RB Capital will be undertaking a 450 million USD mixed-use project in Little India, Singapore, including a full-service hotel managed under the upscale Park Hotel brand. The project is to be completed in the first half of 2015.
The upscale new-build hotel will be bringing 300 rooms to Singapore’s Little India District in the beginning of 2015. Little India is a lively district for shopping and entertainment, with fast-growing business and leisure traveler demand. The new hotel will be located above the Farrer Park Mass Rapid Transit station, and therefore an easy commute to the Central Business District.According to Allen Law, Chief Executive of Park Hotel Group, this expansion in Singapore marks an important strategic move for the hotel group. They plan to locate more hotels in key cities in Singapore, and to use these gains to springboard into other Southeast Asian markets, like China, Malaysia, and Indonesia.
