homes close to Tianfu New City, the future CBD Seasons Residence, Shanghai Waterfront Residence, Nantong (1) Nantong Economic & Technological Development Area Seasons Residence, Shanghai Park Avenue Heights, Chengdu Hill Crest Villa, Chengdu 24 12
Overseas Indonesia Improved Take up at Jakarta Garden City Sold about 40 units in 1Q2013 vs about 20 units in 4Q2012 Achieved total sales value of $13.4m for about 4,000 sm area (1) sold Launch of new cluster well received : Sold 24 of 46 units launched (1) Refers to land area Jakarta Garden City 25 Overseas Commercial Developing about 420,000 sm of GFA to Meet Demand Commercial Development Seasons City Saigon Centre Ph 2 International Financial Centre Beijing, China Tianjin Eco City, China HCMC, Vietnam Jakarta Tower 2, Indonesia 3 office blocks with retail premises Location : Chaoyang District GFA : 100,000 sm Expected Completion : 2015 Mixed use development with office and retail space (1) Location : Tianjin Eco City GFA : 162,000 sm Expected Completion : 2017 (Ph 1) Retail premises, offices and serviced apartments Location : Le Loi Boulevard GFA : 100,000 sm Expected Completion: 2015 (2) Grade A office tower Location : Along Jalan Jenderal Sudirman GFA : 64,000 sm Expected Completion : 2015 (1) Design plans for Seasons City under review (2) Refers to retail component 26 13
Overseas Commercial Deepen Commercial Presence Acquired stake in premium retail mall Life Hub @ Jinqiao in Pudong, Shanghai Strong shoppers traffic : Average footfall of 1.25m visitors a month About 99% leased with leading brands e.g. Uniqlo, Nike, Lexus and Mercedes Benz Details Location Pudong District, i t Shanghai h Next to metro Line 6 Jinqiao station GFA Retail : 98,630 sm Office : 16,102 sm Acquisition Price About RMB28,800 psm (1) (1) Include net debt 27 Operations Review Fund Management 28 14
Keppel REIT Steady Income Growth 8 Chifley Square : 56% pre committed with take up of 30,000 sf by QBE Insurance Group 8 Chifley Square, Sydney Increase free float with new placement and Keppel Corp s sale 1Q2013 Distributable income Up 7.6% y o y to $52.2m Distribution Per Unit Up 3.7% y o y to 1.97 cts Committed Portfolio Occupancy 98.8% (1) vs 93.2% (2) in core CBD Aggregate Leverage 43.3% as at end Mar 2013 (1) Singapore portfolio occupancy (2) CBRE 29 Alpha Investment Partners AAMTF II exceeds target fund size of US$1b Alpha Asia Macro Trends Fund (AAMTF) II Life Hub @ Jinqiao, Shanghai Raised US$354m in 1Q2013 Keppel Land invested US$100m in fund New acquisitions : Hotel ibis Singapore Novena, and stake in Life Hub @ Jinqiao with Keppel Land China Hotel ibis Singapore Novena AAMTF divested Podo Mall in Seoul, South Korea 30 15
Market Review and Outlook 31 Market Outlook Singapore Resid dential Strong sales : 5,533 units in 1Q2013 vs 4,353 units in 4Q2012 (1) Supported by first time homebuyers, liquidity and low mortgage rates Prices remain stable : Up 0.5% in 1Q2013 vs 1.8% in 4Q2012 (1) Com mmercial Positive net take up of about 126,000 sf in 1Q2013 (2) Mainly from non financial sectors eg. legal, energy and business services Limited new Grade A office supply in 2013 : About 780,000 sf, of which about 15% pre committed Grade A rents stabilising : Eased 0.3% to $9.55 psf in 1Q2013 (1) URA (2) CBRE 32 16
Market Outlook Overseas Indonesia China Vietnam Annual Urbanisation Rate (1) : 2.3% 1.7% 3% Sales momentum picked up in 1Q2013 Demandfrom first time time homebuyersto remain steady Take up supported by low interest rates and rising middle class Upper middle and upper income segments less affected by lower LTV ratio Government may lower interest trates and ease credit controls Long term potential supported by favourable demographics and rising urbanisation (1) CIA World Factbook 33 Going Forward 34 17
