FAR EAST ORGANIZATION

Far East Organization is the largest private property developer in Singapore. The Organization has an annual turnover of S$3.9 billion[1], total assets valued at S$21 billion, and 4,500 employees in the region and beyond.

 

Since its establishment in 1960 by the late Mr Ng Teng Fong, Far East Organization has been contributing to the transformation of Singapore’s urban landscape with over 760 developments in the residential, hospitality, retail, commercial, healthcare and industrial space segments, including 49,000 or one in six private homes in Singapore. It is also the city-state’s largest private residential landlord and largest hotels and serviced residences operator.

 

Far East Organization includes three listed entities: Far East Orchard Limited, a hospitality and property group, Far East Hospitality Trust which consists of Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust, and Yeo Hiap Seng Limited, a 115-year-old industry pioneer of processed food and beverage products in Southeast Asia.

 

Far East Organization has a network of regional offices with presence in key cities in China, Indonesia, and Australia. The Organization’s listed hospitality and property group, Far East Orchard, has established joint ventures in the hospitality business with The Straits Trading Company and Toga Group, Australia, extending its portfolio globally with over 80 properties and more than 13,000 rooms across eight countries.

 

Far East Organization is the only developer in the world to be bestowed eight FIABCI Prix d’Excellence Awards, underscoring its unique achievements in the international real estate arena.



[1] For Year 2013