Far East Organisation has submitted the highest bid of S$119 million for a commercial and residential site at the junction of Yio Chu Kang Road and Seletar Road. This is nearly 3 times the minimum bid price of S$40.5 million. Far East's bid translates to about $364 per square foot. Centurion RE submitted the second highest bid at S$88.19 million, followed by Frasers Centrepoint's offer of S$80.13...
Far East Organisation
Singapore developers continued to perform well at the annual FIABCI Prix d'Excellence competition this year. Far East Organisation won the top prize in the Residential Category with its Orchard Scotts project. This is the company's fifth FIABCI award to date, making it the only developer in the world to snag five wins in the prestigious competition. Its previous wins were for developments including The...
Developer Far East Organisation said its new private residential project Mi Casa at Choa Chu Kang has seen brisk sales during a preview over the weekend. Far East said 97 of the 123 units released were snapped up even before the development was officially launched. Mi Casa – Spanish for "My Home" – comprises a total of 457 units at an average price of S$625 per square foot. Far East Organisation...
Singapore's main shopping district has officially welcomed its first boutique hotel, Quincy, which marks Far East Organisation's maiden foray into this market segment. The 108-room Quincy hotel at Mount Elizabeth Road has been open for just over a month, but it has already managed 76 per cent occupancy in February, despite falling tourist arrivals. Raphael Saw, director of Hospitality Operations, Far...