Frasers Property's stock surged 3.70% during Monday's intraday trading session. The significant upward movement follows the release of the company's first-quarter business update.
The developer reported S$1.4 billion in pre-sold residential revenue for its first quarter ended December 31, 2025, across its markets in Singapore, Australia, Thailand, and China. Notably, revenue from China increased to S$500 million, up from S$400 million as of September 30, 2025. This improvement is attributed to the successful launch of the first phase of unit sales at the Fang Song Community high-end residential project in Shanghai.