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Hotel

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URA releases hotel site at Victoria Street/Ophir Road on the Reserve List

The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the hotel site at Victoria Street/Ophir Road today. The land parcel at Victoria Street/Ophir Road is made available for application under the Reserve List of the 2nd half 2012 Government Land Sales (GLS) Programme. The land parcel is located near to the Ophir-Rochor … Continue reading

Far East Orchard studying plans to buy Straits Trading’s hospitality arm

Far East Orchard – a unit of Far East Organization, Singapore’s largest privately held developer by assets – said on Monday it planned to buy Straits Trading Co’s hospitality management business and stakes in the company’s hotel assets, Dow Jones Newswires reported. Far East Orchard said it signed a non-binding memorandum of understanding with Straits … Continue reading

Award of Tender for Hotel Site at Jurong Town Hall Road

The Urban Redevelopment Authority (URA) has awarded the tender for the hotel site at Jurong Town Hall Road to Tamerton Pte. Ltd. The firm submitted the highest bid of S$238.2 million, which translates to S$12,565.28 per square metre of gross floor area. Tender for the hotel site was launched on 19 September 2012 and closed … Continue reading

Hotel site tender at Jurong Town Hall Road attracts 11 bids

The tender for a hotel site at Jurong Town Hall Road has attracted 11 bids. According to the Urban Redevelopment Authority (URA), the top bid was submitted by Tamerton Pte Ltd, a subsidiary of Genting Singapore. The firm had put in a bid of S$238.2 million, which translates to S$12,565.28 per square metre of gross … Continue reading

St. Regis loses Singapore tussle over brand name

A Singapore court has upheld the right of an Australian-owned hotel to use the Park Regis brand in the city state, throwing out a ban sought by the St. Regis chain, court documents showed on Tuesday. St. Regis, a luxury brand under the US-based Starwood group of hotels and resorts, had applied to Singapore’s Registrar … Continue reading

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