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1
SIME DARBY PROPERTY BERHADInvest Malaysia 2018
23 & 24 January 2018
Presentation Outline
2
1 Overview
2 Strategies
3 Transformation Focus
4 Financial Performance
5 Market Outlook
6 Appendices
3
1 Overview
Our History4
• Negara Properties, the subsidiary of Golden Hope Plantations launched
its first township – Taman Melawati (880 acres)1972
1984• Sime UEP was established through the acquisition of a large stake in
United Estates Projects Bhd, the developer of Subang Jaya township (2,241 acres)
1995
• Guthrie Property Development Holding Bhd, a subsidiary of Kumpulan
Guthrie Berhad launched its first township – Bukit Jelutong (2,205 acres)
1997
• Launched and transformed Nilai Impian 1 (1,263 acres) into a comprehensive township at the Pajam Nilai interchange along the North-South Expressway
2007
2012
2013
• Sime Darby Property Division was established following the historical merger of Kumpulan Sime Darby Bhd, Kumpulan Guthrie Bhd and Golden Hope Plantations Bhd
• Sime Darby Property, SP Setia and EPF acquired the iconic Battersea Power Station for GBP400mn (42 acres)
• Signed concession agreements with government of Malaysia and four
higher learning institutions to develop Pagoh Education Hub
• City of Elmina was launched (5,000 acres)
• Started the developments of Denai Alam, Bukit Subang and Elmina East
2016• Launched Bandar Bukit Raja 2 (~1,400 acres) and Serenia
City (2,370 acres)
Taman Melawati
Subang Jaya
Bukit Jelutong
2005• Completion of the Guthrie Corridor Expressway (25 km) which
connect Shah Alam to Rawang
City of Elmina
An Independent Listed Entity5
On 30 November 2017, Sime Darby Property Berhad was listed as an independent entity on Bursa Malaysia
RM1.50
RM1.20
RM1.60
L I S T I N G R E F E R E N C E P R I C E
L I S T ED S H A R E P R I C E
( 3 0 N O V ' 1 7 )
S H A R E P R I C E T O D A Y
( 2 2 J A N ' 1 8 )
-20% +33%
Share Price Performance
The Largest Property Developer (20,763 acres) in Malaysia, in terms of land bank size with 1,599 employees
+33%
Increase in Market Capitalisation
RM8.2bn
RM10.8bn
L I S T ED M A R K E T C A P( 3 0 N O V ' 1 7 )
M A R K E T C A P T O D A Y( 2 2 J A N ' 1 8 )
Shareholding Structure as at 22 Jan’18 6
Source: Tricor
54.7%
10.7%
4.8%
ForeignShareholdings
14.7%
As at 22 Jan’18
15.1%Domestic Shareholdings
and the public
RM1.60 Share Price
RM10.8bnMarket Capitalisation
6,800,839Number of Ordinary Shares (000’)
1.201.11
1.28
1.45
1.78
1.52
1.64 1.60
Share Price Movement (RM)
Our Footprint7
20,763 acres of the
remaining developable land bank which includes:
20,763 acres of the
remaining developable land bank which includes:
12,026 acres within our
existing 23 active townships,
integrated & niche urban developments
12,026 acres within our
existing 23 active townships,
integrated & niche urban developments
3,196 acres in the Malaysia
Vision Valley (MVV) region
3,196 acres in the Malaysia
Vision Valley (MVV) region
Total estimated remaining Gross Development Value
(GDV) of RM100.4 bn
Total estimated remaining Gross Development Value
(GDV) of RM100.4 bn
Additional 20,599 acres
of land via MVV & Land Options Agreements (5+3 years)
Additional 20,599 acres
of land via MVV & Land Options Agreements (5+3 years)
LagongKota Elmina
Pulau Tikus
Georgetown
Melaka
Johor Bahru
Kuala Lumpur
NegeriSembilan
MALAYSIA
SINGAPORE
Hamilton Labuan Bileh
Ara DamansaraSJCC SJ7
Serenia City
ALYATaman Melawati
KL East
Nilai Impian 1 & 2 Bandar Ainsdale
Nilai Utama
Bandar Universiti Pagoh
Saujana Impian
Denai AlamBukit Jelutong
Putra Heights
Planters’ Haven
City of Elmina
Bandar Bukit Raja 1, 2 & 3
North-South Expressway
Keretapi Tanah Melayu HSR Hubs Flagship Development
HSR line
An Integrated Property Developer8
Domestic: Klang Valley, Negeri Sembilan and Johor
International: London, United Kingdom, development of Battersea Power Station
Property DevelopmentProperty Development
Property InvestmentProperty Investment
Manages ~1.4mn sq. ft. of net commercial space in Malaysia, S’pore and United Kingdom
Retail Mall: Melawati Mall
Hospitality & LeisureHospitality & Leisure
Domestic: Sime Darby Convention Centre, TPC KL, Impian Golf & Country Club
International: Darby Park Executive Suites, S’pore & Darby Park Serviced Residences, Vietnam
Bandar Universiti Pagoh, Johor
Melawati Mall, Selangor
TPC Kuala Lumpur (Formerly Kuala Lumpur Golf & Country Club)
Sustainability Strategic Framework9
The Framework aligns Sime Darby Property’s purpose and values with the Organisational Sustainability Leadership Index (SLI) Key Performance Indicators
Ascribed to the United Nations Sustainable Development Goals (SDGs)
Awarded by Property Guru Asia Property Awards, 2017
Special Recognition in Sustainable Development and Social Recognition in CSR
A Model Wellness & Liveability Township
City of Elmina, Townships For The Future
10
The 36-acres Elmina Community Park was named the “Elmina TN50 Community Park” in line of Transformasi Nasional 2050 (TN50)
300 acres of Central Park
90km cycling and jogging track
Total 3,480 acres of green spaces
An Award-Winning Township
Star Property 2017Winner : The Five Elements Award
(Best Comprehensive Township)
Institute of Landscape Architects Malaysia 2017Winner: Landscape Analysis & Study Awards
(Master planning)
Existing 2,700 acres of forest reserve
11
2 Strategies
Key Investment Highlights 12
#1 Largest developable land bank in Malaysia
