Far East Orchard Limited (“Far East Orchard”) is a property developer, hospitality assets owner and operator with a diversified property investment portfolio comprising purpose-built student accommodation (“PBSA”) and medical suites. Far East Orchard has been listed on the Mainboard of the Singapore Exchange since 1968. It is a member of Far East Organization, Singapore’s largest private property developer.
Established since 1967, Far East Orchard has developed residential, commercial, hospitality and PBSA properties in Australia, Malaysia, Singapore and the United Kingdom (“UK”).
Redefining itself through a strategic transformation of the business in 2012, Far East Orchard expanded into the complementary businesses of hospitality management and healthcare real estate. In 2015, it diversified its real estate portfolio to include PBSA properties in the UK.
Far East Orchard is currently redeveloping the former Westminster Fire Station located in the prime central borough of the City of Westminster, London, UK, into a mixed-use development comprising residential apartments and a restaurant.
Recent completions include Woods Square, an integrated office development at Woodlands Regional Centre, Singapore’s Northern Gateway, developed with Far East Organization and Sekisui House, Ltd and Hollingbury House, a 195-bed PBSA property in Brighton, UK.
Through its hospitality partnerships with The Straits Trading Company and Toga Group, Far East Orchard’s hospitality arm — Far East Hospitality — now owns more than 10 hospitality assets and manages over 95 properties with more than 15,500 rooms in Australia, Denmark, Germany, Hungary, Malaysia, New Zealand and Singapore. Its stable of nine unique and complementary hospitality brands are Oasia, Quincy, Rendezvous, Village, Far East Collection, Adina Apartment Hotels and Adina Serviced Apartments, Vibe Hotels, Travelodge Hotels and TFE Hotels Collection. Far East Hospitality’s joint venture with Boo Han Holdings Pte Ltd, an entity of Far East Organization, has completed the conditional sale and purchase agreement for the joint purchase of land and hotel in Tokyo, Japan in April 2020.
Far East Orchard has a PBSA portfolio in the UK comprising 3,260 beds in the cities of Brighton, Bristol, Leeds, Liverpool, Newcastle upon Tyne and Sheffield. This includes Hollingbury House in Brighton which was completed in 2019 and the 1,596 beds added in 2019 through the acquisition of five freehold student accommodation properties. The Group also holds a portfolio of purpose-built medical suites for lease and for sale in Singapore's premier medical hub in Novena.