Studio M Hotel

  • Property Details
  • Overview
Property Details [  –  ]
Number of Guest Rooms 360
Number of F&B Outlets Two outlets – MEMO and Breeze (Breakfast only)
Other facilities: Recreational facilities incorporating a 25-metre lap pool, a jet pool, an open-air gymnasium and three cabanas
Car park facilities 30 car park lots
Land area 2,932.1 sq m
Gross floor area 8,258.9 sq m
Title 99-year leasehold interest commencing from 26 February 2007
Purchase price at 3 May 2011 S$154.0 million
Valuation (1) as at 31 December 2020 S$166.0 million
Master Lease Details [  –  ]
Master lessee Republic Iconic Hotel Pte. Ltd., a subsidiary of M&C
Term of lease 20 years from 3 May 2011 with:
  1. an option to extend the lease for a first additional term of 20 years commencing immediately after the expiry of the initial term;
  2. an option to extend the lease for a second additional term of 20 years commencing immediately after the expiry of the first additional term; and
  3. an option to extend the lease for a third additional term of 10 years commencing immediately after the expiry of the second additional term.
Minimum rental income For the nine years after the first year of the lease, a fixed rent of S$5.0 million per annum. On the tenth anniversary date (the "Rent Revision Date") of the commencement of the lease, the fixed rent amount will be revised to an amount equivalent to 50% of the average annual aggregate fixed rent and variable rent for the five fiscal years preceding the Rent Revision Date (the "Revised Fixed Rent") . This amount would thereon be the Revised Fixed Rent amount, subject to a minimum fixed rent of S$5.0 million.
FY 2020 Key Financials [  –  ]
Rental income S$4.8 million
Net property income S$4.4 million
Average occupancy rate 58.6%
  • (1)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.

3 Nanson Road, Singapore 238910

  • Guest Room

    360
    Guest Rooms

  • Land Area

    2,932 sqm
    Land Area

Studio M Hotel is a unique and stylised hotel in Singapore that blends modern design with functionality. Designed by Italian style maestro and architect, Piero Lissoni, it is the first fully loft-inspired Singapore hotel that also occupies a prime and vibrant location in the city; within easy reach of both the Central Business District and Orchard Road. The lifestyle hotel offers a great leisure getaway or business stay in the iconic entertainment precinct of Robertson Quay. Studio M Hotel has 360 stylish guest rooms and facilities which include an open-air tropical oasis deck where guests can enjoy specialized Asian cuisine for breakfast, 25-metre lap pool, a jet pool, well equipped open-air gymnasium and a food and beverage outlet – MEMO.

MEMO by Studio M Hotel is a modern bistro and grocery concept for the Robertson Quay neighbourhood. It offers a relaxing ambience and features an extensive menu of light bites to hearty meals.

Notable accolades include:

  • BCA Green Mark Gold (2018 – 2021)
  • Singapore Green Hotel Award (2019 – 2020)
  • PUB Water Efficient Building Basic Award (2010 – 2019)
  • Hotel Security Excellence Award (2018 – 2019)
  • bizSAFE Level 4 Certification (2019 – 2021)

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