Talk:Far East Organization

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Request Edits August 2021[edit]

I’d like to request an independent editor review the proposed updates to this article found below. I believe the proposals would substantially improve this article about one of Asia’s largest companies. I work for the Far East Organization as a staff member so cannot edit this directly under the conflict of interest rules. I have tried my best to abide by all WIkipedia policies, such as reliable sourcing, neutral point of view and no promotional content.

1. Please delete the following sentence, which is the first sentence article:

Far East Organization is the largest private property developer in Singapore.

And add the following as the new lead paragraph:

Far East Organization is one of the largest private real estate developers in Singapore[1][2] with businesses including property development, retail, hospitality[3], and food and beverage[4] brands in Asia and Australia.[5]

Explanation: Adding reliable secondary sourcing and refining existing sourcing (e.g, adding exact URL for citation #2 from Forbes); removed a primary source (archived company website) with secondary reliable sources; more accurately explaining what the company actually does and where it does it. These different businesses are actually separate public companies; see details below.

 Done. Heartmusic678 (talk) 15:02, 20 December 2021 (UTC)[reply]

2. Please add a source to the currently unsourced second sentence (otherwise unchanged):

It was founded by the late Singaporean billionaire Ng Teng Fong[6]in 1960.[7] It is currently managed by Philip Ng. He and his brother Robert, who runs the Hong-Kong sister company Sino Group, are staunch Christians and refer to Far East Organization as a Christian enterprise.[1]

 Done. Heartmusic678 (talk) 15:02, 20 December 2021 (UTC)[reply]

3. Please delete the current third sentence:

It has two listed subsidiaries, Far East Orchard Limited and Yeo Hiap Seng Limited.

Please insert the following as the new third sentence:

It has three publicly listed subsidiaries, Far East Orchard Limited[8][2],Yeo Hiap Seng Limited[2], and Far East Hospitality Trust.[9]

Explanation: Adding a secondary reliable source to replace a primary source (archived version of company website); updating to reflect the company now has three publicly traded subsidiaries.

 Done. Heartmusic678 (talk)

4. Please delete the current fourth sentence of the lead:

It also has a sister company, Sino Group, one of the largest property developers in Hong Kong.[10][11]

Replace it with:

Hong Kong-based Sino Group is a sister company of Far East Organization, both controlled by the Ng family.[3] Together, the real estate groups operate in Singapore[2], Hong Kong[2], China[12], Malaysia[12], and Australia.[12][2]

Explanation: Adding reliable secondary sources to replace a primary source (old version of company website); adding detail about the size of international operations to provide context of the scope of the companies.

 Done. Heartmusic678 (talk) 15:02, 20 December 2021 (UTC)[reply]

5. Please delete the first two sentences of the second paragraph of the lead: It has developed 750 properties in Singapore, including those in Orchard Road, Singapore's premier shopping and entertainment district.[13][14] It is the only developer in the world to win ten FIABCI Prix d'Excellence Awards, the highest honour in international real estate.[15]

Explanation: Sentences are not properly sourced- both rely on only primary sourcing, not secondary reliable sources per Wikipedia guidelines.

 Done.
All edits up to this point were revised for language and to avoid redundancy. Thanks, Heartmusic678 (talk) 15:02, 20 December 2021 (UTC)[reply]

6. In the History section, please delete the first sentence: In 2005, Far East Hospitality (FEH) was created to manage the company's hospitality assets, under which they launched its Village Hotels & Residences hospitality brand in 2009.[16]

Explanation: Only source cited is to press release, not a reliable source per Wikipedia rules.

