Tag Archives: Changi Business Park

Buy a condo and get free club membership

Posted on 22 Jun 2012 | Comments Off on Buy a condo and get free club membership

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Property developer Far East Organization is offering a new deal to lure more buyers. With the purchase of an apartment at its upcoming Seastrand project (pictured), buyers will get a free country club term membership worth more than S$16,000.

Purchasers of three- or four-bedders, which are the only unit types remaining, are being offered a nine-year term membership at Seletar Country Club, along with a five-year condo maintenance fee absorption.

According to consultants, developers may be using such promotional incentives to clear unsold stock before any supply of new homes enters the market.

Located at the waterfront in Pasir Ris, Seastrand is a new high-rise development that’s within close proximity to Pasir Ris Park and the beach.

For investors, it promises immediate capital appreciation and good investment value. It also benefits from being close to the Changi Business Park and the airport.

Source : PropertyGuru – 2012 Jun 22

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Posted in Developers, Property Market / Real Estate

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Frasers Hospitality launches hotel Capri

Posted on 10 May 2012 | Comments Off on Frasers Hospitality launches hotel Capri

Frasers Hospitality is entering the hotel industry with the launch of a new concept called Capri by Fraser, which will provide short term hotel accommodation with the trappings of a full serviced residence.

To be rolled out across Asia, the S$124 million Capri by Fraser will be launched in Singapore at Changi Business Park in the third quarter of this year.

Adding to its portfolio of serviced residences in 39 cities worldwide, Capri by Fraser will also be launched in Ho Chi Minh in Vietnam later in December and in Kuala Lumpur in 2013.

The new brand aims to capture young professionals who make frequent short regional trips, usually between one to two weeks.

It also offers high-speed and free Wi-Fi access as well as a menu of intelligent services.

Despite the uncertain economic outlook, the hospitality chain believes growth in Asia is still robust.

Choe Peng Sum, CEO, Frasers Hospitality, said: “There is stability in the serviced residence apartment. There is a reason for that. And that’s because many of the people who stay in the serviced apartments are in corporate businesses and their businesses are already in that country. So it’s not likely they are going to pack up and go unless of course, the recession and the financial crisis goes on for an extended basis.”

Source: CNA -9 May 2012

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Posted in General, Service Apartments

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