There is an article in today’s BT, that the new hotel in katong will be runned by a famous hotel chain. In January, a joint venture between Master Contract Services and Keong Hong Construction clinched the 99-year leasehold site at an Urban Redevelopment Authority (URA) tender, for $352.8 million or $1,326.11 per square foot of potential gross floor area (GFA). Located next to the 112 Katong mall, the 88,678 sq ft site can have maximum GFA of about 266,041 sq ft. This includes around 13,132 sq ft in the former Joo Chiat Police Station at 86 East Coast Road, a two-storey building constructed in the 1920s and gazetted for conservation in 1993.
Global hotel chain InterContinental Hotels Group (IHG) is said to have signed a memorandum of understanding to manage the two hotels that will spring up on the former Joo Chiat Police Station site at East Coast Road. One tower will be branded Holiday Inn Express and the other, Hotel Indigo, a boutique hotel concept aligned with the local neighbourhood story.
The site is near the East Coast-Joo Chiat road junction.