 Done. Heartmusic678 (talk) 15:34, 20 December 2021 (UTC)[reply]

7. In the History section, please add the following as the first four paragraphs:

Far East Organization’s first residential project was 72 terrace houses in Jalan Pacheli in Serangoon Gardens which was completed in 1962.[2] After developing a series of residential developments in the 1960s, the company ventured into retail starting with Far East Shopping Centre on Orchard Road in 1974.[2][5] This was followed by the completion of other shopping and office developments in the prime Orchard Road area,including Lucky Plaza (1978), Orchard Plaza (1981), Far East Plaza (1983), Claymore Plaza (1984) among others.[5]

The company acquired a majority stake in the publicly-listed Ming Court Hotel Limited in 1987.[17] It was renamed Orchard Parade Holdings Limited in 1991.[17][12]The acquisition included the Ming Court Hotel, which was renamed The Orchard Parade Hotel.[18] Orchard Parade Holdings was restructured in 2012 to become Far East Orchard.[12] In 2012, Far East Organization listed the Far East Hospitality Trust on the Singapore Exchange.[19]

In 1995, the company acquired a majority stake in Yeo Hiap Seng, a Singaporean beverage company.[4] The company launched the luxury development brand Inessence in 2010[20] and a lifestyle real estate development brand Far East SOHO in 2011.[21]

In 2013, it entered the Australian market through acquisitions and partnerships with The Straits Trading Company and Toga Group.[12][22] It also acquired several retail and commercial developments.[12] In October 2019, the company opened The Fullerton Hotel Sydney which occupies Sydney’s former General Post Office, built in 1874.[23] Two new businesses, Store-Y[24], a self-storage facility and Agape laundry[25], a centralised commercial laundry service, were established in 2017.[26][25]

Explanation: This History section briefly highlights only the major events in the history of this important company, one of the largest in Asia. Everything is reliably sourced only to independent press sources.  Done. Heartmusic678 (talk) 15:34, 20 December 2021 (UTC)[reply]

Thank you for your consideration. Myong001 (talk) 01:07, 4 August 2021 (UTC)[reply]

References

  1. ^ a b "Singapore's 50 Richest 2020, #5 Robert & Philip Ng". Forbes. 3 February 2021. Retrieved 3 February 2021.
  2. ^ a b c d e f g h Chia, Jae (12 November 2020). "How Late Billionaire Ng Teng Fong Became 'King Of Orchard' - Built Over 750 S'pore Properties". Vulcan Post. Retrieved 31 January 2021.
  3. ^ a b Holmes, Sam; Li, Joyce (3 February 2010). "Asia property tycoon Ng Teng Fong dies". The Wall Street Journal. Retrieved 3 February 2021.
  4. ^ a b Chang, Chin Yong (10 August 2017). "Home-grown pride: A look at 8 of Singapore's oldest businesses". The Straits Times. Retrieved 31 January 2021.
  5. ^ a b c Koh, Joel (16 August 2020). "Top 5 Singaporean billionaires in 2020: Here's how they gained their wealth". Asia One. Retrieved 31 January 2021.
  6. ^ "2017 Asia's Richest Families Net Worth: #25 Ng Family". Forbes. 14 November 2017. Retrieved 3 February 2021.
  7. ^ "20 richest families in Asia and their businesses". The Straits Times. 28 August 2019. Retrieved 30 January 2021.
  8. ^ "Far East Orchard Limited (O10.SI)". Yahoo! Finance. Verizon Media. Retrieved 4 February 2021.
  9. ^ Holmes, Sam (14 August 2012). "Far East Hospitality prices Singapore IPO at top". Marketwatch. Retrieved 31 January 2021.
  10. ^ Far East Organization Archived 2009-03-11 at the Wayback Machine
  11. ^ Ng Teng Fong
  12. ^ a b c d e f g "Far East Orchard Limited". SGP Business. SGPBusiness.com. Retrieved 4 February 2021.
  13. ^ Far East Plaza Archived 2009-03-12 at the Wayback Machine
  14. ^ Corporate Overview of Far East Organization Archived 2009-03-11 at the Wayback Machine
  15. ^ Corporate Overview of Far East Organization Archived 2009-05-31 at the Wayback Machine
  16. ^ "Far East Organization Launches Village Hotels & Residences". PRWeb. Retrieved 2021-02-20.
  17. ^ a b "Far East Orchard Limited (O10.SI)". TodayIR.SG. EQS TodayIR. Retrieved 4 February 2021.
  18. ^ Francis, Samantha (21 September 2018). "Inside the Newly Rebranded Orchard Rendezvous Hotel in Singapore". DestinAsia. Retrieved 21 June 2021.
  19. ^ "Far East Hospitality Trust". Yahoo! Finance. Verizon Media. Retrieved 4 February 2021.
  20. ^ Kolesnikov-Jessop, Sonia (28 August 2010). "Singapore Builders Battle for Top Buyers". New York Times. Retrieved 4 February 2021.
  21. ^ "Far East unveils SOHO brand". The Edge Markets. 28 November 2011. Retrieved 21 June 2021.
  22. ^ Tan, Melissa (2 July 2013). "Far East Orchard wants significant presence in Australia's hospitality scene". The Straits Times. Retrieved 21 June 2021.
  23. ^ Ng, Michelle (18 October 2019). "Like its sister hotel in Singapore, The Fullerton Hotel Sydney opens in a former post office". The Straits Times. Retrieved 2 February 2021.
  24. ^ "Singapore Self-Storage Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)". Mordor Intelligence. Mordor Intelligence. Retrieved 4 February 2021.
  25. ^ a b "AGAPE LAUNDRY PTE. LTD". SGP Business. SGPBusiness.com. Retrieved 4 February 2021.
  26. ^ "STORE-Y". sgpgrid.com. 28 December 2020. Retrieved 13 February 2021.

