Ascott Singapore Raffles Place pioneers daily rates

18 May 2009

Guests, who book at the Ascott Singapore Raffles Place, are assured of two unique propositions. They will be staying in a heritage development – Asia Insurance Building – that was once Southeast Asia’s tallest edifice in the 1950s, and despite it being a serviced residence product, accepts occupancies on a daily basis.

As the only serviced residence property in Singapore with a hotel license, this Ascott is able to cater to a special demand coming from foreign clients. Gerald Lee, CEO, Ascott Hospitality, said: “Although Ascott’s core business is from guests on extended stay, many of our residents at our overseas properties have requested to stay with us when they are in Singapore for short meetings or holiday.

“At Ascott Singapore Raffles Place, we now have the flexibility to receive travellers, who are in the city for less than a week, and want to have the opportunity to experience our award-winning service in a premium serviced residence property that combines modern comforts with the building’s rich history.”

The project was a conservation and restoration effort that took S$60 million (US$40.7 million) to complete. More than 300 of the old brass window frames were retained; over 1,000 glass panels, insulating against the sun and bustle of the city traffic, were replaced; and 20,000 pieces of the original Travertine marble cladding were hand secured among other preservation works. A brass mail chute by James Cutler, the architect who designed the device in the 1880s, was also reinstated for use.

Each of the 146 units boasts modern paintings by leading Asian artists complementing the stylish interiors that include a finely-equipped Gaggenau kitchen. Business travellers’ needs are met with Wi-Fi connectivity throughout the property, fully-furnished boardrooms and secretarial support.

Leisure facilities include an infinity swimming pool, gym, rooftop Jacuzzi and fine dining restaurant-bar by Chef Julian Bompard among others.

The flagship of Ascott International’s premium brand category, Ascott Singapore Raffles Place, is located in the financial district and steps away from the future Marina Bay Financial Centre and Marina Bay Sands integrated resort.

For more information and rates, visit

Margie T Logarta

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