GuocoLand : named Top Developer by two major industry awards

GuocoLand named Top Developer by two major industry awards

Midtown Modern also honoured as Top Development and secured multiple wins across

major design, architecture, landscape categories

SINGAPORE, 25 November 2021 - GuocoLand Limited ("GuocoLand") achieved the exceptional feat of winning top developer honours at two of Singapore's major industry awards - the EdgeProp Singapore Excellence Awards and the Asia Property Awards (Singapore). This is also the second consecutive year that the real estate Group was named Best Developer at the Asia Property Awards (Singapore).

At the 5th EdgeProp Singapore Excellence Awards 2021 ("EPEA 2021") announced on 24 November, GuocoLand took home honours in eight major categories, including Top Developer and seven development awards for Midtown Modern, which is a new record for the most number of wins by any development in a single year.

In addition, Mr Cheng Hsing Yao, Chief Executive Officer of GuocoLand, was conferred the title of Personality Of The Year in recognition of his leadership in driving company growth and bringing to the industry innovative, game-changing concepts to integrated mixed-use developments.

Earlier on 19 November, GuocoLand also received seven awards, including the top honours of Best Developer for a second successive year, at the 11th Asia Property Awards (Singapore) 2021 ("APA 2021").

Mr Cheng said: "We're honoured to be recognised by both these prestigious awards as a real estate group that delivers on innovation and premium developments. With healthy competition, the true winners are the home buyers who will benefit from better design and offerings."

On Midtown Modern's success, Mr Cheng said: "The recognition given to Midtown Modern is a strong affirmation of the project's distinctive qualities in offering a green sanctuary for urban family living in the city and as a part of the transformative Guoco Midtown integrated development. We will strive to better ourselves as we continue to bring our signature innovative and holistic approach to ensure that all our projects achieve best-in-class standards that home buyers desire."

Midtown Modern wins big at EdgeProp Singapore Excellence Awards 2021

Midtown Modern, GuocoLand's latest luxury residential project, scored a resounding success at the EPEA 2021 by winning a total of seven awards. One of the first family-oriented residential developments in the CBD, it was bestowed the coveted Top Development Award for scoring high points in the design, innovation, marketing and landscaping categories.

The project clinched six other awards, including Mixed-UseDevelopment Excellence, recognising the development's high-qualityand forward-lookingapproach to mixed-usedevelopments. It was also honoured with awards in Layout Excellence and Landscape Excellence, a nod to its unique "Gardens in the Woods" landscaping concept. In addition, it was recognised in the Innovation Excellence and Marketing Excellence categories, as well as the People's Choice Award, a category that was voted by

the public.

Midtown Bay wins in new Best WFH Development category at 11th Asia Property Awards 2021

At the APA 2021, GuocoLand bagged a total of seven awards, including Best Developer, and will go on to represent Singapore at the Asia Property Awards Grand Final, to be held in December to honour the best of the best developers in the region.

GuocoLand also attained two special awards in recognition of its Sustainable Design and Construction and ESG practices - an industry acknowledgement of its continuous efforts to champion sustainability across its business practices, operations, and developments.

Midtown Bay was the inaugural winner of the newly-createdBest WFH Development category this year. The 219-unitMidtown Bay, also part of Guoco Midtown, is the first luxury development to offer a 'Business Homes' concept in Singapore to provide small business owners and entrepreneurs with a hybrid residential-and-office environment. The development is designed to allow work-from-home flexibility while supported by a business eco-system of services, amenities, and a community at Guoco Midtown.

Midtown Modern took home awards for Best Luxury Condo Development, Best Luxury Condo Architectural Design and Best Luxury Condo Landscape Architectural Design.

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Designed by four-time President's Design Award winner Yip Yuen Hong of ipli Architects, Midtown Modern showcases a rugged aesthetic where cosy garden homes and lush greenery unfolds within. It is the second condominium of Guoco Midtown, GuocoLand's 3.2 hectare ("ha") integrated mixed-use development located in the prime Bugis-Beach Road district. Midtown Modern comprises two 30- storey towers with 558 units and a retail podium. Bringing to life "Nature in the City", Midtown Modern is the only CBD residential project with full condominium facilities, and more than ten thematic gardens and landscape areas spanning over 1 ha.

International accolades garnered by GuocoLand

GuocoLand's triumphs at the EPEA 2021 and APA 2021 follow their achievements at the 2021 FIABCI World Prix d'Excellence Awards, where Guoco Tower won World Silver Winner in the Office category. GuocoLand also clinched three titles at the Real Estate Asia Awards 2021, namely Developer of the

Year, Mixed Use Development of the Year for Guoco Midtown and Luxury Residential Development of the Year for Martin Modern.

In addition, the Building and Construction Authority (BCA) also accorded GuocoLand the Quality Champion (GoldPLUS) 2021 award, the second year in a row. The BCA Quality Excellence award, launched in 2013, honours developers and builders for their dedication and success in constructing high-quality properties.

Looking ahead, GuocoLand will be developing a mixed-use development of three 25-storey towers with around 600 residential units, including a double-volume sky terrace in each tower at the recently- awarded Lentor Central site. The new development is expected to spearhead the transformation of the Lentor Hills neighbourhood.

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Notes to Editor:

Annexe 1: GuocoLand award wins at EdgeProp Singapore Excellence Awards 2021 and Asia Property Awards 2021 Singapore

Annexe 2: Other GuocoLand award wins 2021

Annexe 3: Bio of Mr Cheng Hsing Yao

Please refer to the relevant Midtown Modern and Midtown Bay images and videos.

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About GuocoLand Limited

GuocoLand Limited ("GuocoLand") is a public company listed on the Singapore Exchange since 1978. The principal business activities of its subsidiaries are property development, property investment, hotel operations and property management.

GuocoLand and its subsidiaries ("the GuocoLand Group") have established property operations in their geographical markets of Singapore, China and Malaysia, comprising residential, hospitality, commercial and retail developments. In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad. As a premier property company, GuocoLand is focused on achieving scalability, sustainability and growth in its core markets through its property development, investment and management businesses.

The parent company of GuocoLand is Guoco Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. Guoco Group Limited is a member of the Hong Leong Group. As of 30 June 2021, the GuocoLand Group has total assets of S$11.3 billion and total equity attributable to equity holders of S$4.0 billion. Visit us at www.guocoland.com.sg.

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ANNEXE 1

5th EDGEPROP SINGAPORE EXCELLENCE AWARDS 2021

Top Developer

• GuocoLand

Midtown Modern

• Top Development
• Mixed-UseDevelopment Excellence
• People's Choice
• Layout Excellence
• Landscape Excellence
• Innovation Excellence
• Marketing Excellence

Personality of the Year

• Cheng Hsing Yao, Chief Executive Officer, GuocoLand

11th ASIA PROPERTY AWARDS (SINGAPORE) 2021

GuocoLand

• Best Developer
• Special Recognition in ESG
• Special Recognition in Sustainable Design and Construction

Midtown Modern

• Best Luxury Condo Development
• Best Luxury Condo Architectural Design
• Best Luxury Condo Landscape Architectural Design

Midtown Bay

• Best WFH Development (inaugural winner)

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