A home to call my own
Far East Orchard Limited
Far East Orchard Limited (Far East Orchard) is a member of Far East Organization, Singapore’s largest private property developer. Incorporated as Ming Court Limited in 1967, the Company came under Far East Organization in 1987 and was renamed Orchard Parade Holdings Limited in 1991. In July 2012, the Company adopted its new name of Far East Orchard Limited to better reflect its close alignment with its substantial shareholder and to leverage on the “Far East” brand. Far East Orchard is listed on the Mainboard of the Singapore Exchange since 1968.
An established developer, Far East Orchard delivered a number of successful residential, commercial and hospitality developments. On the residential development front, it is currently developing euHabitat, a first-of-its-kind integrated residential development, and RiverTrees Residences, a joint venture with Frasers Centrepoint Limited and Sekisui House, Limited. For commercial development projects in Singapore, Woods Square and SBF Center are joint developments with Far East Organization. Far East Orchard has also successfully developed quality residences such as The Floridian, The Nexus, Glendale Park, Regent Grove, Seasons View, Kew Green, Kew Residencia and The Manor Houses.
Since 2014, the Company has expanded beyond Singapore into the region with its first joint venture property development project, Harbourfront Balmain, in Sydney, Australia, with Australia’s Toga Group. It is also redeveloping its commercial building in Kuala Lumpur, Malaysia into a hospitality property. In Newcastle upon Tyne, United Kingdom, Far East Orchard acquired four purpose-built student accommodation properties. This includes two investment properties and two development sites that will be completed by 2018.
Redefining itself through a strategic transformation of the business in 2012, Far East Orchard has extended into new complementary business lines in hospitality management and healthcare real estate segments.
Through its joint ventures with The Straits Trading Company and Toga Group in 2013, the Company’s hospitality arm - Far East Hospitality - has grown beyond Singapore and Malaysia, into Australia, Denmark, Germany, Hungary and New Zealand. The Company’s hospitality portfolio now has a global footprint with more than 10 hospitality assets under its ownership. In addition, it manages close to 90 properties with over 13,000 rooms. In Singapore, it operates the city-state’s largest hospitality portfolio comprising 18 hotels and serviced residences. The Company’s stable of nine unique and complementary hospitality brands are Adina Apartment Hotels, Medina Serviced Apartments, The Marque Hotels, Oasia Hotels, The Quincy Hotel, Rendezvous Hotels, Travelodge Hotels, Vibe Hotels and Village Hotels & Residences.
Far East Orchard also owns a portfolio of medical suites in Singapore's premier medical hub of Novena. These purpose-built medical suites in Novena Medical Center and Novena Specialist Center are conceptualised to set the benchmark for a new generation of healthcare buildings with five star quality finishes, advanced technology and modern infrastructure for medical specialists. An upcoming project, the 31-storey SBF Center located in the Central Business District, will offer a broad spectrum of office and medical spaces set in park-like greenery. Far East Orchard intends to be the premier private owner, operator and landlord of healthcare space in Singapore.
Today, Far East Orchard has a diversified portfolio focusing on property development, hospitality real estate development and management, and healthcare real estate.
Far East Orchard Limited, www.fareastorchard.com.sg