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 Three outlets comprising Food Capital, Grissini and Tempo Bar
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
Land area 10,860.2 sq m
(including adjoining Waterfront Plaza)
Gross floor area 63,496 sq m
(including adjoining Waterfront Plaza)
Title 75-year leasehold interest commencing from 19 July 2006
Purchase price at 19 July 2006 S$234.1 million
Valuation (1) as at 31 December 2018 S$357.0 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 2018 Key Financials [  –  ]
Rental income S$18.2 million
Net property income S$16.9 million
Average occupancy rate 87.3%
  • (1)The property was valued by Knight Frank Pte Ltd using a combination of the Capitalisation and Discounted Cash Flow approaches.

392 Havelock Road, Singapore 169663

  • Guest Room

    Guest Rooms

  • Land Area

    10,860 sq m
    Land Area

  • In Valuation

    S$357 million
    In Valuation

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 theatrestyle. With one of the best designed conference venues in the region, offering unparalleled cutting edge meeting facilities, it is a choice venue for many multinational organisations.

The hotel also houses a salon providing hair, beauty and wellness services to satisfy the needs of the leisure guests.

The hotel completed its makeover project in 2016 and unveiled a brand new lobby and an integrated dining destination. This new concept is modern, vibrant and eclectic and the elements of the East and West connect to the modern international travelling community. The lobby area comprises three new F&B outlets including Food Capital, an interactive buffet restaurant, Grissini, an Italian grill restaurant and Tempo, a dynamic bar.

Notable accolades include:

  • Best Convention Hotel, Singapore (2018 – 2019) by International Hotel Awards
  • Best Luxury Hotel, Singapore (2018 – 2019) by International Hotel Awards
  • International Five Star Hotel 2018 – 2019 and 2017 – 2018 by International Hotel Awards
  • Blissful Brides Editor’s Choice Preferred Banquet Venue Winner (2017 – 2018)
  • BCA Green Mark Platinum (2018 – 2020)
  • SHA Excellent Service Award 2017 (14 Star, 3 Gold, 2 Silver)
  • Grand Luxury Hotel of the Year 2017 by Luxury Travel Guide
  • Food Capital (2018) and Grissini (2017 – 2018) in Singapore’s Top Restaurants by Wine & Dine
  • PUB Water Efficient Building Gold Award (2014 – 2018)
  • BCA Green Mark Award Platinum (2016 – 2018)
  • Hotel Security Excellence Award (2004 – 2017)

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