Content Introduction Strategic Focus Updates Market Review & - PDF document

Investor Meetings June 2010 1 Content  Introduction  Strategic Focus  Updates  Market Review & Outlook  Going Forward i d  Recent Awards 2 1

Introduction 3 Introduction Premier Property Total assets of $6.7 bil as @ 31 Mar 2010 Company Market cap of $5.3 bil as 4 June 2010 Developer of One Raffles Quay, Leading Prime Marina Bay Financial Centre and Ocean Financial Centre Office Player in Singapore’s Crown Jewel Marina Bay Focus on thematic residential and Asia’s Quality township developments in Singapore, China, p p g p Home Developer Home Developer Vietnam, India and Indonesia Established Property Manager of four property funds Fund Manager and a pan ‐ Asian commercial REIT 4 2

Vision and Mission Vision To be the premier multi ‐ national corporation providing b h l l d urban living solutions through the twin core businesses of property development and property fund management. Mission We are committed to create live ‐ work ‐ play environments of enduring value for the community with our hallmark excellence, and achieve sustainable higher returns for our shareholders. 5 International Presence More than 70,000 Homes in the Pipeline Across Asia and the Middle East 6 3

Strategic Focus 7 Strategic Focus Two Core Businesses SINGAPORE Commercial developments mainly in Marina Bay and CBD Residential developments including lifestyle Property Property waterfront projects Development Fund OVERSEAS K ‐ REIT Asia to recycle Residential developments for Sale Management capital including townships, Fee ‐ based income from sustainable developments fund management with and integrated lifestyle greater AUM projects Commercial developments selectively 8 4

Updates 9 Singapore Residential Ride on Demand for Suburban Homes Successfully acquired Lakeside Drive site Successfully 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) Lakeside Drive Site Details Location Lakeside Drive  Relocation of a few ministries and statutory boards (2) offices in 2015 Site Area 16,117.2 sm Total number of units (estimated) About 550  Near to amenities (e.g. Jurong Point), future Permissible Gross Floor Area 56,411 sm Canadian International School and attractions Expected Launch Date End ‐ 2010 (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 10 Authority, the Ministry of the Environment and Water Resources, Public Utilities Board and National Environment Agency 5

Singapore Residential Demand for Residential Development in Marina Bay Area Capitalised on the preview opening of Marina Bay Sands on 27 th April 2010  Launched second phase of Marina Bay Suites on 29 th April 2010 Total: 221 units  Sold 132 units as at end ‐ May 2010 Marina Bay Sands Marina Bay Sands Marina Bay Sands Marina Bay Suites Marina Bay Suites Marina Bay Suites 11 Singapore Residential Capitalise on Close Proximity to Resorts World Sentosa Marina Bay VivoCity located within VivoCity located within Sands Reflections at Keppel Bay close proximity Resorts World Sentosa/ Universal Studios Marina Bay Suites Reflections at Keppel Bay Caribbean at Keppel Bay Total : 969 units (sold 801 units earlier) Total : 1,129 units Launched remaining 168 units since 3Q09 98% of 760 launched units sold as at  94% sold as at end ‐ May 2010 end ‐ May 2010 12 6

Singapore Commercial Marina Bay As A Vibrant Work ‐ Live ‐ Play Environment Marina Bay Financial Centre Marina Bay Suites Comprise 3 Grade A office towers p Final phase of luxury residential development in the Marina Bay area Final phase of luxury residential development in the Marina Bay area Ocean Financial Centre Platinum level LEED ‐ CS One Raffles Quay pre ‐ certification Marina Bay Residences Marina Bay Sands (Integrated Resort) 13 Fully sold out luxury residential development Keppel Land’s projects located nearby to the IR Singapore Commercial Choice Location for Multi ‐ National Companies Marina Bay Financial Centre (MBFC) Marina Bay Financial Centre (MBFC)  Total: 2.9m sf MBR MBR MBR T3 T3 T3 T2 T2 T2 MBS MBS MBS  New take ‐ up in April • Barclays : Additional 250,000 sf • Prudential : Approx. 37,000 sf T1 T1 T1  Overall commitment : 78% • Phase 1 : 1.6m sf ‐ Towers 1 & 2 : Fully leased 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 14 * Except for a small percentage of space reserved for existing tenants’ expansion 7

Singapore Commercial Positive Take ‐ up with Active Leasing Momentum Ocean Financial Centre (OFC)  Total NLA : 850,000 sf  Overall commitments : More than 30%  4 th generation building to rise at former Ocean Building site  Completion : Mid ‐ 2011 15 K ‐ REIT Asia Pursue Quality Assets With Enhanced Financial Flexibility Seeking pan ‐ Asian acquisition opportunities  Raised gross proceeds of $620m through 1 ‐ for ‐ 1 rights issue i d d f $620 h h f i h i 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 16 8

Alpha Investment Partners Seeking Acquisition Opportunities with Strong Financial Position Alpha Asia Macro Trends Fund Alpha Asia Macro Trends Fund T t l AUM Total AUM: Alpha $10.0 bn Investment  Targeted at developed and fast emerging markets Partners : with focus on prominent trends in Asia such as : $7.7 bn (1) • Rise of consumerism, tourism and home K ‐ REIT Asia : ownership $2.3 bn (2) • Emergence of REITs As at end ‐ March 2010 : No. of • • Aging populations Aging populations Committed Committed % % Funds under Alpha Countries Equity Invested Invested In Key Asian cities as education hubs • Asia No. 1 Property Fund $400m 100% 4 Alpha Core Plus Real  Active acquisitions in Singapore : $720m 100% 4 Estate Fund AIB Alpha Japan Fund $259m 46% 1 • 77% stake in Katong Mall Alpha Asia Macro $1.7bn 30% 5 Trends Fund (1) When fully leveraged and fully invested, as at end ‐ Mar 2010 (2) Includes asset revaluation, Prudential Tower strata acquisition and 17 50% interest in 275 George Street, Brisbane, Australia as at end ‐ Mar 2010 Overseas 18 9

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 More than 5,000 units sold over five Phase 1 of 1,448 units fully sold phases since launch in 2005 Capitalise on relocation of the municipal offices and proximity to MRT station to Phase 5 : Sold more than 690 units launch more units  Fully sold 376 launched units in early April Phase 2 (Stage 1) : 342 units launched since  Launched another 604 units since late April 2 nd weekend of May  Sold 213 units as at end ‐ May 2010 • Sold 317 units as at end ‐ May 2010 19 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  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 Waterfront township development at South Rach Chiec Waterfront township development at South Rach Chiec • 62% of 719 launched units sold as of end ‐ May 2010 20 10

Overseas – India and Indonesia Continued Demand with Improving Eco nomy 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  69% of 688 units sold as at end ‐ May 2010 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 21 ‐ Runner ‐ up Residential (Low ‐ Rise) Category Market Review & Outlook 22 11