Keppel Ltd. · SGX:BN4
Keppel — Investor Presentation (September 2019)
21 slides from Keppel's investor presentation, Sep 26, 2019
Slide 1: Vietnam Property Briefing for Analysts
Vietnam Property Briefing for Analysts 26 September 2019 Saigon Centre, Ho Chi Minh City 1
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include industry and economic conditions, competition, and legal, governmental and
Slide 3: Trusted Brand Name
Trusted Brand Name EXPERIENCE YEARS IN VIETNAM CAPABILITY ~500 EMPLOYEES TRACK RECORD 20 LICENSED PROJECTS SAFETY NO ACCIDENTS INVESTMENT REGISTERED CAPITAL RECOGNITION +41 AWARDS & ACCOLADES
Slide 4: Strong Foundations
Strong Foundations We are one of Vietnam's pioneer and largest real estate investors with a diverse portfolio of properties. 1996 2012 1995 Shifted strategic First high-rise 2019 Completed the 1st focus to HCMC 2007 condominium Broadened product commercial project in HCMC offerings with smart First
Slide 5: Our Growth Strategy
Our Growth Strategy We are meeting the demand for quality homes and commercial spaces, driven by healthy economic growth and Vietnam’s growing affluence. BREADTH & DEPTH SCALE LOCAL NETWORK Address wider segments in the Agile expansion into up-and- Collaborate with the 1 residential sector from luxu
Slide 6: Property Portfolio
Property Portfolio • Completed ~3,000 units Residential Landbank by Segments since 2007 • Established residential 39% 43% landbank • Currently comprises The property portfolio in ~17,100ii units, of which 17,100ii Vietnam has an RNAV of ~5,700ii units are launch units S$1.5 billioni ready from now t
Slide 7: Deepening Presence in HCMC
Deepening Presence in HCMC • Established presence in prime districts 1 & 2 • Tapping growth in HCMC’s southern corridor • Riviera Point, District 7 o Approx. 1,900 homes launched, over 93% is sold • Saigon South project, Nha Be District o About 2,400 premium homes o Shophouses with GFA of ~14,650 sm
Slide 8: Our Performance
Our Performance Growing contributions from the Vietnamese property market. Net Profit (Vietnam) Keppel Land’s 1H 2019 Net Profit by Geography 134 19% 105 S$‘ million 84 S$258 million 49% 32% 29 10 0 2015 2016 2017 2018 1H 2019 China Vietnam Others 8
Slide 9: Project Showcase
Project Showcase Palm City, Ho Chi Minh City
Slide 10: Commercial
Commercial Saigon Centre, District 1 Estella Place, District 2 • Phase 1: 17,000 sm Grade A office space and 89 serviced • Keppel Land’s newest retail mall located in the growing apartments. District 2 of HCMC • Phase 2: 7 levels of retail space (~55,000 sm); • Commenced commercial operations in 201
Slide 11: Co-working Spaces
Co-working Spaces KLOUD, Saigon Centre • 1,870 sm of flexible coworking space located at Saigon Centre, HCMC. • Commenced commercial operations in Nov 2017. • Leased to tenants across several industries including accountancy & consultancy, engineering & manufacturing and retail. 11
Slide 12: Residential
Residential Estella Heights, District 2 Phase 1 Phase 2 Total: 496 units Total: 376 units Sold: 100% Sold: 100% Completed: 2017 Completed: 2018 12
Slide 13: Residential
Residential Riviera Point, District 7 Phase 1A: Riviera Point Phase 1B: The View Phase 1C: The Infiniti Subsequent phases Total: 549 units Total: 518 units Total: 798 units Total: 532 units Sold: 100% Sold: 93% Sold: 88% Status: Not launched Completion: 2014 Completion: Aug 2019 Completion: 2H 2021
Slide 14: Residential
Residential Palm City, District 2 Phase 2: Palm Garden Subsequent phases Phase 1: Total: 636 units Total: 1,452 units Palm Residence Booked: 94% Status: Not launched Total: 135 units Completion: 2H 2022 Sold: 100% Completed: 2017 Palm Heights Total: 816 units Sold: 100% Completion: 2H 2019 14
Slide 15: Residential
Residential Empire City, District 2 • 14.6-ha site comprising >2,700 premium homes and >250,000 sm of commercial GFA. • Expected completion: 2025 (commercial) • Target office tenants comprise both MNCs and well-established Vietnamese companies in sectors like banking, technologies, insurance, pharma
Slide 16: Residential
Residential Phase 1: Linden Residences Subsequent phases Empire City, District 2 Total: 510 units Total: 1,659 units Sold: 100% Status: Not launched Completion: 2020 Phase 2: Tilia Residences Phase 4: Narra Residences Total: 472 units 278 units to be launched in 2H 2019 Sold: 100% Completion: 2H 202
Slide 17: Residential
Residential Empire City, District 2 17
Slide 18: Saigon Sports City
Saigon Sports City Keppel Land is collaborating with Keppel Urban Solutions to develop the 64-ha integrated township as a smart sustainable city. • Vietnam’s first-of-its-kind sports-oriented township featuring >4,000 residential units and >130,000 sm of commercial GFA. • Incorporates latest urban s
Slide 19: Saigon Sports City
Saigon Sports City Saigon Sports City showcases Keppel Group’s ability to create and capture value through different channels & enjoy pull-through of multiple earnings across the Group. 19
Slide 20: Growing with Our Communities
Growing with Our Communities Words on wheels (WoW) Scholarship Awards WoW is a mobile library programme that aims to promote reading and Keppel Land supports needy students learning among children in local from Anh Phu Secondary School with communities. Phase 2 of WoW (HCMC) scholarships. We are als
Slide 21: Q&As
Q&As 21