Far East Organization owns and operates the largest corporate leasing and hospitality portfolio in Singapore, including eight hotels and 11 serviced residences with over 1,200 apartments. And also leverages on its significant asset base, real estate domain knowledge, financial skills and extensive market network to develop real estate financial products and services in Singapore. The budgeted for investments in tourism, hospitality and services industry is SG$100 million. Far East organization not only making the profit, at the same time, it brings Singapore a lot of benefit, such as more tourism, making a huge contribution for Singapore’s GDP growth. Also have more good relationship to other countries, it bring more chance to communication to the whole world.
Our professional team of expertise (assembled from Marketing, Operations, Finance and Human Resources specialists within Far East Organization) has been tasked to study the feasibilities and potentials of the mentioned investments and to recommend three such proposals namely Scotts Tower, Tanglin View and Orchard Central to senior managements evaluation and decision.
2. Background of the report:
Far East Organization is the largest private property developer in Singapore, with a growing reputation for building innovative and functional spaces and providing high quality experiences and value for its customers. Since its establishment in 1960, Far East Organization has been contributing to the transformation of Singapore’s urban landscape with more