Far East Organization developments recognised at FIABCI World Prix d Excellence and Asia Pacific Property Awards 2017

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MEDIA RELEASE Far East Organization developments recognised at FIABCI World Prix d Excellence and Asia Pacific Property Awards 2017 Waterfront Collection, a joint venture project between Far East Organization and Frasers Centrepoint Limited, awarded World Silver Winner in the Residential (Mid Rise) category in the FIABCI World Prix d Excellence 2017. Oasia Hotel Downtown, SBF Center and The Hillier garnered four accolades at the Asia Pacific Property Awards 2017. Singapore, 29 May 2017 Four developments by Far East Organization were recognised at the prestigious FIABCI World Prix d Excellence and Asia Pacific Property Awards 2017. Both award ceremonies were held on 26 May 2017, with FIABCI World Prix d Excellence 2017 held in conjunction with the 68 th FIABCI World Congress in Andorra La Vella and the Asia Pacific Property Awards 2017 held at The Marriott Marquis Queen s Park in Bangkok, Thailand. The Waterfront Collection, a master-planned residential community located in the eastern part of Singapore, received the World Silver Award in the Residential (Mid Rise) category at the FIABCI World Prix d Excellence 2017. Adjudicated by an international panel comprising top real estate professionals and experts, the FIABCI World Prix d'excellence awards programme recognises international real estate projects that display distinction in various developmental aspects concept, architecture and design, development and construction, community benefit and environmental impact, and financial and marketing. Page 1 of 6

At the Asia Pacific Property Awards 2017, our Central Business District properties, Oasia Hotel Downtown, an integrated hotel-office development, and SBF Center, a commercial property jointly developed by Far East Organization and Far East Orchard Limited, were conferred Regional Nominee and 5-Star Winner in the Best Mixed-Use Architecture and Best Office Development Singapore categories respectively. Oasia Hotel Downtown and The Hillier/hillV2, a mixed used development comprising residential apartments and retail space, also received the Award Winner title in the Best New Hotel Construction and Design and Best Mixed-Use Development Singapore categories respectively. As Regional Nominee in the Best Mixed-Use Architecture and Best Office Development Singapore categories, Oasia Hotel Downtown and SBF Center will move on to compete for the Asia Pacific title at the International Property Awards which will take place at the end of the year in London, United Kingdom. The Asia Pacific Property Awards, part of the globally renowned International Property Awards, celebrate the highest levels of achievement by companies in the property and real estate industry. Evaluated by a judging panel which consists of over 70 highly respected experts, the winning entries were selected based on a stringent set of criteria which includes quality of design, construction and presentation of individual properties and property developments, interiors, architecture and marketing. As the largest private property developer in Singapore, Far East Organization has earned a growing reputation for introducing cutting-edge concepts to inspire and shape the way people live, work and play. The international awards of excellence underscore Far East Organization s commitment to quality and customer satisfaction through the development of innovative and functional spaces that cater to the evolving needs of the market. Page 2 of 6

FIABCI WORLD PRIX D EXCELLENCE AWARDS 2017: Waterfront Collection World Silver Winner, Residential (Mid Rise) Category Waterfront Collection, jointly developed by Far East Organization and Frasers Centrepoint Limited, is a master-planned residential community framing the 88- hectare Bedok Reservoir. Designed to maximise views to the reservoir, the Waterfront Collection comprises Waterfront Waves, Waterfront Key, Waterfront Gold and Waterfront Isle. The Waterfront Collection sits on a former HUDC estate known as Waterfront View which was built in the 1980s. Subsequent to en-bloc acquisition, a master plan was developed to guide the execution as the 7.5- hectare site was carved into four parcels with each developer leading two developments. This approach allows the creation of four distinct developments yet held together as one community. While holistically designed, each development has its unique design concept so that homebuyers enjoy variation in the architecture, landscape and facilities. The master-planned development was also launched in phases to better meet market needs and demand as well as allow subsequent phases to be developed in tandem with up-to-date and relevant lifestyle trends. Today, the Waterfront Collection has transformed an ageing estate, injecting diversity and breathing vibrancy into the suburban precinct. Page 3 of 6