Going Forward Focus on core and growth markets Scale up in high growth cities where we are present Establish balanced portfolio across different segments Grow recurring fee based income through fund management business Corals at Keppel Bay Marina Bay Financial Centre Waterfront Residence, Nantong The Springdale The Botanica Ph 7, Chengdu Jakarta Garden City 35 Additional Slides 36 18
Breakdown of Total Assets Total Assets : $11.7b as at 31 Mar 2013 Vietnam, 3.9% Indonesia, 6.7% India, 0.5% Others, 2.6% Fund Management 1.5% Hotels 1.1% Services and Others 6.5% China, 37.5% Singapore, 48.8% Property Investment 31.3% Property Trading 59.6% Geographical Location Business Segment 37 Residential Landbank Singapore Project KLL s Stake Tenure Attributable Land Area (sf) Attributable GFA (sf) Total Units Remaining Units Launched Projects Reflections at Keppel Bay 30% 99 yr 269,759 624,527 1,129 78^ Marina Bay Suites 33.3% 99 yr 19,016 156,462 221 27 Upcoming Projects Corals at Keppel Bay 30% 99 yr 125,366 152,999 366 366 Keppel Bay Plot 4 11.7% 99 yr 35,992 40,300 234* 234 Keppel Bay Plot 6 30% 99 yr 141,120 67,813 86* 86 Keppel Towers & GE Tower 100% Freehold 85,305 477,706 590* 590 Tanah Merah Devt 100% # 99 yr 343,171 549,082 726* 726 Total 1,019,729 2,068,889 3,352 2,107 ^ Exclude 151 units set aside for corporate residences * Estimated no. of units # China Vanke to take up 30% stake 38 19
Residential Landbank China Project Location KLL's Stake Total Land Area Total GFA Remaining Area Remaining Units (sm) (sm) For Sale (sm) For Sale* 8 Park Avenue Shanghai 99% 33,432 136,893 65,233 378 Park Avenue Central Shanghai 99% 28,488 99,708 99,708 708 The Springdale Shanghai 99.4% 264,090 328,792 # 155,693 ^ 1,208 Seasons Residence Shanghai 99.9% 9% 71,621 128,917 128,917 1,187187 Waterfront Residence Nantong 100% 172,215 189,437 # 189,437 # 1,199 Central Park City Wuxi 49.7% 352,534 670,931 # 306,073 ^ 2,192 Waterfront Residence Wuxi 100% 215,230 322,844 322,844 2,500 Mixed Use Devt Wuxi 100% 66,010 165,025 # 165,025 1,135 Stamford City Jiangyin 99.4% 82,987 305,728 # 228,178 1,123 The Botanica Chengdu 44.05% 419,775 1,049,438 ^ 125,335 ^ 1,268 Park Avenue Heights Chengdu 100% 50,782 203,129 203,129 1,555 Hill Crest Villa Chengdu 100% 249,330 163,147 163,147 274 Landed Devt Chengdu 100% 286,667 243,100 243,100 573 The Seasons Shenyang 100% 348,312 365,186 # 348,883 ^ 2,581 Hunnan Township Development Shenyang 99.8% 302,681 756,580 756,580 7,026 Serenity Cove (Ph 3) Tianjin 100% 128,685 80,000000 79,588 340 Mixed use Devt Tianjin 100% 1,666,665 1,358,202 1,358,202 11,299 Tianjin Eco City Tianjin 55% 365,722 633,798 # 572,123 # 3,719 Integrated Marina Lifestyle Devt Zhongshan 80% 857,753 443,177 443,177 1,647 Hill Crest Residence (Ph 1) Kunming 68.8% 71,920 20,193 3,586 23 Hill Crest Residence (Ph 2) Kunming 68.8% 99,759 24,428 24,428 130 La Quinta II Kunming 68.8% 23,034 10,928 2,390 16 Total 6,157,692 7,699,581 5,984,776 42,081 # Includes commercial area ^Excludes commercial area 39 Residential Landbank Other Overseas Country Project KLL's stake Total Land Area Total GFA Remaining Area Remaining Units (sm) (sm) for Sale (sm) for Sale* Vietnam Saigon Sports City, HCMC 90% 640,477 688,180 # 289,850 ^ 2,622 The Estella, HCMC 55% 47,906 233,595 146,516* ^ 960* Riviera Point, Dist. 7, HCMC 78% 89,712 438,814 # 278,987* ^ 2,289* Dong Nai Waterfront City, Dong Nai 50% 3,667,127 2,046,955 # 1,293,500 ^ 7,850 Condominium Devt, Dist. 2, HCMC 60% 51,000 244,800 166,464 1,500 Riviera Cove, Dist. 9, HCMC 60% 97,000 