Keong Hong to develop its first hotel developments in Singapore under JV company
It will be located in the Joo Chiat precinct.
Keong Hong Holdings is set to launch its first hotel development in Singapore via Katong Holdings, a joint venture company set up by its wholly-owned subsidiary Keong Hong Construction and its joint venture partners, Master Contract Services and Asia Development.
Keong Hong’s first hotel development in the island will be located in the vicinity of the Katong/Joo Chiat heritage precinct, an area lined with traditional shophouses with diverse retail and food and beverage offerings.
The future mixed-use development will have a gross floor area of 25,000 square metres and will comprise a 131-room Hotel Indigo Singapore, a 451-room Holiday Inn Express, food and beverage outlets and retail shops.
Katong Holdings has appointed InterContinental Hotels Group to manage its first hotel property in Singapore. Under the hotel management agreement, IHG will provide the full spectrum of hotel management services, including consultancy on the design and construction of the two new-build hotels.