ASIA PACIFIC PROPERTY AWARDS 2017: Oasia Hotel Downtown Regional Nominee and 5-Star Winner, Best Mixed-Use Architecture, Singapore & Award Winner, Best New Hotel Construction and Design, Singapore Strategically located near Tanjong Pagar MRT Station, Oasia Hotel Downtown, an integrated hotel-office development, stands out amongst the sea of concrete and glass buildings in the Central Business District with its distinctive red silhouette cladded in lush vertical greenery. Landscaping is used extensively as an architectural surface treatment and forms a major part of its material palette both internally and externally, achieving an overall Green Plot Ratio of 750%. The greenery is enhanced by alternating 30- metre tall sky gardens and sleek architectural details - part of the passive sustainable designs integrated into the architectural concept to harness natural energy. Oasia Hotel Downtown also incorporates an organic-themed interior design by Spanish interior designer Patricia Urquiola. Focusing on creating the environment for its guests to recharge, refuel and refresh, Oasia Hotel Downtown brings to life new interpretations of vertical environment. ASIA PACIFIC PROPERTY AWARDS 2017: SBF Center Regional Nominee and 5-Star Winner, Best Office Development, Singapore Located in the Central Business District along Robinson Road, the 31-storey SBF Center is a commercial development featuring dedicated, purpose-built medical suites as well as high quality, contemporary office spaces. A Green Mark Platinum building, SBF Center features a collection of sky gardens interspersed throughout the development, a fully sheltered plaza stylishly landscaped into a park-like environment with F&B outlets and alfresco dining areas, as well as recreational facilities including a 20m lap pool and gymnasium. A 22,000 square foot Community/Sports Facilities Scheme space at SBF Center was gifted to the SBF Foundation by Far East Organization in support of the corporate philanthropy and community development initiatives of the Singapore Business Federation, the apex business chamber of Singapore. Page 4 of 6

ASIA PACIFIC PROPERTY AWARDS 2017: The Hillier/hillV2 Award Winner, Best Mixed Use Development, Singapore The Hillier, inspired by New York City s Lower Manhattan, also known as the South of Houston or SoHo, is the one of the developments within the distinctive Far East SOHO collection of properties that exemplify the attributes of strategic locale, excellent connectivity and flexible spaces. Tapping the surrounding heritage and urban vibe of the Hillview neighbourhood, The Hillier s two apartment blocks exude style and an edgy post-industrial sophistication, yet each takes on distinctive personalities and architectural treatments. The Hillier also features floor-to-ceiling heights of 3.4m to give opportunity for homeowners to creatively personalise functional live-work-play spaces according to their lifestyles. Planned to be a self-sustaining community, hillv2, a 53,000 square foot F&B and lifestyle retail enclave, is integrated within The Hillier and serves the daily needs of residents in the neighbourhood. Download link for high-res images: https://we.tl/kv3ipbh2lk End Page 5 of 6

For media queries, please contact: Cogent Communications Pte Ltd for Far East Organization: Gerald Woon Director E: woon@cogentcomms.com T: (65) 6704 9268 M: (65) 9694 8364 Candy Soh Associate E: candysoh@cogentcomms.com T: (65) 6704 9284 M: (65) 9816 8391 About Far East Organization (www.fareast.com.sg) Far East Organization operates as a Christian enterprise which seeks to be a community of love and a workplace of grace doing business guided by the eternal truth of Jesus Christ. Far East Organization is the largest private property developer in Singapore. Since its establishment in 1960 by the late Mr Ng Teng Fong, Far East Organization has been contributing to the transformation of Singapore s urban landscape with over 770 developments in the residential, hospitality, retail, commercial, healthcare and industrial space segments, including 53,000 or one in six private homes in Singapore. It is also the city-state s largest private residential landlord and operates one of the largest hospitality portfolios in Singapore. Far East Organization includes three listed entities: Far East Orchard Limited, a hospitality and property group, Far East Hospitality Trust which consists of Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust and Yeo Hiap Seng Limited, a 117-year-old industry pioneer of processed food and beverage products in Southeast Asia. Continuing its entrepreneurial heritage to seek new avenues for growth, Far East Organization has built a significant presence in the hospitality, residential and commercial sectors in Australia, having invested more than A$2 billion in acquisitions, partnerships and joint ventures since 2013. Through Far East Orchard, it has partnerships in the hospitality business with The Straits Trading Company and Toga Group, Australia, operating a global portfolio of over 90 properties with close to 14,000 rooms across seven countries. Far East Organization is the only developer in the world to be bestowed ten FIABCI World Prix d Excellence Awards, underscoring its unique achievements in the regional and international real estate arena. Page 6 of 6