Soon Su Lin to step down as Frasers Property Singapore CEO; Tan Wee Hsien named successor
She will serve as adviser to Frasers Property Ltd CEO; change of guard comes amid group’s major revamp
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[SINGAPORE] Soon Su Lin will step down as the CEO of Frasers Property Singapore on Oct 1, 2026, after close to a decade at the group. She will move to a group advisory role after stepping down, the property group announced in a bourse filing on Friday (Jul 3).
She will be succeeded by CapitaLand Development’s Tan Wee Hsien, 55, who is scheduled to join the company as CEO designate on Sep 8 this year.
The announcement comes a week after Frasers Property announced a S$2.1 billion restructuring of its Frasers Hospitality Trust portfolio. The hospitality trust was privatised last year.
Following this planned succession, Soon, 66, will serve as an adviser to support Frasers Property Ltd group CEO Panote Sirivadhanabhakdi.
While relinquishing her role as the head of the Singapore business, she will continue to serve as a director on the boards of One Bangkok Co and Frasers Centrepoint Asset Management, which manages the Frasers Centrepoint Trust.
Soon has been with the Frasers Property group for more than nine years and has led the Singapore operations since 2022. Before returning to the city-state, she was the CEO of development at Frasers Property in Thailand.
Prior to joining Frasers in 2017, she was the CEO of Orchard Turn Developments, which developed and operates the Ion Orchard retail mall. She was also previously executive director of international property consultancy firm CBRE.
Incoming CEO Tan will bring three decades of Asia-Pacific real estate experience to the role.
He is currently with CapitaLand Development, where he is the CEO for Vietnam and international.
Based in Singapore, he will report to Panote and oversee the strategic direction, investments, operations and development management of Frasers Property’s retail, commercial, residential and mixed-use portfolio in Singapore.
He holds present directorships on over 50 boards, and previously held the roles of CEO at property developer MCL Land, and director and head of development property in South Asia at Hongkong Land.
Tan graduated from the National University of Singapore with a Bachelor of Science with Honours in estate management.
Shares of Frasers Property ended at S$1.07, S$0.01 or 0.9 per cent higher on Thursday.
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