20,763 acres with remaining estimated GDV of
RM100.4bn
Excluding additional 20,599 acres of lands under
Options Agreements with Sime Darby Plantation and Sime Darby Berhad
~85% of the total land bank located in Greater Klang Valley
All freehold developments except for developments in Bandar
Universiti Pagoh and ALYA
A competitive advantage to monetize non-strategic land
Sustainable earnings contribution for the next 15 – 20 years
Chemara Hills, Seremban City of Elmina, Selangor Bandar Bukit Raja, Klang
Key Investment Highlights 13
#2Strategic locations with full spectrum of products
Located in growth areas with robust economic activities and high accessibility to major road systems
and railways
Well positioned along the Guthrie Corridor Expressway (GCE) and West Coast Expressway
Strategically located in Negeri Sembilan and Johor to benefit from
Malaysia Vision Valley and High Speed Rail projects
SELANGOR
JOHOR
Forest Reserve
To Penchala Link (15 minutes)
Key Investment Highlights 14
Putra Brand Awards 2017Gold Award in Property Category(7 consecutive years since 2010)
StarProperty.my Awards 2017Top Ranked Developers of the Year
Noble Excellence Awards 2017Gold, National Best Integrated Development of the Year (Oasis Square, Ara Damansara)
BCI Asia Awards 2017Top 10 Developers Awards in Malaysia
#3 Recognisedbrand with established track record
Good track record of over 40 years in property
development with success in transforming former estate lands into major townships
Received awards over the years for excellence and distinctions
Strategic and Growth Plan 15
No. 1 Property Developer in Malaysia
VIS
IO
N
Pursue Strategic
Partnerships
Increase Product
Diversification
• Develop a variety of industrial developments such as Built-To-Suit (BTS) products
• Expand the development of integrated TOD and TAD projects
Active Land Bank
Management
• Prioritise the development located along GCE
• Assess best and highest use for each land parcel &dispose non-strategic lands
• Opportunistic land acquisitions
Focus on Township & Integrated
Development
Optimise & Grow
Recurring Income
GR
OW
TH
S
TR
ATEG
IES
KEY
PR
IO
RITIES
IN
FY
18
-FY
20
TA
RG
ET B
Y
FY
20
22
• Proactively secure partnerships via JV or opportunistic M&A
• Capture a larger share of the property development market in Malaysia
• Leverage on the sizeable land bank located in strategic growth areas
• Increase exposure in integrated & urban developments
• Enhance current GDV of RM100bn
• Grow recurring income base
• Retain strategic assets
• Dispose non-performing assets
• Establish a core and experienced team
Secure entry into FTSE Bursa
Malaysia KLCI
PATAMI Annual Growth
Secure Market
Leadership
16
Three-Pronged Approach to Active Land Bank Management
DEVELOPSTRATEGIC
PARTNERSHIPS MONETISATION
Drive cost reduction initiatives to enhance profitability
Prioritise and focus on growth of high performing townships
A r e a s :
Townships: Elmina West, Elmina East, Serenia City, Bandar Bukit Raja & Bandar Universiti Pagoh
Integrated: SubangJaya City Centre (SJCC) and KL East
Earmark potential developers to co-develop ongoing and greenfield townships as a mean to:
Accelerate development of our sizeable land bank
Leverage on partners’ expertise and resources
O n g o i n g P r o j e c t s :
Strategic monetisation of parcels of land outside key development focus in order to:
Enhance the land value and expedite the development via other developers
Speedy realisation of land value
P a s t T r a n s a c t i o n s :
2015: Elmina land (135 acres) to E&O
2016: Serenia City land (346 acres) to Sunsuria Semenyih land (238 acres)
2017: Semenyih land (803 acres) to I&P
2018: Disposal of Malaysia Land Development
Company & 40% stake in SeriemasDevelopment
Target to be disposed within 2 years: • 1,614 acres – Kedah 37 acres – Sabah
Bandar Bukit Raja Industrial Park, an establishment of the joint venture currently in progress
Leverage on the expertise of key partners
Malaysia Vision ValleySixth Economic Corridor in
Malaysia
PJ MidtownIntegrated project at the epicenter of Petaling Jaya
Battersea Power Station (BPS) Project
A major regeneration project in Nine Elms
Melawati MallThe first major shopping mall in
Taman Melawati
Radia Bukit JelutongMixed development at the heart
of Bukit Jelutong
17
Increase Product Diversification18
• Total gross acreage of 5,000 acres comprising Bukit Subang, DenaiAlam, Elmina East & Elmina West
• Estimated remaining GDV of RM20.5bn
• First township to be integrated with an education hub
• A 693-acres of area evolving from a landed property township into an integrated development
• The Véo & QuarzaResidences, featuring modern contemporary living
• Served by the Putra Heights Interchange, USJ Interchange, NKVE, LDP, ELITE, KESAS & SKVE Highways
• Lifestyle destination with a modern multi-modal transportation system
• Comprises of 9 development parcels spanning 62-acres covering residential, commercial & retail components in affluent neighborhoods
• Encompasses one of Malaysia’s premier golf and country clubs, TPC KL
• Proposed Sime Darby Business Park (823 acres) to be an integrated eco-system and the address of choice for SMEs, MNCs and Logistics Operators
• Offers a variety of Built-To-Suit products to serve as an industrial and high technology hub
Township & Integrated Development
Premium, Branded Lifestyle
Transit Oriented and Transit Adjacent Developments
