Upcoming UOL Residential Launches

• Thomson Reserve (4Q2026)
  • 1,268-unit mega development
  • JV: UOL Group & CapitaLand Development (50:50)
  • Site: Former Thomson View condo, Bright Hill Drive
  • Size: 51,567 sq m leasehold
  • Unit mix: 2–5 bedrooms
  • Location: Next to Upper Thomson MRT, near Ai Tong School
  • Views: MacRitchie Reservoir, Windsor Nature Park, Peirce Reservoirs
  • En bloc purchase: $810M (Oct 2024, completed Oct 2025)
• Dorset Gardens (1H2027)
  • 428 units across two 28-storey towers
  • JV: UOL Group (80%) & Kheng Leong (20%)
  • Site: 10,399 sq m GLS, $524.3M top bid ($1,338 psf ppr)
  • Location: Dorset Road, District 8, next to Farrer Park MRT
  • Nearby schools: St Joseph’s Institution
• Hougang Central Mixed-Use (2H2027)
  • 800+ residential units + 28,000 sq m commercial space
  • JV: UOL (40%), Kheng Leong (10%), CapitaLand Development (50%)
  • Commercial fully owned by CapitaLand Integrated Commercial Trust
  • Site: 46,899 sq m GLS, $1.5B ($1,179 psf ppr)
  • Integrated with Hougang MRT, bus interchange, town plaza

UOL Property Investments

• Marina Square Revamp
  • Redevelopment under SDI Scheme
  • Proposal: Residential tower, serviced apartments, mixed-use tower (hospitality, office, performing arts)
  • Timeline update expected 3Q2026
• The Clifford (Raffles Place, 2028 completion)
  • Redevelopment of Clifford Centre
  • 35-storey Grade A office tower
  • Net lettable area: 405,000+ sq ft
  • Includes retail & lifestyle amenities

UOL Hospitality Sector

• Performance (1H2026)
  • Occupancy: SG 77%, Oceania 74%, Other markets 68%
  • RevPAR: SG $293, Oceania $170, Other markets $122
  • Supported by visitor arrivals, MICE, entertainment events
  • Challenges: Global uncertainties, manpower, rising costs
• NoMad Hilton Singapore (Late 2026)
  • First Asia Pacific NoMad hotel
  • Location: Orchard Road (former Faber House)
  • 19-storey, 173 rooms + retail/commercial
  • Part of UOL’s Orchard placemaking vision

UOL Financial Highlights (1H2026)

• Operating Patmi: $239.8M (+16% y-o-y)
• Group revenue: $1.44B (-7% y-o-y, due to JV structure)
• Share of JV profit: +$83.7M y-o-y
• Pre-tax profit: +$53.8M y-o-y
• Property investment revenue: $316.7M (+4%)
  • Boosted by Singapore Land Tower, West Mall, Varley Park (UK)
  • Offset by disposal of KINEX mall (Oct 2025)

Concise Summary

UOL Group is gearing up for a major pipeline of launches, led by the 1,268-unit Thomson Reserve in 4Q2026, followed by Dorset Gardens (2027) and Hougang Central mixed-use (2027). Alongside, it is planning significant redevelopments at Marina Square and The Clifford. In hospitality, UOL will debut the luxury NoMad Hilton Singapore in late 2026, reinforcing its Orchard Road placemaking strategy. Strong property sales and JV profits lifted operating earnings despite lower group revenue, while hotel occupancy and RevPAR remained resilient across markets.