34,711 15,893* 27* South Rach Chiec, Dist 2, HCMC 42% 302,093 755,000 # 641,067 ^ 6,699 Riviera Gardens, Dist. 12, HCMC 60% 113,098 40,715 56,549 174 Villa Devt, Saigon South, HCMC 50% 135,000 67,500 67,500 225 Casuarina Cove, Dist 9, HCMC 60% 93,368 39,807 46,684 120 Sub total 5,236,781 4,590,077 3,003,010 22,466 Indonesia Jakarta Garden City Phase 1 51% 266,939 140,658 2,551 9 Jakarta Garden City Phase 2 190,587 63,542 77,276 250 Remaining phases 693,492 883,169 771,917 5,437 Sub total 1,151,018 1,087,369 851,744 5,696 India Elita Horizon 51% 79,927 174,815 174,815 1,436 Elita Garden Vista 37.74% 99,957 214,277 122,482 660 Sub total t 179,884 389,092 297,297 2,096 Thailand Villa Arcadia Srinakarin 45.5% 159,706 79,294 52,009 174 Villa Arcadia Watcharapol 66.7% 124,912 68,314 76,295 244 Sub total 284,618 147,608 128,304 418 Sri Lanka Residential Devt, Colombo 60% 5,058 45,078 31,431 260 Middle East Residential Devt, Jeddah, Saudi Arabia 51% 36,236 253,652 Philippines SM KL Residential Devt, Manila 24.2% 12,932 122,343 Total 6,906,527 6,635,219 4,311,786 30,936 # Includes commercial area ^Excludes commercial area *Includes returned units 40 20
Residential Launches China Units to Launch Project Location 2013 2014 2015 8 Park Avenue* Shanghai 150 169 59 The Springdale* Shanghai 575 633 Seasons Residence^ Shanghai 240 461 486 Waterfront Residence^ Nantong 75 96 243 Central Park City* Wuxi 485 953 754 Waterfront Residence^ Wuxi 77 409 414 Mixed use Devt^ Wuxi 454 Stamford City Ph 2 (Blk 5)^ Jiangyin 37 60 58 The Botanica* Chengdu 1,124 144 Park Avenue Heights^ Chengdu 360 598 597 Hill Crest Villa^ Chengdu 37 77 75 Landed Devt^ Chengdu 60 76 The Seasons* Shenyang 115 260 309 Serenity Cove (Ph 3)^ Tianjin 67 205 68 Eco City* Tianjin 306 663 864 Integrated Marina Lifestyle Devt^ Zhongshan 28 60 Hill Crest Residence (Ph 1)* Kunming 19 4 Hill Crest Residence (Ph 2)^ Kunming 33 65 32 La Quinta II* Kunming 16 Total 3,716 4,885 4,549 *Balance units ^New launches 41 Residential Launches Other Overseas Units to Launch Project Location 2013 2014 2015 Vietnam Saigon Sports City^ HCMC 300 The Estella (Phase 1), Dist 2* HCMC 40 100 162 The Estella (Phase 2), Dist 2^ HCMC Riviera Point, Dist 7* HCMC 60 160 200 Dong Nai Waterfront City ^ Dong Nai 100 Condominium Devt, Dist. 2^ HCMC 350 Riviera Cove, Dist 9* HCMC 5 10 12 South Rach Chiec, Dist 2^ HCMC 100 250 Riviera Gardens, Dist 12^ HCMC 87 Villa Development, Saigon South^ HCMC 80 Casuarina Cove, Dist 9^ HCMC 30 50 Indonesia Jakarta Garden City* Jakarta 198 350 450 Thailand Villa Arcadia Srinakarin (Phase 1)* Bangkok 21 Villa Arcadia Srinakarin (Phase 2)^ Bangkok 55 54 47 Villa Arcadia Watcharapol (Phase 1)* Bangkok 19 Villa Arcadia Watcharapol (Phase 2)^ Bangkok 35 72 India Elita Garden Vista* Kolkata 318 216 134 Elita Horizon^ Bangalore 50 300 240 Sri Lanka Residential Development^ Colombo 104 78 Total 766 1,459 2,612 *Balance units ^New launches 42 21
Expected Completion Overseas Launched Projects Projects/ Phases Total Units Year of Completion Units Sold as at end Mar 2013 Area Sold as at end Mar 2013 (sm) China The Springdale, Shanghai, Plot 3 4 252 2013 213 20,485 The Botanica, Chengdu, Phase 7 2,084 2014 819 73,358 Vietnam Riviera Point Phase 1A 549 2014 111 13,720 Indonesia Jakarta Garden City 956 2009 2012 950 162,246 Phase 1 15 2013 12 1,980 Phase 2 Cluster E 43 2012 28 10,434 91 2013 67 16,515 Phase 2 Cluster F 71 2013 165 2014 25 5,804 India Elita Garden Vista, Phase 1 688 2013 618 91,795 43 Expected Completion Overseas Upcoming Projects Upcoming Projects/ Phases Location No. of Units Expected to be Completed* 2013 2014 2015 China 8 Park Avenue Shanghai 260 