Grand Copthorne Waterfront Hotel

  • Property Details
  • Overview
Property Details [  –  ]
Number of Guest Rooms 550 rooms and 24 La Residenza serviced suites
Number of F&B Outlets Four outlets comprising Food Capital, Grissini, Tempo Bar and Red House Seafood
Banquet/Conference/Meeting facilities 33 versatile meeting rooms covering 6,039 sq m, including a six-metre high, column-free ballroom of 853 sq m and seating up to 600 guests banquet-style and 1,100 guests theatre-style
Other facilities Hair, beauty and wellness services, Executive Club Lounge and leisure facilities including a 24-hour fitness centre, outdoor swimming pool, jacuzzi and tennis courts
Car park facilities 287 car park lots(1)
Land area 10,860.2 sq m
(including adjoining Waterfront Plaza)(2)
Gross floor area 63,496.0 sq m
(including adjoining Waterfront Plaza)(2)
Title 75-year leasehold interest commencing from 19 July 2006
Purchase price at 19 July 2006 S$234.1 million
Valuation (3) as at 31 December 2020 S$354.0 million
Master Lease Details [  –  ]
Master lessee Republic Hotels & Resorts Limited, a subsidiary of M&C
Term of lease 20 years from 19 July 2006 with an option to renew for another 20 years
Minimum rental income S$7.2 million comprising a fixed rent of S$3.0 million and a service charge of S$4.2 million per annum
FY 2020 Key Financials [  –  ]
Rental income S$8.0 million
Net property income S$6.7 million
Average occupancy rate 85.8%
  • (1)The basement level car park facility was not acquired by H-REIT from CDL. However, the hotel enjoys a right of easement to use the basement level car park facility.
  • (2)H-REIT leases from CDL the second level of Waterfront Plaza which comprises the Waterfront Conference Centre which H-REIT in turn sub-lets to Republic Hotels & Resorts Limited ("RHRL"). Rental income received from RHRL is thereafter paid to CDL as rental expense.
  • (3)The property was valued by Knight Frank Pte. Ltd. using a combination of the Capitalisation and Discounted Cash Flow approaches. With reference to the Property Fund Guidelines Appendix 6, Rule 8.3(e), Knight Frank Pte. Ltd. was appointed for the third consecutive financial year in FY 2020.

392 Havelock Road, Singapore 169663

  • Guest Room

    574
    Guest Rooms

  • Land Area

    10,860 sq m
    Land Area

The 574-room premier deluxe conference hotel is situated on the banks of the historic Singapore River and close to the Central Business District, Clarke Quay, Robertson Quay, Boat Quay, Orchard Road, Marina Bay and the Integrated Resorts. The hotel offers lifestyle comfort and business-enabling conveniences to facilitate travellers' executive accommodation and leisure needs, including La Residenza, comprising 24 serviced suites, which have high ceilings and come in studio, one or two bedroom units.

The adjoining Waterfront Conference Centre has 33 versatile meeting rooms that cover a total area of 6,039 sq m including a six-metre high, column-free ballroom covering 853 sq m and seating up to 600 guests banquet-style and 1,100 guests theatre-style. With one of the best designed conference venues in the region, offering cutting edge meeting facilities, it is a choice venue for many multinational organisations.

The hotel unveiled a brand new lobby and an integrated dining destination in 2016. The lobby area comprises three F&B outlets including Food Capital, an interactive buffet restaurant, Grissini, an Italian restaurant and Tempo, a dynamic bar. The hotel also houses a salon providing hair, beauty and wellness services to satisfy the needs of the leisure guests.

Notable accolades include:

  • Tripadvisor Travellers' Choice Best of the Best Award (2020)
  • International Hotel Awards, Best Convention Hotel, Singapore (2018 – 2020)
  • International Hotel Awards, Best Luxury Hotel, Singapore (2018 – 2020)
  • International Hotel Awards, International Five Star Hotel (2017 – 2020)
  • Blissful Brides Editor's Choice Preferred Banquet Venue Winner (2017 – 2020)
  • Her World Brides Venue Awards (2017 and 2019)
  • BCA Green Mark Platinum (2015 – 2021)
  • SHA Excellent Service Award 2019 (19 Star, 1 Gold)
  • Hotel Security Excellence Award (2004 – 2019)

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