IndustrialPark
20
Prioritise Flagship Developments
Forest Reserve
DASH
Elmina East1,089 acres
Denai Alam & Bukit Subang1,250 acres
RRI
Bdr. Bukit Raja 1,2 and 34,333 acres Subang Jaya
2,241 acres
Ara Damansara693 acresBukit
Jelutong2,205 acres
Setia ECO ParkSetia Alam
Elmina West2,661 acres
Kota Elmina1,540 acres
Lagong1,552 acres
Gamuda Garden
Legend
20
Ongoing developments
Guthrie Corridor ExpresswayDamansara-Shah Alam Elevated Expressway (DASH)
Future developments
New Klang Valley Expressway (NKVE)KL-Kuala Selangor Expressway (LATAR)North-South Expressway (NSE)Federal Highway
10,297 acres of land bank along
Guthrie Corridor Expressway with
remaining GDV of more than RM20 billion
Prioritise these
developments by offering affordable and saleable products
Good connectivity: GCE, DASH, NKVE, LATAR and
NSE Mass Rail Transit-1 (MRT 1) and
Keretapi Tanah Melayu Line (KTM)
21
~12k acres of remaining developable land bank with a remaining GDV of RM85.9bn
¹ Remaining developable area includes 6 parcels of homestead lots and 60 vacant homestead plots² This GDV figure is preliminary and currently only available for 4 out of 26 future developments
Township/Development Name YearCommenced
Total Area (acres)
Remaining Developable Area (acres)
RemainingGDV
(RM bil)
Remaining Development
Period (years)
Niche / Integrated
ALYA, Kuala Lumpur 2012 62 51 6.8 9
Chemara Hills, Seremban 2013 44 3 0.1 1
USJ Heights, Subang Jaya 2007 375 17 0.2 3
SJ 7, Subang Jaya 2015 40 35 5.2 16
SJCC, Subang Jaya 2012 30 28 3.8 11
KL East 2011 160 97 2.0 12
Township
City of Elmina: Elmina West, Shah Alam 2015 2,661 2,623 16.1
City of Elmina: Elmina East, Shah Alam 2012 1,089 856 3.6 25
City of Elmina: Denai Alam & Bukit Subang 1999 1,250 104 0.7
Bandar Bukit Raja 2 & 3, Klang 2016 2,820 2,472 12.427
Bandar Bukit Raja 1, Klang 2002 1,513 144 2.2
Serenia City, Dengkil, Sepang 2013 2,370 1,486 8.7 19
Putra Heights, Subang Jaya 1999 1,796 86 3.8 12
Ara Damansara, Petaling Jaya 1999 693 74 5.8 6
Bukit Jelutong, Shah Alam 1995 2,205 165 2.1 7
Saujana Impian, Kajang 1995 600 13 0.01 1
Taman Melawati, Ulu Klang 1972 880 6 0.7 6
Nilai Impian 2, Nilai 2014 546 426 3.2 9
Nilai Impian 1, Nilai 1997 1,263 189 0.9 6
Bandar Ainsdale, Seremban 2011 562 195 1.3 8
Planters' Haven, Nilai 1996 250 81 n/a¹ n/a¹
Bandar Universiti Pagoh, Muar 2013 4,099 2,855 6.2 17
Taman Pasir Putih, Pasir Gudang 1981 356 20 0.1 6
TOTAL 25,664 12,026 85.9Future development 8,737 14.5²
Accelerate Current GDV of RM100bn
22
Well Positioned to Benefit From Malaysia Vision Valley (MVV)
To Bangi
To Johor
To Kajang
KLIA
Elite Highway
STRAITS OF MALACCA
PORTDICKSON
MALACCA
SELANGOR
SEREMBAN
Proposed High Speed Rail Station
North-South Expressway
Parcel A:3,196 acres
Additional 8,793 acres
Sime Darby Property’s land
Sime Darby Plantation’s land
Legend
Sime Darby Berhad’s land
BandarAinsdale
MVV Total Area: 379,086 acres
Sime Darby Property’s Interest:
Owned: Parcel A of 3,196 acres MVV Option Agreements: Additional 8,793
acres (currently held by SD Berhad)
PARCEL A : HIGH TECHNOLOGY AND INDUSTRIAL PARK
A new economic corridor and a Premier Urban Transformation Region under the National Transformation Agenda
Nilai Impian1 & 2
• A critical investment corridor for NegeriSembilan
• Limited land for industrial developments in Nilai & Senawang
• Increased foreign and local demand for high technology hub
• Continuation of Putrajaya, Cyberjaya and Kuala Lumpur International Airport development area
• Leverage on existing developed infrastructure & proposed HSR project
23
Option to Increase Land Bank Totaling~20k acres
Kulai, Johor
Kulai A estate: 1,862 acresKulai B estate: 3,186 acres
Land Options Agreement
with Sime Darby Plantation
1 1 , 8 0 6 a c r e s
SD Plantation entered into 9 call option agreements
with SD Property pursuant to which SD Property has options
to purchase these lands at future market value
Options Validity: 5 years, extendable by 3 years
Selangor
Sepang estate: 2,000 acresLothian Estate: 485 acres
Sungai Kapar estate: 993 acresWest Estate, Carey Island: 2,000 acres
Byram estate: 864 acres
Ainsdale estate: 268 acres
Bukit Selarong estate: 148 acres
Kedah
Penang
NegeriSembilan
20 ,599acres
MVV Options Agreement
with Sime Darby Berhad
8 , 7 9 3 a c r e s
Kumpulan Sime Darby and Sime Darby Property entered
into several call option agreements for lands within
the MVV development region
Options Validity: 5 years, extendable by 3 years
Labu, New Labu (Kirby), New Labu (Main) and Hamilton estates
Sua Betong estates
Unlock Value from Battersea Project24
Phase 1 Phase 2 Phase 3A
T O T A L R E S I D E N T I A L U N I T S
867
253
539
Take-up rate: 99%
Take-up rate: 90%
Take-up rate: 71%
Established in Jul’12Expected completion
in 2028
JOINT VENTURE
4 0 : 4 0 : 2 0Sime Darby Property: SP Setia : EPF
10-15Years to project completion
42 acresSite Area
~£9bnEstimated GDV
Tunneling work completed as boring machines break through at Kennington
Profit Recognition for Phase 1
RM227mn• RM140mn in FY17• RM87mn in 1QFY18• Future recognition in 2HFYfor
remaining 93 units handed over in Q4CY17
Northern Line Extension
Target Completion
100% completed
Q4 2020 1H2021
Battersea Power Station Phase Two25
T h e P o w e r S t a t i o n
Total ~1 million sq. ft. of Net Lettable Area comprising:
• 90 retail units
• 40,000 sq. ft. of F&B outlets
• 580,000 sq. ft. office spaces
• A fashion hub
Main tenant: ~470k sq. ft.