Request Edits 27 Dec 2023[edit]

I work for the Far East Organization as a staff member. FEO is one of the largest developers in Asia. I have created the following “Request Edits” for the review of the Wikipedia community. This proposal mainly concerns expanding the Notable Projects section with comprehensive citations. I have modeled my suggestions on City Developments Limited#Notable projects, as this section is from a Good Article about a similar real estate development company also based in Singapore. I assure that the proposed content is in line with Wikipedia's standards for notability and verifiability, backed by reliable sources. As a staff member of Far East Organization, I am committed to maintaining a neutral point of view and transparency in this suggestion.

I welcome the community's feedback and collaboration in reviewing and refining this proposed addition, and am prepared to provide references and draft content for further discussion. I acknowledge that final content decisions are made by the community based on consensus, and my role is to suggest improvements.

Your attention to this matter is very much appreciated.

1:

What I think should be changed: In the Far East Organization#Notable Projects section, please add Residential Homes subsection before the Shopping Malls subsection.

Why it should be changed: This addition aims to mirror the structured approach seen in the "City Developments Limited#Notable projects" article, a similar Good Article, which effectively uses subsections for better clarity and reference.

2:

What I think should be changed: In the Far East Organization#Notable Projects Residential Homes section, please add the following as the new content:

Why it should be added: This addition would comprise a summarization of significant FEO urban development projects. These projects have received extensive coverage in mainstream Singaporean media and international publications like Forbes. The inclusion of this information would offer a comprehensive view of FEO's impact in the urban development sector, enhancing the article's depth and factual accuracy.

Inessence

Far East Organization developed the Inessence concept to cater to the luxury market.[1] Key projects are:

  1. Alba: A freehold luxury residence located a short stroll from Orchard Road's prime shopping belt. Alba is an architectural masterpiece designed by Bernardo Fort-Brescia of Arquitectonica, known for projects like the W Hotel in Miami and the Microsoft Europe Headquarters in Paris. Its distinctive Y-shaped architecture and high-floor units offer expansive city views.[2][3]
  2. Boulevard Vue: Situated on Cuscaden Walk, off Orchard Boulevard, Boulevard Vue is a 33-storey freehold residential development with only 26 units and two penthouses. Designed by Takashi Sugimoto of Super Potato Japan, it epitomises luxury living in one of Singapore's prime districts.[4][5]
  3. Skyline@Orchard Boulevard: This iconic freehold development features 40 exclusive residences, including a triplex penthouse.[6][7] Located just a four-minute walk from ION Orchard, it offers residents close proximity to top luxury brands and experiences. The design is the work of Pritzker Prize Laureate Fumihiko Maki of Maki & Associates.[3]

