A home to call my own
Far East Orchard Limited
Far East Orchard Limited 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, as part of a corporate restructuring, the Company adopted its new name of Far East Orchard Limited to better reflect its close alignment with its substantial shareholder and to leverage 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. It is currently developing euHabitat, a first-of-its-kind integrated residential development located in the eastern part of Singapore. Another residential development, RiverTrees Residences in Fernvale Close in Singapore, is a joint venture with Frasers Centrepoint Limited and Sekisui House, Ltd. The latest addition in 2014 is a commercial development project at Woodlands Square, Singapore, another joint development 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.
Redefining itself through a strategic transformation of the business in 2012, Far East Orchard has expanded into new complementary business lines in hospitality management and healthcare real estate segments. Through its joint ventures with The Straits Trading Company Limited and Australia’s Toga Group that were completed in 2013, the Company’s hospitality arm, Far East Hospitality, extended its reach beyond Singapore and Malaysia, into Australia, Denmark, Germany, Hungary and New Zealand. The Company’s hospitality portfolio covers over 80 properties with more than 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 Service Apartments, Marque, Oasia, Quincy, Rendezvous Hotels, Travelodge Hotels, Vibe Hotels and Village Hotels and 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. The Company is also co-developing the SBF Center with Far East Organization, which will be a 31-storey commercial building located in the Central Business District that offers 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