Frasers Property : Strong demand expected for new release of larger lots

PRESS RELEASE

Strong demand expected for new release of larger lots

Premium water-facing land on offer at Berwick Waters

• Four larger land lots facing the water to be released on 26 June
• 60 lots sold since sales launch
• Stunning water views with easy access to everyday amenity

MELBOURNE, 24 JUNE 2021

Following the strong demand for the most recent premiere release at Berwick Waters, Frasers Property Australia and Mondous Property will release a limited number of new, premium land lots in the masterplanned community in Melbourne's south-east this month.

Interest is expected to be intense and buyers will need to be quick to secure one of only four uniquely positioned land lots facing the water.

The lots are located on Moorside Cresent and are part of a limited release in the Upper Bank precinct, which nestles amongst a tranquil environment with endless network of fitness and walking paths connecting the greenery and recreational spaces. Fronting the wetlands these premium lots range in size from 476sqm to 545sqm with 14m to 16m frontages. They are priced from $552,000 to $587,000.

The previous land releases this year at Berwick Waters were in high demand, with 24 of 31 lots sold on the 1 May launch day. The strong result prompted further land releases, which has seen a total of 60 lots sold.

"Since the sales launch of the new land lots on 1 May we have sold 60 lots and we are receiving an exceptional number of enquiries from interested buyers," says Sarah Bloom, General Manager Development Victoria, Frasers Property Australia.

Ms Bloom says the new land lots in this release offer the best of both worlds: a peaceful and secluded atmosphere surrounded by natural beauty, and close proximity to the future Town Centre, shopping precinct and schools - all the things that make Berwick Waters the pride of the south-east.

"These lots are in an ideal location for families to build their own home with stunning water views. They offer a serene lifestyle, suiting people who want to immerse themselves in nature and take advantage of the community's enviable scenery," she says.

"The sales success of our previous releases underlines the appeal of Berwick Waters as the community continues to take shape. With only four land lots in this premium release, we expect they will sell quickly."

These four exclusive lots will hit the market on 26 June. Interested buyers can call Frasers Property on 13 38 38 or visit www.berwickwaters.com.aufor more information.

Berwick Waters, 50km south-east of Melbourne, will accommodate more than 2,500 homes when finished. Over 1,400 homes have been built with almost 4,000 people already calling Berwick Waters home.

The community will feature over 50 hectares of wetlands and open space, more than 9km of walking and cycling paths, and a wide range of parks and playgrounds scattered with BBQ facilities, providing the perfect setting for memorable family moments.

The new community is surrounded by amenity and social infrastructure. As many as six tennis courts, five AFL sized ovals and cricket pitches, three soccer grounds and four netball courts are planned to be delivered by Council in the local area.

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In addition to a medical clinic at Waterside Centre, Casey Hospital has a 24-hour emergency department and is within 7km.

Plans for the future Berwick Waters Town Centre include a supermarket, specialty stores and a wide range of dining options, bringing convenient shopping right into the heart of the neighbourhood.

Berwick Waters is surrounded by a choice of public and private primary and secondary schools, such as Hillcrest and Rivercrest Christian Colleges, Grayling Primary and St Catherine's Primary. Federation University and Chisholm Institute are also within 6km.

The Berwick Waters sales office is at 2 Viewbank Road, Clyde North, and is open daily from 11am to 5pm. Call 13 38 38 or visit www.berwickwaters.com.aufor more information.

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About Frasers Property Australia

Since 1924, Frasers Property Australia has created stronger, smarter, happier neighbourhoods. We are one of Australia's leading diversified property groups and an Australian division of Frasers Property Limited.

We develop residential land, housing, and apartments and have delivered over 140,000 homes during our legacy; and develop build-to-rent, commercial, retail and mixed-use properties. Our activities also encompass the ownership and management of investment property, incorporating property and asset management services.

We work sustainably to ensure the places we create leave a positive environmental legacy and enhance the way people live life together. Frasers Property in Australia has certified over 3.4 million square metres of Green Star space across our communities, and our commitment to reduce carbon has been approved by the global Science-Based Targets initiative. We are also certified by the Australian Government's Climate Active initiative. Frasers Property Australia owns Real Utilities, a licensed Australian energy retailer that owns and manages energy infrastructure within some of our communities with the mission to be greener, cheaper and simpler.

We value diversity and firmly believe that together, we're better. We employ over 500 people nationally and are recognised as an Employer of Choice for Gender Equality by the Australian Government's Workplace Gender Equality Agency.

To find out more about Frasers Property Australia, visit frasersproperty.com.auor follow us on LinkedIn.

About Frasers Property Limited

Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multi-nationaldeveloper-owner-operator of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$39.2 billion as at 31 March 2021.

Frasers Property's multi-national businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 70 cities and 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGXST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on people, Frasers Property aspires to raise

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sustainability ideals across its value chain, and build a more resilient business. It has committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.comor follow us on LinkedIn.

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