253 units of apartments
Contractor:
Expected Completion in Q4 2020
Proposed Reorganisation of Ownership of All the Commercial
Assets toPNB and EPF for an
estimated total consideration of
£1.6bn (RM8.8bn)
R A T I O N A L E : PNB and EPF view this as a strategic opportunity to secure ownership of a unique and iconic real estate asset in a global city,
which will be able to deliver a sustainable income stream into the future
to meet their respective income needs
Actively expanding its real estate and infrastructure assets both domestically and overseas to deliver long-term sustainable income
In line with PNB’s Strategic STRIVE-15 Plan which outlines a long term strategy of portfolio diversification and judicious expansion into global assets
26
#1Build-To-Suit
(BTS) & Lease
Industrial Assets
#2Divest non-
core hospitality
assets
#3Enhance value via
creation of existing assets
Joint venture with Mitsui International to develop a high
technology BTS industrial hub at
Bandar Bukit Raja 2 & 3 (53 acres)
Review partnership to transform Serenia City into a thriving business
and industrial park
I m m e d i a t e F o c u s : T a r g e t s( B Y F Y 2 0 2 2 )
Sizeable recurring income from the
industrial segment
Review profitability of existing portfolio
and divest non-performing assets in Australia, Singapore and
VietnamStable earnings and cash flows
Historical Disposals: FY2015: Subang AvenueFY2016: 2 assets in S’pore & a hotel in MalaccaFY2017: 1 asset in S’poreYTD FY2018: 1 asset in Australia
Optimise value creation of Melawati Mall
Target completion of KL East Gallery by
3Q CY2019 Increase operational focus to
grow the commercial and office segments such as Oasis Damansara and SJCC
Establish a portfolio of high value retail &
commercial assets
Grow Recurring Income to 10% ofPBIT by 2022
27
3 Transformation Focus
3 focus areas for quick wins during FY2018-FY2019
28
▪ Reduce main infrastructure cost▪ Optimise building cost by refining
structural and M&E design
▪ Rationalise and control of staff related costs
▪ Optimise township maintenanceexpenditure
▪ Enhance consultant and contractor selection process
▪ Integrate tender process with authority approval
▪ Enhance project timeline tracking system
▪ Exploring optimal business models
▪ Strengthen market intelligence andconsumer insight platform
▪ Overhaul digital & sales gallery experience
▪ Leverage on strategic partnership
▪ Strategic sourcing of key materials ▪ Tender strategy enhancement▪ Strategic collaboration with business
partners
Transformation initiatives Aspirational Targets
10 - 15% reduction in targeted overhead expenditure (est. cost of RM300m) to be implemented and realised by December 2018
4 - 7% cost reduction for 8 targeted developments (est. spend of RM550m) to be implemented in FY2018 and realised progressively in the next 3-4 years
Shorten development time for new projects from 2H FY2018 onwards:• Landed: from average 39 months
to 30 months• Highrise: from average 63 months
to 45 months
Increase Unbilled Sales to RM2bn in FY2018 and RM 2.5bn in FY2019
5 - 10% cost reduction through value engineering (est. construction cost of RM1.1bn) to be implemented in FY2018 and realised progressively in the next 3-4 years
Increase sales
Improve speed to market
Strategic cost management
Focus Area
Sales & marketing
End-to-end cycle time
Procurement
Design to value
General & Admin.
Transformation for Value Creation
Achievements
To date, 23 initiatives have been implemented across the 3 focus areas
29
Achievements
23 initiatives implemented to improve:• Revenue• Cost• Time
RM69mn cost savings potential to be realized progressively in the next 3-4 years
Key Highlights
15% reduction (RM7mn) in structure costs of a high rise development through value engineering
Average of 13% savings (RM13mn) in Main Infra contracts awarded to date
Optimised staff related costs (RM12mn) Reduced township maintenance costs and closure
of tail end townships (RM3mn)
Enhanced end-to-end development process by overlapping tender process with authority approval (potential time saving of 4-6 months)
Appointed authority liaison to expedite approval (potential time saving of 3-5 months)
Streamlined internal approval process
Overhauled SJCC Lot 15 sales gallery (64% take-up rate within first 2 days of official launch)
Strategic partnerships on end-financing packages Enhanced digital marketing and digitized sales
funnel tracking
Identified 12 key materials for strategic sourcing Strategic earth transfer between townships Introduced incentivized consultant fee scheme Potential cost savings of RM40mn once fully
implemented
Increase sales
Improve speed to market
Strategic cost
management
30
4 Financial Performance
31
38%
62%
Open Market RSKU / Statutory
Launches in YTD FY18Launches in FY17
66%
34%
Open Market RSKU / Statutory
Note: As at 14 Jan’18, units launched excludes land plots
Total Units Launched: 1,708Total GSV Launched: RM1.23bn
Key Rumah Selangorku (RSKU) / Statutory Launch:
Serunai, Bandar Bukit Raja 1 (570 units)
Breakdown of Launches in FY17 & YTD FY18
Total Units Launched: 2,726Total GSV Launched: RM1.25bn
Key Rumah Selangorku (RSKU) / Statutory Launch:
Harmoni 1, Putra Heights (1,700 units)
6,323.2
264.7 Minority Interest
Equity Debt Cash
9,645.4
264.7 Minority
Interest
9,910.1 1,168.9 1,232.5
Equity Debt Cash
Capital Structure Overview
As at 30 June 2017
Pro-forma Capital Structure
Maturity Period of Indebtedness (30 Jun 2017)
RM million
Total = RM 1,168.9 million
230.2
450.1
308.4
180.2
Within 1 year 1-2 years 3-5 years More than 5 years
RM million
32
20% 39% 26% 15%
Actual Capital Structure
6,587.9 1,168.9 1,075.3
Gross D/E Ratio: 18%Net D/E Ratio: 1%
Gross D/E Ratio: 12%
Financial Position as at 30 September 201733
* Includes Cash held under Housing Development Accounts
Long-term Borrowings
79%
Short-term Borrowings
21%
Total Borrowings
RM1,100mnTotal Borrowings
RM7,150mn
RM1,100mn RM1,048mn
Equity Debt Bank balances,deposits and
cash*
Capital Structure
15%Gross
Debt/Equity Ratio
Note: Debt excluded liabilities associated with assets held for sale
1%Net
Debt/Equity Ratio
Dividend Policy
The declaration of interim and final dividends is subject to the discretion of our Board. However, our ability to pay will depend upon a number of factors, including:
the level of our cash, gearing, return on equity and retained earnings;
our expected financial performance;
our projected levels of capital expenditure and other investment plans;
our working capital requirements; and
our existing and future debt obligations.
We propose to pay dividends out of cash generated from our operations after setting aside necessary funding for capital expenditure and working capital requirements.
Sime Darby Property Berhad targets a dividend payout ratio of not less than 20.0% of our consolidated profit attributable to the owners of our Company under
MFRS, beginning 1 July 2017
34
35
5 Market Outlook
Market Trends and Outlook 36
The property sector is supported by stable economic growth, consumersentiment and loan approval rates despite potential rate hikes in the short term.
Stabilising consumer confidence to be supported by therebound in crude oil prices and a strengthening MYR
Malaysia’s GDP growth is expected to remain relativelystable at around 5.0% in line with its 2-year historicalaverage.
