AWARDS: Far East Organization’s steady pipeline of award-winning projects

It was perhaps no surprise when Far East Organization, Singapore’s biggest privately held property developer, won the Top Developer award at this year’s EdgeProp Singapore Excellence Awards on Oct 3. After all, it has already accumulated a long list of accolades, including 11 FIABCI World Prix d’Excellence Awards through the years.
But there is more — its joint-venture (JV) projects with Frasers Property and Sekisui House were among those that topped the EdgeProp Awards: eCO bagged two awards; while Rivertree Residences by Far East Orchard, Frasers Property and Sekisui House won three.
Far East Organization’s track record has also been impressive in terms of quantity. It is completing and handing over more than 10,000 units from 2015 to 2019. They include units in JV projects and range from residential, office, medical and industrial units to hotel rooms and serviced residences. “Our current focus is on fulfilling our obligations and delivering our promises to customers, business partners and the community,” says Augustine Tan, executive director of property services at Far East Organization.
Tan: We will continue to work hard in raising the bar to create human-centric spaces that meet the aspirations of our customers (Credit: Far East Organization)
The group has embarked on a customer engagement programme that includes customer satisfaction measurements and the development of a service excellence blueprint to guide customer fulfilment across various operating business units, he adds.
In May this year, a Far East Organization-led consortium won the bid for a mixed commercial and residential site of 247,214 sq ft on Holland Road. It paid $1.213 billion, or $1,888 psf per plot ratio (ppr), for the site in a hotly contested tender awarded on a two-envelope scheme based on design and price. Far East Organization’s two JV partners for the project are Sekisui House and Sino Group.
The site is in Holland Village, “a much-loved neighbourhood and a destination with a distinctive character and charm”, says Tan. “Our plan is to enrich the precinct through the creation of a vibrant mixed-use development.”
Far East Organization led a consortium that won the bid for a mixed commercial and residential site on Holland Road for $1.213 billion in May (Credit: Far East Organization)