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Frasers Property remains keen on Singapore housing development but is cautious over entry costs and margins

By Kim Browne

Frasers Property remains keen on Singapore housing development but is cautious over entry costs and margins

FRASERS Property posted a net profit of S$148.9 million for the second half of its financial year ended Sep 30, reversing losses of S$52.6 million in the same period the prior year.

This came as revenue for H2 FY2024 stood at S$2.7 billion, up 33.2 per cent from S$2 billion the previous year, it said on Wednesday (Nov 13).

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Frasers Property remains keen on Singapore housing development but is cautious over entry costs and margins - GQ British Lifestyle