- CEO
- Yew Kuen Tang
- Full Time Employees
- 200
- Sector
- Finance
- Industry
- Real estate development
- Address
- 6 Eu Tong Sen Street Singapore CE Singapore 059817
- IPO Date
- Jan 2, 1979
- Business
- Far East Orchard Limited Far East Orchard Limited is a Singapore-based real estate company with a lodging platform that develops, invests in, owns, and operates hospitality and purpose-built student accommodation (PBSA) properties; its hospitality segment encompasses hotel ownership, management services, and operations under brands including Oasia, Quincy, Rendezvous, Village, and Far East Collection across more than 100 properties with over 16,600 rooms in Australia, Austria, Denmark, Germany, Hungary, Japan, Malaysia, New Zealand, Singapore, and Switzerland; the PBSA segment includes approximately 4,700 beds across 15 properties in key UK cities such as Bristol, Glasgow, Leeds, Liverpool, Newcastle upon Tyne, and Sheffield, bolstered by management of over 40,000 beds through its stake in Homes For Students Limited; additional offerings comprise residential and commercial property development, investment properties like offices at Tanglin Shopping Centre, and purpose-built medical suites for lease and sale at Novena Medical Center and Novena Specialist Center in Singapore's premier medical hub. Far East Orchard Limited , incorporated in 1967 as Ming Court Limited and renamed from Orchard Parade Holdings Limited in July 2012, is headquartered at 1 Tanglin Road, #05-01, Orchard Rendezvous Hotel, Singapore, and operates primarily in Singapore, Australia, New Zealand, the United Kingdom, and other international markets as a subsidiary of Far East Organization Pte. Ltd., Singapore's largest private property developer. Recent developments include the April 2024 acquisition of a 49% stake in UK's Homes For Students Limited for S$30 million to enhance PBSA operating capabilities and recurring income, with options to acquire the remaining 51% by 2025 and 2030; the March 2024 purchase of a Glasgow PBSA site and ongoing Bristol development to expand its UK portfolio ahead of the 2025 target of 5,000 beds under the FEOR 25 strategy; six new hotel openings adding over 750 rooms in 2023 across Asia-Pacific and Europe; and a 7.5% rise in 1HFY25 profit to S$19.6 million driven by PBSA contributions and a joint venture gain, alongside plans for S$3 billion assets under management and 110,000 lodging units by 2030.