JTC Corporation, the 50ha district's master planner and developer, told The Straits Times on April 29 that the new serviced residence or hotel will be part of a business park tower that will be located at the eastern end of the district.
JTC, which oversees Singapore's industrial spaces, is seeking proposals from parties interested in operating the serviced residence or hotel on a 60-year tenure, said a spokeswoman for the agency.
She added that the exercise will be conducted by JTC's appointed agent, real estate services firm JLL.
The hotel's opening date is yet to be confirmed.
JTC was among the organisations that received development approvals for commercial projects between January and March, according to data published by the Urban Redevelopment Authority (URA) on April 26.
The agency had received approvals for the hotel in Punggol Way, which will have a gross floor area of 8,141 sq m and 223 rooms. The tower housing the hotel is set to be completed alongside other buildings in the district later in 2024.
هذه القصة مأخوذة من طبعة April 30, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 30, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
AN IN WAY OF CHINESE CHARGE
S. Korean world No. aims to beat Chen and deny China’s bid for event’s first clean sweep
LES BLEUES GET PARIS GAMES BOOST
They prepare for gold bid with England win; holders’ Euro qualification hopes in danger
‘TOUGH TO TOPPLE BADOSA
Sabalenka displays shotmaking variety in win over best friend to progress to last 16
OLYMPICS TERROR PLOT FOILED
Chechen suspected of planning attack on football match in Saint-Etienne nabbed
Ledecky wants faith in anti-doping restored
Seven-time Olympic gold medallist Katie Ledecky's faith in the anti-doping system ahead of the Paris Olympics is at an \"all-time low\", amid the widely criticised handling of failed drug tests in Chinese swimming.
NERVOUS WICHANEE HAS FUN FOR LEAD
Early birdie spree does the trick but Korda among host of big names to miss 8-over cut
The top jobs at US colleges have few takers
To glimpse the tumultuous transitions in US college leadership these days, look no further than the congressional hearings into anti-Semitism on campuses that have helped topple two university presidents at UCLA and Yale.
When tech giants start to pay dividends
After years of chasing growth at all costs, tech firms are taking a page from the playbook of old-school value businesses - paying a dividend.
Long-term investing view necessary to work at a family office
The objective is to look after and grow the wealth for the next generation and beyond
What matters when splitting assets in a divorce
Couple with $lm income fought tooth and nail over their home, the most valuable asset