Source: Bloomberg and Bank Negara Malaysia
Loan approval rates in Nov’17 is at 42%, above the lowof 37% in Q1 2016 and in-line with the 2-year average of42%, indicating signs of recovery
Overnight Policy Rate is expected to increase by 25bps in2018 from the current rate of 2.95%
Historical Forecasts
0
20
40
60
80
100
Q12015
Q22015
Q32015
Q42015
Q12016
Q22016
Q32016
Q42016
Q12017
Q22017
Q32017
Consumer Sentiment Index
2.92.93.03.03.13.13.23.23.33.3
% Overnight Policy Rate
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0% GDP (Year-on-Year)
0%
20%
40%
60%
0
5,000
10,000
15,000
20,000
25,000
Jan-1
5
Mar-
15
May-1
5
Jul-
15
Sep-1
5
Nov-1
5
Jan-1
6
Mar-
16
May-1
6
Jul-
16
Sep-1
6
Nov-1
6
Jan-1
7
Mar-
17
May-1
7
Jul-
17
Sep-1
7
Nov-1
7
RM’mn Loans Applied & Loans Approved for Residential Property Purchase
Loan Approval Rate (RHS) Loans Approved Loans Applied
Market Trends and Outlook 37
Source: Bloomberg
Transaction volume hasbeen on a gradual
decline but is expectedto recover slightlyin 2018, driven by
higher launches from the
affordable segment
The housing priceindex has beenholding up well in3Q 2017 despite a
marginal year-on-yearslowdown in price growth
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
140
150
160
170
180
190
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017
The Malaysian House Price Index
Index YoY % (RHS)
0
5,000
10,000
15,000
20,000
25,000
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
Q1 2015Q2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017Q2 2017
RM mil'UnitsResidential Transaction by Volume and Value
Volume Value (RHS)
Cautionary Note 38
This presentation does not constitute and is not an offer to sell or the solicitation of an offer to buy securities of any company
referred to in this presentation in the United States or elsewhere. The companies referred to herein have not registered and do not
intend to register any securities under the US Securities Act of 1933, as amended (the “Securities Act”), and any securities may
not be offered or sold in the United States absent registration under the Securities Act or an exemption from registration under the
Securities Act. By attending the presentation you will be deemed to represent, warrant and agree that to the extent that you
purchase any securities in any of the companies referred to in the presentation, you either (i) are a "qualified institutional buyer"
within the meaning of Rule 144A under the Securities Act, or (ii) you will do so in an "offshore transaction" within the meaning of
Regulation S under the Securities Act.
This presentation may contain forward-looking statements by Sime Darby Property Berhad that reflect management’s current
expectations, beliefs, intentions or strategies regarding the future and assumptions in light of currently available information.
These statements are based on various assumptions and made subject to a number of risks, uncertainties and contingencies.
Actual results, performance or achievements may differ materially and significantly from those discussed in the forward-looking
statements. Such statements are not and should not be construed as a representation, warranty or undertaking as to the future
performance or achievements of Sime Darby Property Berhad and Sime Darby Property Berhad assumes no obligation or
responsibility to update any such statements.
No representation or warranty (either express or implied) is given by or on behalf of Sime Darby Property Berhad or its related
corporations (including without limitation, their respective shareholders, directors, officers, employees, agents, partners,
associates and advisers) (collectively, the "Parties") as to the quality, accuracy, reliability or completeness of the information
contained in this presentation (collectively, the "Information"), or that reasonable care has been taken in compiling or preparing
the Information.
None of the Parties shall be liable or responsible for any budget, forecast or forward-looking statements or other projections of any
nature or any opinion which may have been expressed or otherwise contained or referred to in the Information.
Thank You
Investor Relations
Sime Darby Property BerhadCorporate Website: www.simedarbyproperty.com
Investor Relations: https://www.simedarbyproperty.com/investor-relations.html
40
6 Appendices
Slide No. Details
41-43 Ongoing and Upcoming Launches
44-45 1QFY18 Financial Highlights
46-51 Historical FY15-17 Financial Information
52-57 Additional Corporate Information
Township Project Name Type of ProductDate
LaunchedPrice Range
(RM’000)Units
Launched
Total Gross Sales Value
(RM’mn)
UnitsSold as at14 Jan’18
Take-up Rate as at 14 Jan’18
OPEN MARKET
KLANG VALLEY
Elmina WestElmina Valley 3b DSLH Jul-16 794-1,386 151 138.7 122 81%
Elmina Valley 4 DSLH Nov-16 789-1,453 278 242.6 251 90%
Elmina East
Tiana Semi-D Sep-161,880-2,200
80 165.3 70 88%
Viana DSLH Mar-171,160-2,001
67 86.5 51 76%
Serenia City Cipta 13-storey Semi-D
factoryJul-16 From 8,211 15 125.2 10 67%
Bandar Bukit Raja 2 & 3
Persada DSLH Dec-16 649-942 230 161.8 199 87%
Casira 1 DSLH May-17 682-1,012 82 61.4 54 66%
Bandar Bukit Raja 1
BR17A2 Shop office May-171,132-1,380
12 15.1 12 100%
NEGERI SEMBILAN
Bandar Ainsdale Santai DSLH Jul-16 581-846 43 29.6 22 51%
JOHOR
Bandar Universiti Pagoh
Harmoni Vista 2 DSLH Jan-17 363-496 177 68.3 132 75%
TOTAL OPEN MARKET 1,135 1094.5 923
Note: DSLH refers to double-storey link houses; All land tenures are freehold except for the development in Bandar Universiti Pagoh which is leasehold
41
RSKU / STATUTORY
Bandar Bukit Raja 1
Serunai Apartment Jan-17 180 - 250 570 134.2 124 22%
TOTAL OPEN MARKET AND RSKU / STATUTORY 1,705 1,228.7 1,047
Key Ongoing Projects in FY2017 (Jul’16 – Jun’17)