Far East SOHO

The SOHO brand is defined by three dimensions: locale, connectivity, and space. Focusing on "trans-urban" locales,[8][9] these are suburban districts transforming into urban centres, enhanced by transportation connectivity and lifestyle amenities.[1][10]Key projects are:

  1. The Scotts Tower: Located at Scotts and Cairnhill Roads, it is the first project under the Far East SOHO brand. Designed by Ben van Berkel of UNStudio in Amsterdam,[11][12] this 31-storey tower comprises apartments and penthouses, along with landscaped gardens and recreational facilities.[13][12] It was awarded the World Gold Winner in the FIABCI Prix d'Excellence Award 2020.[14][15] The development was also among eight projects recognised for design excellence and safety.[16]
  2. The Siena: This condominium in Bukit Timah features high ceilings and unique layouts.[17][18]The 54-unit development has distinctive space planning concepts and was recognized with the SG Mark award at the Singapore Good Design Mark (SG Mark) Awards 2017[19][20]

Mixed-use Developments

One Holland Village is a mixed-use development by Far East Organization, Sekisui House and Sino Group, located in the heart of Holland Village, Singapore. Holland Village was designated a Urban Redevelopment Authority Identity Node in 2013, an honour bestowed upon local identity areas known for their distinctive qualities.[21][22][23] This project represents a significant investment by the Far East-led consortium in enhancing urban living, marked by their acquisition of the site for S$1.2 billion.[24][25][26][27]

This project near the Holland Village MRT Station integrates residential, offices, retail and serviced apartment components[28], offering a holistic urban living experience.[29][30] The development is designed to blend seamlessly with the vibrant cultural fabric[31] of Holland Village, known for its eclectic charm and lively atmosphere. The retail portion is designed as an open-air concept with greenery and public amenities.[32] The 13,500 sqm pet-friendly mall was soft-launched on Dec 8.[33][34]

The Reserve Residences in Bukit Timah, next to the Bukit Timah Nature Reserve is an integrated development with 732 residential units spread over eight blocks as well as 160 serviced apartments.[35][36] The residences sits atop the retail component called Bukit V.[36] The mixed-use development will be integrated with a transport hub[37], with direct access to Beauty World MRT Station via an underground link and a new air-conditioned bus interchange on the second level of the three-storey mall Bukit V.[38][39] The architect firm is WOHA.

It is the first mixed-use development to be built on an integrated transport hub in Bukit Timah.[36] Far East Organization and Sino Group jointly acquired the Jalan Anak Bukit site for S$1.03 billion, marking a major investment in developing this commercial and residential area.[40][41]

Golden Mile Complex was acquired by Far East Organization, Perennial Holdings and Sino Land Group in 2022. It was a landmark deal, marking it the first collective sale of a large-scale strata-titled conserved building in Singapore.[42][43] [44]. The partners aim to transform the property into a mixed-use integrated office, retail and residential development.[45][46] Aurea is the name of the upcoming residential condominium tower.[47]

