Tag Archives: Far East Organization

Hougang oddity still unsold after 11 years

A three-storey corner terrace house on a unique wedge-shaped site in Hougang is up for sale below the valuation price, reported The Straits Times.

Offered on a 99-year lease and completed in 2002, the 6,813 sq ft property has remained unsold for the last 11 years due mainly to its odd shape. Aside from the land parcel, the rooms are also irregularly shaped.

The report added that one section of the house faces Hougang Avenue 2 with a catchment drain flanking the other side. A nearby overhead bridge looks directly into the second floor of the property.

Owned by YHS Hougang, a unit of Far East Organization, the house is part of Henley Gardens, a 36-unit terrace house project at Jalan Arif.

Last weekend, a swarm of property agents were at the site, with many carrying placards showing a price of S$470 psf.

Source – PropGuru – 20 May 2013

 

Far East previews SOHO project

Property developer Far East Organization has launched the preview for The Siena, a new SOHO development comprising 54 apartments that range from one- to three-bedroom units.

The Business Times reported that the majority are two-bedder apartments catering to families. A 538 sq ft unit will likely be priced from S$1.28 million or about S$2,380 psf. The Siena is the fifth project to be developed under the Far East SOHO brand.

In a statement, the developer said that The Siena offers a lifestyle concept integrating living, working, leisure and connectivity. Located at Farrer Road and within the Bukit Timah residential enclave, it is close to lush greenery, schools, upmarket homes and dining options.

The Siena also offers easy access to major expressways, proximity to the Botanic Gardens MRT station and Orchard Road shopping belt.

Source : PropGuru – 7 May 2013