GuocoLand secures S$619.3 million green facility for development of River Valley Green site

SINGAPORE, 8 July 2025 - GuocoLand Limited ("GuocoLand") (国浩房地产) has secured a S$619.3 million green club facility ("green facility") from United Overseas Bank Limited, Bank of China Limited, Singapore Branch and Oversea-Chinese Banking Corporation Limited to finance the acquisition and development of its River Valley Green (Parcel B) site.

The latest green facility for the future development at the River Valley Green site was raised under GuocoLand's Green Finance Framework. This adds to the Group's existing green facilities for the commercial components of its integrated mixed developments Guoco Tower and Guoco Midtown, as well as its high-end residences Lentor Modern, Lentor Mansion, the upcoming Springleaf Residence at Upper Thomson Road and a future development at Faber Walk.

When completed, the Group's development at River Valley Green will achieve the Building and Construction Authority's ("BCA") Green Mark Platinum (Super Low Energy) certification with Maintainability Badge.

The 99-year leasehold land parcel, which is located in prime District 9, was awarded to GuocoLand in February 2025. The development will be directly connected to Great World MRT station on the Thomson-East Coast Line ("TEL") and to Great World shopping mall via an underground walkway. The 11,736 sqm site also offers direct access to the Singapore River with a long frontage along Kim Seng Park. GuocoLand plans to build a high-end waterfront development featuring around 455 residential units across two towers, along with commercial shops on the first storey.

Residents will enjoy close proximity to shopping and dining, with Great World shopping mall and Zion Riverside Food Centre within walking distance. River Valley Primary School is just across the road, while other primary schools within 2 km of the development include Anglo-Chinese School (Junior), St. Margaret's School (Primary) and Zhangde Primary School.

With Great World MRT station at their doorstep, residents will enjoy seamless connection to various parts of the island via the TEL, including the CBD, East Coast Park, and Changi Airport Terminal 5 in the future.

Ms Dora Chng, Residential Director of GuocoLand, said, "With direct connectivity to the Thomson-East Coast Line, residents of the future development at River Valley Green will have convenient access to all parts of Singapore, in addition to enjoying the wide selection of shopping and dining options right at their doorstep. Residents can also look forward to scenic views of the city and of Singapore River, as

well as GuocoLand's signature features such as lush landscaping and efficient, generous layouts that enhance the liveability of the development."

GuocoLand's Lentor Mansion, jointly developed with Hong Leong Holdings Limited ("Hong Leong Holdings"), was the Group's first project to achieve the Green Mark Platinum (Super Low Energy) award with Whole Life Carbon and Maintainability badges. Lentor Mansion has sold 99% of its 533 units since it was launched in March 2024, and is expected to be completed by the end of 2027.

The 941-unit Springleaf Residence will be the Group's second development to attain the BCA Green Mark Platinum (Super Low Energy) award with Maintainability Badge when completed. Jointly developed with Hong Leong Holdings, Springleaf Residence is expected to be launched in the third quarter of 2025.

At the Faber Walk site, GuocoLand and its joint venture partners TID Pte. Ltd. and Hong Leong Holdings are jointly developing a residential development with 399 units across nine low-rise blocks. The development, expected to be launched by the end of 2025, will also attain the BCA Green Mark Platinum (Super Low Energy) award with Maintainability Badge when completed.

Other sites that GuocoLand has acquired recently with joint venture partners include sites at Tengah Garden Avenue and Margaret Drive.

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Joanna Wong

Manager, Corporate Communications & Branding GuocoLand Limited

DID: (65) 6428 7838

Email: joannawong@guocoland.com

Guo Xiaorong Director

SEC Newgate Singapore DID: (65) 6513 8300

Email: xiaorong.guo@secnewgate.sg

GuocoLand Limited ("GuocoLand") and its subsidiaries ("the Group") is a leading real estate group that is focused on its twin engines of growth in Property Investment and Property Development. It develops, invests in and manages a portfolio of quality commercial and mixed-use assets providing stable, recurring rental income with potential for capital appreciation. The Group has a strong track record in creating distinctive integrated mixed-use developments and premium residential properties that uplift and transform their local neighbourhoods.

The Group's investment properties - the total value of which stood at S$6.58 billion as at 31 December 2024 - are located across its key markets of Singapore, China and Malaysia, such as Guoco Tower and Guoco Midtown in Singapore, Guoco Changfeng City in Shanghai, and Damansara City in Kuala Lumpur. Iconic residential projects of the Group include Wallich Residence, Martin Modern, Meyer Mansion, Midtown Modern, Midtown Bay, Lentor Modern and Lentor Mansion.

The Group's end-to-end capabilities span across the real estate value chain, from planning and design, property investment, property development, and property management to asset management.

GuocoLand is listed on the Mainboard of the Singapore Exchange. The parent company of GuocoLand is Guoco Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. Both GuocoLand and Guoco Group Limited are members of Hong Leong Group in Malaysia.