References

  1. ^ a b Rashiwala, Kalpana (22 August 2022). "Far East Organization on a quest for customer satisfaction". www.businesstimes.com.sg. Retrieved 2023-12-26.{{cite web}}: CS1 maint: url-status (link)
  2. ^ Post, The Jakarta. "Alba at Cairnhill Rise: Investing in a dream home in the heart of Singapore". The Jakarta Post. Retrieved 2023-12-26.
  3. ^ a b Post, The Jakarta. "Inessence Penthouses: When being at the very top matters". The Jakarta Post. Retrieved 2023-12-26.
  4. ^ Han, Huan Mei (1 April 2021). "An appetite for luxury".{{cite web}}: CS1 maint: url-status (link)
  5. ^ Rashiwala, Kalpana (29 February 2016). "Pandora co-founder and son buy 2 units at Boulevard Vue". www.businesstimes.com.sg. Retrieved 2023-12-26.{{cite web}}: CS1 maint: url-status (link)
  6. ^ Mokhtar, Atiqah (17 February 2023). "Skyline @ Orchard Boulevard hits new high of $5,371 psf". EdgeProp.{{cite web}}: CS1 maint: url-status (link)
  7. ^ Post, The Jakarta. "Skyline @ Orchard Boulevard: An oasis of tranquility in the heart of Singapore". The Jakarta Post. Retrieved 2023-12-26.
  8. ^ "Far East unveils SOHO brand". Yahoo News. 2011-11-24. Retrieved 2023-12-26.
  9. ^ Worldfolio, The. "Sankin: High-performance steel supporting key industries". Theworldfolio. Retrieved 2023-12-26.
  10. ^ "Far East unveils SOHO brand". The Edge Malaysia. Retrieved 2023-12-26.
  11. ^ designboom, lynne myers I. (2018-11-27). "UNStudio completes both 'V on shenton' and 'the scotts tower' in singapore". designboom | architecture & design magazine. Retrieved 2023-12-26.
  12. ^ a b "The Scotts Tower". UNStudio. Retrieved 2023-12-26.
  13. ^ "Scotts Tower / UNStudio". ArchDaily. 2018-12-10. Retrieved 2023-12-26.
  14. ^ Tan, Leonard (2019-11-01). "KTP Consultants wins again with The Scotts Tower". SJconnects. Retrieved 2023-12-26.
  15. ^ "Awards". UNStudio. Retrieved 2023-12-26.
  16. ^ Ang, Prisca (2017-05-30). "The Scotts Tower among eight projects recognised for design excellence and safety". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26.
  17. ^ "Far East opens The Siena for preview". AsiaOne. 2013-05-08. Retrieved 2023-12-26.
  18. ^ "Far East previews SOHO project". Yahoo News. 2013-05-07. Retrieved 2023-12-26.
  19. ^ "The Siena -". Singapore Good Design. Retrieved 2023-12-26.{{cite web}}: CS1 maint: url-status (link)
  20. ^ Navaratnarajah, Romesh (17 March 2017). "Far East projects clinch good design awards". PropertyGuru.{{cite web}}: CS1 maint: url-status (link)
  21. ^ "Our Future, Our Home. Draft Master Plan 2013 exhibition at URA". www.ura.gov.sg. Retrieved 2023-12-26.
  22. ^ Loh, Ruth Xiu (10 May 2019). "Holland Village: Old charm, new life". EdgeProp.{{cite web}}: CS1 maint: url-status (link)
  23. ^ Ong, Cheryl (2013-11-20). "URA Draft Master Plan 2013: Holland Village to get 1,500 new homes, new community park and urban plaza". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26.
  24. ^ "Far East bags coveted Holland site for S$1.2b". www.businesstimes.com.sg. Retrieved 2023-12-26.
  25. ^ "Far East Organization-led consortium clinches plum Holland Road site". www.businesstimes.com.sg. Retrieved 2023-12-26.
  26. ^ "Far East-led consortium wins tender for Singapore site with S$1.21B bid". www.spglobal.com. Retrieved 2023-12-26.
  27. ^ "Consortium led by Far East gets Holland Road site for $1.213b, Latest Business News - The New Paper". www.tnp.sg. Retrieved 2023-12-26.
  28. ^ Heng, Melissa (2019-11-27). "Mixed-use development One Holland Village to include homes, retail, offices and community spaces". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26.
