The Ascott Limited has acquired a new property in One-North business park, Singapore’s research and development hub, which is home to more than 400 companies.
The 50-room Citadines Fusionpolis Singapore is close to the One-North MRT, which is a 30-minute ride to the CBD area, while nearby attractions includes the Science Centre, Haw Par Villa theme park, Chinese Garden and popular dining hotspot Holland Village.
Citadines Fusionpolis Singapore offers only one-bedroom units – each featuring chic interiors with high ceilings in the living, dining, kitchen and bedroom areas. Guests also have access to the sky terrace and breakfast lounge, as well as complimentary use of the gym.
“[The property] is strategically located in One-North business park, Singapore’s R&D hub. R&D is a key driver of Singapore’s economic growth as seen by the government’s record budget of S$19 billion (US$13.7 billion) from now till 2020 to fund research, innovation and enterprise activities, an 18 per cent increase over the previous five years,” said Anthony Khoo, Ascott’s head of Singapore cluster.
“With its choice location within the Fusionopolis, and its spacious loft apartments that appeal to expatriates on long stay, we are confident that Citadines Fusionopolis Singapore will further strengthen Ascott’s business in Singapore.”
Looking forward, the next Ascott serviced residence to open in the Lion City will be the 20-storey Ascott Orchard Singapore in 2017. Located close to both Orchard as well as Somerset, the property will provide easy access to the CBD, and is directly linked to the popular Paragon shopping mall.
For more information, visit the-ascott.com