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HighlightsSingapore• One Raffles Quay was 100% committed before completion• Co-developing Marina Bay Financial Centre which has a total of 438,000 sm of gross floor area• Unveiled iconic waterfront landmark Reflections at Keppel Bay• Marina Bay Residences achieved record price of $3,450 psf set for penthouse• Sold four prime office buildings to K-REIT Asia• More than 1,200 Keppel homes sold in 2006Overseas• More than 2,500 Keppel homes sold overseas in 2006• Entered new cities with Keppel Homes – Tianjin in China and Kolkata in India• Successfully launched and sold homes in The Botanica, Chengdu, China• Raised stake in China-focused Evergro Properties for growth in China’s second-tier cities• Making preparations to launch township developments – Saigon Sports City in Ho Chi Minh City, Jakarta GardenCity in Jakarta and a township in Wuxi• Listed K-REIT Asia, further unlocking value in Singapore office portfolio• Alpha growing assets under management to more than $4 billion when funds are fully leveraged and invested• Alpha achieved final closing of Alpha Core Plus Real Estate Fund• Alpha secured first Shariah compliant fundKeppel Land is also Asia’s premier home developer withworld-class iconic waterfront residences such as Reflectionsat Keppel Bay and Marina Bay Residences in Singapore.Overseas, Keppel Land has a pipeline of more than 20,000homes in residential townships across China, Indonesia andVietnam to tap on the demand for quality housing in Asia’sgrowth cities driven by strong economic growth, favourabledemographics and urbanisation trends.An established property fund manager, Keppel Landmanages funds through its property fund managementvehicle, Alpha Investment Partners, as well as K-REIT Asia, apan-Asian commercial real estate investment trust, which issponsored by Keppel Land and listed on the SingaporeExchange on 28 April 2006. Together, the total assets undermanagement will be close to $5 billion when the funds arefully leveraged and invested.Moving into the future, Keppel Land has in place variousgrowth platforms in Singapore and the region to growsustainable earnings over the next few years. These includedeveloping luxury lifestyle homes to ride on Singapore’sstrong property market, steady earnings stream fromtownships, expanding overseas residential development,unlocking value in its commercial property portfolio andgrowing fee-based income from fund management.Group at a glanceKeppel Land LimitedReport to Shareholders 200625