Far East Orchard's stock surged 4.13% during intraday trading on Monday, following positive analyst commentary regarding the company's strategic shift.

DBS Group Research analysts highlighted that the real-estate company's pivot towards an asset-light business model appears underappreciated by the market. They estimate Far East Orchard could potentially sell around S$1.1 billion of non-core Singapore assets, which would unlock value and provide funds for the company to reinvest. The analysts also noted that scaling its fee-based operating and fund management platform could enhance earnings. DBS values the company at S$2.00 per share, representing significant upside from current levels.