  29. ^ "Enhancing Holland Village's bohemian vibe".{{cite web}}: CS1 maint: url-status (link)
  30. ^ "One Holland Village Residences units to go on sale this weekend". www.businesstimes.com.sg. Retrieved 2023-12-26.
  31. ^ Bong, Xin Ying (13 October 2018). "Far East Organization's steady pipeline of award-winning projects". EdgeProp.{{cite web}}: CS1 maint: url-status (link)
  32. ^ "Village Vibes 2.0: What will Holland Village look like in the next three years?". CNA Luxury. Retrieved 2023-12-26.
  33. ^ SimCorrespondent, Arthur (2023-12-22). "New mall in Holland Village lets pets paw-ty". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26.
  34. ^ "One Holland Village: A guide to pet-friendly eateries and new dining concepts". CNA Lifestyle. Retrieved 2023-12-26.
  35. ^ "Integrated Development The Reserve Residences by Far East Organization and Sino Group launches on 27 May 2023". Yahoo Finance. 2023-05-25. Retrieved 2023-12-26.
  36. ^ a b c Correspondent, Chantal SajanSenior (2023-06-23). "Come home to a forest reserve at The Reserve Residences in Bukit Timah". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26.
  37. ^ "Only Mixed-Use Development with Transport Hub Launched in Singapore". Realty Plus Magazine. Retrieved 2023-12-26.
  38. ^ "The Reserve Residences banks on integrated transport hub status; prices from $2,300 psf".
  39. ^ Begum, Shabana (2023-05-28). "More than 70% of units at The Reserve Residences in Bukit Timah sold at launch weekend". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26.
  40. ^ Ramchandani, Nisha (30 August 2021). "S$1.03b bid bags Jalan Anak Bukit site for Far East Organization, Sino Group". www.businesstimes.com.sg.{{cite web}}: CS1 maint: url-status (link)
  41. ^ Burgos, Jonathan. "Singapore Billionaire Brothers Win Mixed-Use Site With $766 Million Bid As Housing Market Heats Up". Forbes. Retrieved 2023-12-26.
  42. ^ Burgos, Jonathan. "Billionaire Ng Family's Far East, Perennial To Buy Singapore CBD Property For $504 Million". Forbes. Retrieved 2023-12-26.
  43. ^ Correspondent, Grace LeongSenior Business (2022-03-30). "Golden Mile Complex gets $700m collective sale offer from Far East Organization, Perennial Holdings". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26. {{cite news}}: |first= has generic name (help)
  44. ^ "Golden Mile Complex sold to Far East, Perennial, Sino Land for S$700m". www.businesstimes.com.sg. Retrieved 2023-12-26.
  45. ^ Burgos, Jonathan. "Billionaire Ng Family's Far East, Perennial To Buy Singapore CBD Property For $504 Million". Forbes. Retrieved 2023-12-26.
  46. ^ Liew, Isabelle (2022-05-06). "Golden Mile Complex sold for $700m, developers to restore building". The Straits Times. ISSN 0585-3923. Retrieved 2023-12-26.
  47. ^ "Private residential market outlook and upcoming launches in 2024".

Edits to Oasia[edit]

Hi @STEMinfo, Thank you for adding on the Oasia subsection. =) However, Far East Organization does not operate nor manage the Oasia brand. This is by Far East Hospitality. FEO developed Oasia Hotel Downtown and Oasia Hotel Novena. You can reference Oasia Hotel Downtown and Oasia Hotel Multihyphenate (talk) 07:45, 15 January 2024 (UTC)[reply]

@Multihyphenate: Sorry. I missed the distinction between the similarly named subsidiaries. I corrected the info based on what was in the source. You can always suggest corrected verbiage if you can source the info properly. STEMinfo (talk) 22:33, 17 January 2024 (UTC)[reply]
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