118 The Springdale Shanghai 502 444 131 Seasons Residence Shanghai 701 486 Waterfront Residence Nantong 111 115 227 Central Park City Wuxi 364 1,743 Waterfront Residence Wuxi 882 Stamford City Jiangyin 155 208 760 Park Avenue Heights Chengdu 575 980 Hill Crest Villa Chengdu 98 65 Landed Devt Chengdu 88 Serenity Cove (Ph 3) Tianjin 340 Seasons Park Tianjin Eco City 567 Seasons Garden Tianjin Eco City 210 270 The Seasons Shenyang 154 Integrated Marina Lifestyle Devt Zhongshan 60 75 Hill Crest Residence 2 Kunming 33 97 Indonesia Jakarta Garden City Ph 3 Landed Houses (Site B) Jakarta 82 *Subject to changes 44 22
Singapore Developments to Benefit from MRT Lines The Luxurie Residential Development Reflections at Keppel Bay Corals at Keppel Bay Proposed redevelopment of KTGE Towers Marina Bay Suites Sentosa Island Source : Land Transport Authority, Dec 2012. 45 Alpha Investment Partners Funds under Alpha (as at 31 Mar 2013) Funds Committed Equity % Invested No. of Countries Invested In Asia No. 1 Property Fund $400m 100% 4 Alpha Core Plus Real Estate Fund $720m 100% 3 AIB Alpha Japan Fund $259m 100% 1 Alpha Asia Macro Trends Fund $1.7b 100% 6 Alpha Asia Macro Trends Fund II $1.3b 34% 3 46 23
Corporate Awards Corporate Awards Euromoney Real Estate Awards 2012 South East Asia Property Awards 2012 Singapore Corporate Awards 2012 Governance and Transparency Index 2012 IR Magazine South East Asia Awards 2012 APREA Best Practices Awards 2012 Best Office Developer in Singapore Best Residential Developer, Best Mixed Use Developer and Best Mixed Use Developer in Vietnam Highly Commended Best Developer Singapore Jakarta Garden City Phase 1 : Best Villa (Indonesia) and Highly Commended Green Development Gold Award for Best Annual Report Silver Award for Best Managed Board Ranked 6 th out of 674 companies assessed Grand Prix winner for Best Overall Investor Relations for small or mid cap companies Mature Markets Best Property Development Organisation (Merit) SIAS Investors Choice Awards 2012 Most Transparent Company (Real Estate category) Runner up Singapore Corporate Governance Award Merit 47 Corporate Awards Product Excellence Awards FIABCI Prix d'excellence Awards 2012 FIABCI Singapore Property Awards 2012 International Property Awards 2012 Asia Pacific Property Awards 2012 International Architecture Award 2012 MBFC Phase 1 : Winner (Office category) Marina Bay Residences : Runner up (Residential (High Rise) category) Reflections at Keppel Bay : Winner (Residential (High Rise) category) Ocean Financial Centre : Best Commercial High rise Development Ocean Financial Centre : Best Commercial High rise Development (Asia Pacific region), Best Office Architecture and Best Office Development in Singapore Reflections at Keppel Bay : One of only 2 Singapore projects 48 24
CSR Awards CSR Awards The Sustainability Yearbook 2013 Features the top 15% of about 3,000 companies worldwide in sustainability leadership Dow Jones Sustainability Index (DJSI) 2012 Global Real Estate Sustainability Benchmark 2012 Singapore Human Resources Institute Awards 2012 Workplace Safety and Health Awards 2012 World Index and Asia Pacific Index One of three Singapore companies in World Index Regional Sector Leader Office HR Advocate Award for Corporate Social Responsibility Workplace Safety and Health Developer Award 49 Green Mark Awards 34 BCA Green Mark Awards to date Latest awards: Riveria Point, Gold (Provisional) Elita Garden Vista, Certified (Provisional) The Lakefront Residences, Gold International Financial Centre Jakarta Tower 2, Platinum (Provisional) Saigon Centre Phase 2 (Retail Podium and Commercial), Gold (Provisional) 50 25
Thank You 51 26