Properties
Copthorne King's Hotel
403 Havelock Road, Singapore 169632
-
311
Guest Rooms -
5,637 sqm
Land Area
The 311-room hotel is conveniently located 3 minutes away from the newly opened Havelock MRT Station (TE16) on the Thomson-East Coast Line connecting guests to the Orchard Road shopping belt, Central Business District, Chinatown and Marina Bay area. It is also a 5 to 8 minutes short walking distance to Robertson Quay, Clarke Quay and Boat Quay.
Copthorne King's Hotel's elegantly appointed rooms and suites offer all the comforts of modern day amenities, replete with award-winning restaurants, seven fully equipped function rooms that can be configured to various meeting arrangements, complete with the latest audiovisual equipment and wireless broadband connectivity. 142 rooms in the Tower Wing were furnished in 2020 with contemporary Chinoiserie décor and in-room technology, offering guests an enhanced experience. Recreational facilities include a landscaped outdoor pool and jacuzzi, mini putting green, gymnasium, sauna and steam bath.
Its award-winning restaurants include Tien Court Restaurant which serves Teochew and Cantonese delicacies and Princess Terrace Café which is renowned in Singapore for serving authentic Penang cuisine. Connections Lounge offers live music entertainment, an ideal setting for business and social gatherings.
Property Details [ – ]
Number of Guest Rooms | 311 |
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Number of F&B Outlets | Three outlets comprising Tien Court Restaurant, Princess Terrace Café and Connections Lounge |
Banquet/Conference/Meeting facilities | Seven fully equipped function rooms that can be easily configured to various meeting arrangements |
Car park facilities | 77 car park lots |
Land area | 5,636.9 sq m |
Gross floor area | 17,598.3 sq m |
Title | 99-year leasehold interest commencing from 1 February 1968 |
Purchase price at 19 July 2006 | S$86.1 million |
Valuation (1) as at 31 December 2023 | S$146.0 million |
Green Rating/Certification | BCA Green Mark Platinum |
Master Lease Details [ – ]
Master lessee | Republic Hotels & Resorts Limited, a subsidiary of M&C |
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Term of lease | 20 years from 19 July 2006 with an option to renew for another 20 years |
Minimum rental income | S$2.8 million comprising a fixed rent of S$0.6 million and a service charge of S$2.2 million per annum |
FY 2022 Key Financials [ – ]
Rental income | S$9.3 million |
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Net property income | S$8.8 million |
Average occupancy rate | 76.1% |
- (1)The property was valued by Knight Frank Pte Ltd using a combination of the Capitalisation and Discounted Cash Flow approaches.
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