Frasers Property's (SGX:TQ5) total unrecognized residential revenue stood at SG$1.0 billion as of June 30, from SG$1.4 billion recorded on Sept. 30, 2025, according to a Wednesday filing to the Singapore stock exchange.

Of the total unrecognized revenue in the period under review, Singapore accounted for SG$400 million, Australia SG$500 million, Thailand SG$30 million, and China SG$100 million.

In Singapore, unrecognized revenue was underpinned by two launched projects, with earnings visibility supported by the sale of 56% of the 380 units at Dunearn House during the July launch weekend, and an additional pipeline from two GLS sites in Singapore.

The real estate company said it is working on its portfolio optimization and development pipeline for the first nine months of fiscal 2026, while maintaining a focus on disciplined investment, capital recycling and recurring income.

The company's industrial and logistics business continued to benefit from steady tenant demand, with Frasers adding about 68,300 square meters of industrial and logistics landbank during the reported nine months. With this, the development pipeline, including projects delivered during the period, increased to about 1.10 million square meters.

Retail operations also recorded positive rental reversion across Singapore, Australia and Thailand, while hospitality performance was cushioned by geographic diversification, which helped to moderate seasonal volatility.

The group said leverage metrics remained stable, with SG$2.0 billion in cash and bank balances and SG$1.0 billion in pre-sold revenue. Meanwhile, net debt to total equity came in at 93.6%.

The company's shares were up over 1% in recent trade.