Far East Hospitality Trust - Annual Report 2014 - page 29

Our
PORTFOLIO
Hotels
ORCHARD PARADE HOTEL
1 Tanglin Road, Singapore 247905
Orchard Parade Hotel is located near major shopping malls
along Orchard Road, offering a wide variety of retail and
dining options for business and leisure travellers. The hotel
was awarded the BCA Green Mark Gold certification by the
Building and Construction Authority of Singapore in 2014.
No of guest rooms:
388
GFA/strata area (sqm):
34,072
Gross revenue for FY2014 (S$ million):
24.7
Remaining lease tenure (years):
48
Valuation as at 31 Dec 2014 (S$ million):
423.4
Purchase price (S$ million):
412.5
Master lessee:
Far East Orchard Limited
THE QUINCY HOTEL
22 Mouth Elizabeth, Singapore 228517
The Quincy Hotel is a hip boutique hotel designed for busy
business executives and discerning leisure travellers. It is
located near Singapore’s famous shopping belt, Orchard
Road. The hotel recently won a spot in the AsiaOne People’s
Choice Awards’ Top 3 Boutique Hotels in Singapore as well
as the Travellers’ Choice Award for four years running (2011 –
2014) from Tripadvisor.
No of guest rooms:
108
GFA/strata area (sqm):
4,810
Gross revenue for FY2014 (S$ million):
3.8
Remaining lease tenure (years):
73
Valuation as at 31 Dec 2014 (S$ million):
84.7
Purchase price (S$ million):
82.3
Master lessee:
Golden Development Private Limited
27
Forging Ahead
FAR EAST HOSPITALITY TRUST ANNUAL REPORT 2014
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