Township Project NameType of Product
Date Launched
Price Range
(RM’000)
Units Launched
Total Gross Sales Value
(RM mn)
UnitsSold as at14 Jan’181
Take-up Rate as at 14 Jan’181
OPEN MARKET
KLANG VALLEY
Bandar Bukit Raja 2 & 3
Casira 2 DSLH Jul’17 739-1,183 111 90.8 79 71%
Azira2 DSLH Jan’18 679-1,058 111 83.6 72 65%
Elmina WestElmina Green 1 DSLH Oct’17 684-1,195 187 143.5 114 61%
Liana DSLH Nov’17 1,212-2,149 72 101.7 22 31%
Bukit Jelutong Tara Semi-D Oct’17 2,009-2,626 14 32.0 10 71%
Putra Heights HT5QSingle StoreyRetail
Oct’17 933-1,326 6 6.7 1 17%
SJCC Lot 15Serviced
ApartmentNov’17 594-1,010 204 156.7 133 65%
Denai Alam Ferrea2 DSLH Nov’17 780–1,454 228 195.7 117 51%
NEGERI SEMBILAN
Chemara Hills Castilla 2 Semi-D Oct’17 1,467-1,726 34 53.4 10 29%
Bandar Ainsdale
Redup DSLH Oct’17 656-973 45 35.2 14 31%
TOTAL OPEN MARKET 1,012 899.3 572
42
RSKU / STATUTORY
Putra Heights Harmoni 1 Apartment Aug’17 170-270 1,700 353.8 689 41%
TOTAL OPEN MARKET AND RSKU / STATUTORY 2,712 1,253.1 1,261
Note: 1. Total units sold for newly launched projects represented by total units booked. Booking involves the payment of deposit; 2. Total units sold updated as of 21 January 2018 for Azira and Ferrea (Phase 2)
Key Ongoing Projects in YTD FY2018 (Jul’17 – Jan’18)
Township Project Name Type of product Total unitsExpected
completionEst. GDV (RM mn)
OPEN MARKET
KLANG VALLEY
KL East Quarza – Tower B Serviced apartment 254 2020 171
Elmina WestElmina Green
1b & 1cDSLH 392 2020 257
Elmina Green 2 DS shop office 11 2020 14
Elmina East G3A DS shop office 14 2019 26
Denai Alam J16 DS shop office 17 2020 21
Serenia City A2 DSLH 302 2020 166
Bukit Jelutong Phase 5 Serviced apartment 108 2019 343
NEGERI SEMBILAN
Nilai Impian Orkid DSLH 132 2020 62
JOHOR
Bandar UniversitiPagoh
Sarjana Promenade Commercial office 35 2020 33
Sarjana Promenade Commercial office 38 2021 36
Harmoni Damai DSLH 112 2020 42
TOTAL OPEN MARKET 1,415 1,171
Note: All land tenures are freehold except for the developments in Bandar Universiti Pagoh; Estimated GDV as at 31 Oct 2017
43
RSKU / STATUTORY
Elmina West Harmoni 1 Apartment 562 2022 131
TOTAL OPEN MARKET AND RSKU / STATUTORY 1,977 1,302
Key Proposed Launches 2H FY2018(Feb ’18 – Jun’18)
Target units to be launched
1,977 unitsTarget units to be launched
1,977 unitsEstimated GDV
RM1,302 millionEstimated GDV
RM1,302 million
Breakdown of External Revenue and PBIT
1QFY2018 vs 1QFY2017
REVENUE
In RM'mn 1QFY2018 1QFY2017 YoY %
Continuing Operations
Property Development 424 398 7
Property Investment 12 17 (29)
Leisure and Hospitality 28 29 (3)
Sub-total 464 444 4
Discontinuing Operation 9 13 (33)
Total Revenue 473 457 3
PBIT
In RM'mn 1QFY2018 1QFY2017 YoY %
Continuing Operations
Property Development 393 40 893
Property Investment (7) 139 (105)
Leisure and Hospitality 34 6 509
Sub-total 420 184 128
Discontinuing Operation 2 - >100
Total PBIT 422 184 129
44
Financial Highlights - First Quarter FY2018
1QFY2018 vs 1QFY2017
45
RM’mn 1Q FY2018
C o n t i n u i n g O p e r a t i o n s
RevenueRM464mn ( 4% YoY)
1QFY17: RM444mn
Segment ResultsRM101mn ( 87% YoY)
1QFY17: RM54mn
Property Development
RM115mn ( 191% YoY)
1QFY17: RM40mn
• Share of profit of RM87mn from Battersea Power Station project (1QFY17: Loss of RM1mn)
• Higher contribution from Elmina West, Elmina East and Serenity Cove, a project in Gold Coast, Australia
Property InvestmentRM-7mn1QFY17: RM8mn
• Share of loss of RM5mn from Sime Darby CapitaLand (Melawati Mall) Sdn Bhd• Melawati Mall was opened in Jul’17 and is
still in its early stage of operation with occupancy of about 60%
Leisure and Hospitality
RM-7mn 1QFY17: RM6mn
• 1QFY17 included the reversal of an impairment of property, plant and equipment of RM10mn
Gross Sales Value Unbilled Sales (As at 30 Sep’17)
Units Sold
1QFY18: 667(vs 1QFY17 : 435 units)
RM1,778mn(As at 30 Jun’17: RM1,766mn)
1QFY18: RM528mn(vs 1QFY17: RM639mn)
Historical Key Financial Metrics
FY2015, FY2016 and FY2017
Notes: • Revenue, PBIT and PATAMI refer to contributions for the financial year from the continuing operations only• Calculation of Return on Invested Capital (ROIC) based on PBIT and balance sheet of both continuing and discontinuing operations
46
2,803,023
2,564,399
2,590,737
3,253,933
3-Year
Average
2017
2016
2015
Revenue
639,270
607,926
749,076
560,809
3-Year
Average
2017
2016
2015
PATAMI
872,307
817,649
978,419
820,852
3-Year
Average
2017
2016
2015
PBIT
10%
7%
12%
10%
3-Year
Average
2017
2016
2015
ROIC
25%
38%
32%
31%
Margin
685
71%
(9)
-1%
(34)
-3%
239
25%
Operating Profit
• FY2016: • Recorded gains on land disposal at Semenyih (RM185mn) & Serenia City (RM126mn) and gains on disposals of 2
property investment assets in Singapore (RM447mn)
• FY2017: • Write down of inventories at ALYA KL and Putra Heights (RM149mn) offset by the gain on land disposal at
Semenyih (RM413mn) and the gain on disposal of SD Enterprise Centre (Alexandra Road), Singapore (RM145mn)
RM million
47
517
45%
19
2%(81), -7%
518
46%
399
68%(31)
-5%
(15)
-4%
146
25%
881 973 499
FY2015 FY2016 FY2017
Operating Profit:
(61) 5 319Share of results of associate/JV:
821 978 818PBIT:
Increase in 2017 revenue due torecognition of sale of completedinventories in ALYA KL amounting toRM112.71mn
2017 gross profit includes write down ofinventories of ALYA of RM130mn
Revenue and Gross Profit of Property Development
Projects Revenue Gross Profit
RM mn 2015 2016 2017 2015 2016 2017
Ara Damansara 334.2 223.0 434.7 64.9 18.1 58.7
Bandar Bukit Raja 833.5 331.3 215.6 287.3 150.8 86.6
Bukit Jelutong 73.8 24.8 22.8 34.1 6.1 1.2
City of Elmina: Elmina East and West
672.3 362.1 353.4 278.9 154.8 84.4
City of Elmina: Denai Alam 175.4 88.1 76.2 74.1 40.1 61.2
KL East 111.3 115.7 135.2 15.4 19.0 (0.9)
