Portfolio Overview
Far East H-REIT’s portfolio of 12 properties comprises 9 hotels and 3 serviced residences, totalling 2,775 hotel rooms and 240 serviced residence units, offering investors an opportunity to invest in one of the largest portfolios of hospitality assets in Singapore by asset value.
The portfolio provides an attractive investment opportunity for investors to benefit from a balanced portfolio of hospitality assets targeting both short-term stays in relation to the hotels and longer-term stays in relation to the serviced residences.
Housed in 8 out of the 12 properties in the portfolio are 177 units of commercial spaces.
Properties
9 | 3 |
Hotels | Serviced Residences |
2,775 | 240 |
Rooms | Units |
Retail & Office NLA (sqm)
11,850 | 4,806 |
Retail | Office |
Valuation
2.51 | |
(S$billion) |
Hotels
Far East H-Trust has 9 hotels in its portfolio. Of which, 8 hotels being Oasia Hotel Downtown, Oasia Hotel Novena, Rendezvous Hotel Singapore, Orchard Rendezvous Hotel , Vibe Hotel Singapore Orchard, Quincy Hotel Singapore, Village Hotel Albert Court and Village Hotel Bugis are primarily located in Singapore’s Core Central Region. Given the hotels' proximity to the Central Business District, Orchard Road shopping district and other key tourist attractions, they are easily accessible to corporate and leisure travellers
Village Hotel Changi, located in the Outside Central Region of Singapore caters to corporates and MICE events held at the Singapore Expo.
Serviced Residences
Far East H-Trust has 3 Serviced Residences in its portfolio. Of which, 2 Serviced Residences being Adina Apartments Singapore Orchard and Village Residence Robertson Quay are located within the Core Central region, offering guests convenience and accessibility to essential services and amenities.
Village Residence Hougang, located in the Outside Central Region of Singapore caters particularly to the aerospace-related businesses in Seletar Aerospace Park and the electronics manufacturing hub in Ang Mo Kio.
Other Investments
Far East H-REIT holds a 30% interest in Fontaine Investment Pte Ltd (a joint venture with Far East Organization Centre Pte. Ltd., a member company of Far East Organization) which has developed three hotels, Village Hotel Sentosa (“VHS”), The Outpost Hotel (“TOH”), The Barracks Hotel (“TBH”), and two retail blocks in Sentosa.
Both VHS and TOH commenced hotel operations from 1 April 2019 while TBH commenced hotel operations from 1 December 2019.