Putra Heights 91.1 51.7 133.6 6.4 19.3 9.4
Saujana Impian 18.3 45.7 31.0 3.6 9.1 6.0
Semenyih 0.3 242.3 434.0 0.2 (57.2) (11.5)
Serenia City 1.3 391.2 41.1 (2.1) (2.9) 17.4
Subang Jaya City Centre 36.3 21.8 1.2 (12.2) (1.6) (1.8)
Bandar Ainsdale 132.5 95.3 52.6 11.9 7.6 4.9
Chemara Hills 38.0 32.7 35.4 12.6 1.3 1.0
Nilai Impian 248.7 199.3 176.0 83.7 48.3 52.6
Bandar Universiti Pagoh 37.8 22.9 62.7 12.4 6.0 17.1
Taman Pasir Putih 156.7 62.8 17.8 94.7 29.5 (4.1)
Others 36.2 24.6 168.3 12.7 8.8 (69.5)
Sub-total 2,997.8 2,335.3 2,391.7 978.7 457.2 312.7
Net Operating Expenses (294.2) (311.2) (347.6)
Operating Profit (Excl. disposal gains) 684.5 146.0 (34.9)
Net Gain on Disposals 157.3 371.0 435.0
Operating Profit 841.7 517.0 400.1
Gross Profit Margin (%) 32.6% 19.6% 13.1%
Operating Profit Margin (Excl. disposal gains) (%) 22.8% 6.3% (1.5%)
Operating Profit Margin (Incl. disposal gains) (%) 28.1% 22.2% 16.7%
Higher revenue in 2016 mainly due to disposal of land of RM129mn
Lower revenue in 2016 and 2017 due tocompletion of several phases and someprojects being at the tail end of theconstruction progress
Higher revenue in 2017 due to the sale of 4 blocks of commercial office towers amounting to c.RM343.3mn
1
2
5
7
1
2
Higher revenue in 2017 due to higherconstruction completion and sale ofinventories
2017 gross profit includes write down ofinventories (RM19mn)
Higher revenue in 2016 and 2017 due todisposal of land amounting to RM242mnand RM433.95mn, respectively
Lower revenue in 2016 due to completionof several phases in 2015 and new phaseslaunched towards the end of FY2016
33
3
44
6
5
6
7
48
8• 2015: Gain on disposal of 50% equity
stake in the JV with Sunsuria(RM157mn)
• 2016: Gains on land disposal in SereniaCity (RM129mn) and Semenyih(RM242mn)
• 2017: Gain on land disposal inSemenyih (RM434mn)
8
Revenue and Gross Profit of Property Investment
Property Revenue Gross Profit
RM ‘mm 2015 2016 2017 2015 2016 2017
Wisma Zuellig, Selangor 2.0 - - 1.8 (0.2) (0.2)
Wisma Guthrie, Selangor 1.6 2.7 2.6 0.2 1.4 1.5
Oasis Square, Ara Damansara 14.0 14.0 14.0 4.5 6.3 3.9
Wisma Sime Darby, KL 19.0 19.9 19.8 0.6 1.7 2.6
SD Business Centre, Spore 15.9 18.6 4.6 12.5 15.0 3.6
SD Centre, Spore 19.9 22.1 - 16.1 17.2 -
SD Enterprise Centre, Spore 5.6 5.8 - 4.3 4.2 -
160 Dundee Street, UK 7.9 6.2 5.9 4.9 3.5 3.8
Others 6.2 5.6 7.7 7.5 7.3 7.7
Sub-total 92.1 94.9 54.5 52.3 56.5 22.9
Net Operating Expenses (61.0) (37.3) (53.8)
Operating Profit (Excl.disposal gains) (8.7) 19.1 (31.0)
Net Gains on Disposals 81.9 479.4 144.9
Operating Profit 73.2 498.5 113.8
Gross Profit Margin (%) 56.7% 59.5% 42.0%
Operating Profit Margin (Excl. disposal gains) (%) (9.5%) 20.1% (56.9%)
Operating Profit Margin (Incl. disposal gains) (%) 79.5% 525.3% 208.8%
Nil contribution from Wisma Zuellig in 2016 due to expiry of the tenancy agreement in 2015.
Signed a lease agreement with Reagan in 2017
• Currently under renovation and target to be operational in May 2018
1
1
2
49
2
In 2016, recorded total net gains of RM479.4mn from the disposals of two properties in Singapore (SD Centre (Dunearn) and SD Business Centre (Kilang)
In 2017, the net gains of RM145mn mainly attributable from the disposal of SD Enterprise (Alexandra) in Singapore
Revenue and Gross Profit of Hospitality & Leisure
Property Revenue Gross Profit
RM ‘mm 2015 2016 2017 2015 2016 2017
Saujana Impian Golf & County Club, Selangor
5.7 5.5 6.0 1.1 0.9 1.9
Sime Darby Convention Centre, KL 20.8 26.8 27.3 5.6 9.6 8.8
TPC Kuala Lumpur 49.4 50.2 53.9 36.8 36.4 40.6
Equatorial Hotel, Malacca 43.7 38.4 - 27.5 19.9 -
Genting View Resort, Pahang 4.4 4.4 3.0 1.1 0.2 0.2
Darby Park Serviced Residences, Margaret River, Australia
6.6 6.4 6.6 4.1 3.9 4.0
Darby Park Serviced Residences, Subiaco, Australia
7.2 5.1 - 5.3 3.7 (0.005)
Karri Valley Resort, Australia 9.0 9.3 9.5 3.6 3.7 3.6
Darby Park Executive Suites, Spore 11.0 9.3 9.3 7.7 5.9 6.3
Darby Park Serviced Residences, Vietnam
3.1 2.3 1.9 1.9 1.2 0.9
Others 3.2 2.8 0.6 0.5 0.6 0.3
Sub-total 164.0 160.6 118.2 95.2 86.0 66.6
Net Operating Expenses (128.7) (166.7) (81.5)
Operating Profit (Excl. disposal gains)
(33.5) (80.7) (14.9)
Net Gains on Disposals 0.1 38.3 0.1
Operating Profit (33.4) (42.4) (14.8)
Gross Profit Margin (%) 58.0% 53.6% 56.3%
Operating Profit Margin (Excl. disposal gains) (%) (20.4%) (50.3%) (12.6%)
Operating Profit Margin (Incl. disposal gains) (%) (20.4%) (26.4%) (12.5%)
Lower contribution in 2016 mainly due to the lower occupancy rate
1
1
50
In 2016, the net gains of RM38.3mn was mainly attributable to the disposal of Syarikat Malacca Straits Inn Sdn Bhd in Malacca
2
2
Cash Flows from Operating Activities
(RM million) 2015 2016 2017 As at 30 Sep’17
Cash flow from operating activities 713.9 566.8 527.8 424
Land held for property development (228.5) (224.1) (4.2) (690.4)
Property development cost (610.1) (552.6) (619.7) (87.9)
Others (2.2) 535.7 602.5 (23.7)
Changes in working capital (840.8) (241.0) (21.4) (802)
Cash (used in) / generated from operations
(126.9) 325.8 506.4 (378)
Tax paid (173.2) (140.7) (135.4) 15
Zakat paid (1.0) (1.0) (1.0) -
Dividend received from a joint venture - - 119.2 -
Dividends received from associates 9.0
1.8 131.8 -
Operating cash flows (used in) / generated from continuing operations
(292.0) 185.9 621.1 (363)
51
Inventories
319.5
878.5801.5 778.6
2015 2016 2017 As at Dec'17
Completed Development Unit Inventories
RM million
Inventory Turnover Period
18.4
32.3 31.8
2015 2016 2017
Months
2016 and 2017:
• The higher completed development unit inventories (as compared to RM319.5mn in 2015) were largely due to unsold units from the East Residence development at ALYA KL of RM580mn in 2016 and RM374mn in 2017.
• The management is currently working on the marketing strategy to sell these units.
52
298.5
427.5
1113
Total Excluding East Residence Development
Strong and Dynamic Board of Directors
Tan Sri Abdul Wahid Omar
Non-Independent Non-Executive Chairman
Dato' Sri Amrin Awaluddin
Managing Director
Dato' Rohana Tan Sri Mahmood
Senior Independent Non-Executive Director
Datuk Tong Poh Keow
Executive Director
Dato' Johan Ariffin
Independent Non-Executive Director
Tengku Datuk Seri Ahmad Shah Alhaj ibni AlmarhumSultan Salahuddin Abdul
Azjz Shah Alhaj
Independent Non-Executive Director
Dato' Jaganath Derek Steven Sabapathy
Independent Non-Executive Director
Dato' Seri Ahmad Johan Mohammad
Raslan
Independent Non-Executive Director
Datuk Dr Mohd Daud Bakar
Non-Independent Non-Executive Director
Datin Norazah Mohamed Razali
Independent Non-Executive Director
Board members have held prominent positions and directorships in public listed companies involving the property sector as well as the banking and finance sectors and
in governmental, regulatory and professional bodies
53
Qualified and Experienced Management Team
Dato' Sri Amrin Awaluddin
Managing Director
Datuk Tong Poh Keow
Group Chief Financial Officer
Strong management team with relevant experience and a proven track record in the real estate industry
54
Fairuz Radi
Chief Transformation Officer & Head,
Managing Director’s Office
Dato’ Wan Hashimi Albakri
Chief Operating Officer – Township
Development
Quek Cham Hong
Chief Operating Officer –
Integrated
Choo Suit Mae
Group General Counsel
TBA
Chief Human Resources Officer
TBA
Chief Marketing & Sales Officer
(w.e.f. 1 Mar’18)
Tang Ai Leen
Chief Risk and Compliance
Officer
TBA
Chief Group Corporate
Assurance Officer
(w.e.f. 1 Mar’18)
Melawati Mall, Kuala Lumpur (JV with CapitaLand
Malls Asia) Launched in July 2017 Net lettable area of 617k sq.ft. Committed tenancy of 76% &
occupancy rate of 62% as at 30 Sep’17
KL East Gallery, Kuala Lumpur
Targeted to open in the 4th quarter of 2018
Net lettable area of 384k sq. ft.
Sime Darby Convention
Centre, Malaysia
TPC Kuala Lumpur, Malaysia
• Formerly known as Kuala Lumpur Golf & Country Club
Darby Park Executive Suites,
Singapore
Darby Park Serviced Residences, Vung Tau,
Vietnam
Sime Darby Property Corporate Tower
Block F, Oasis Square• Occupancy rate of 92%
as at 30 Sep’17
Asset Portfolio
Property Investment, Hospitality and Leisure
Property Investment Hospitality & Leisure
RETAIL MALLS
OFFICE SPACES
55
Beyond A Township Developer
~RM6bn~70% commercial
GDV
~85 acres
Oasis Autocity(Office/ Automobile
Exhibition)
Oasis Place(Serviced apartments,
retails space)
Oasis Tower (Office)
Oasis Plantation (Office)
Oasis Mall (Complex commercial)
Oasis Square (Office/ retail space/ serviced apartments)
Oasis Atelier(Retail space/ serviced
apartments)
Oasis Kyla (Serviced apartments)
(Oasis Corporate Park (1)
(Hotel/ office/ retail space/ serviced apartments)
Oasis Rio (Office/ retail space/ serviced apartments)
Oasis Gallery (Property exhibition)
Oasis Central (Office/ retail space/ serviced apartments)
(1) Parts of Oasis Corporate Park have been completed (Medalla, Centum, Meritus, and Augustus).
Transformation of Ara Damansara to a Transit Oriented & Adjacent Development
56
Oasis Plantation(Office)
Oasis Square(Office/retail
space/serviced apartments)
Oasis Gallery(Property exhibition)
LRT Ara Damansara
Station
Freehold
LRT LembahSubangStation
Transforms the look and prospects of Ara Damansara, primarily a residential area by providing a much-needed commercial center
Sustainability Key Performance Indicators57
Sustainability Leadership Index Critical Sustainability Key Performance Indicators (KPIs) will guide Sime Darby Property to be a Sustainability Leader by 2020
Reducing Lost Time InjuryFrequency Rate (LTIFR) & Increasing ‘Concerned Reporting’
Increasing Lean Six Sigma (LSS) Monetary Benefits
Enhancing Global Reporting Initiative (GRI) Sustainability Reporting
Reducing Green House Gas(GHG) Emissions
Reducing Waste Generation
Protecting Water Resources
• Zero fatality• “Best in Class”• LTIFR of 1.0
• Financial savings at 1.5% of• Sime Darby Property’s revenue
KPIs Targets
• Best in class• Benchmark by other in each sector
• 100% achievement of reduction target• Exceed national expectations
• Managing waste for 6 key townships and Operating Units
• Adopt responsible water stewardship
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