Resorts World at Sentosa finalises $4b loan

GENTING International’s Resorts World at Sentosa (RWS) has completed the syndication of a $4 billion credit facility for its integrated resort (IR), at an interest rate of 175 basis points above the Singapore Swap Offer Rate. The tenure of the loan - one of the biggest undertaken in Singapore - extends to 2015.
On Jan 4, [...]

Resorts World completes $4 billion credit syndication

Resorts World at Sentosa (RWS) announced on Thursday that it has completed the syndication of $4 billion credit facilities for its integrated resort development, closing one of the largest loans ever successfully undertaken in Singapore.
The borrowings were made at an interest rate of 175 basis points above Singapore Swap Offer Rate. The tenure of the [...]

Symphony of class and prestige

VINCENT WEE checks out some of the premier residential developments in Singapore’s southern waterfront precinct
THE emergence of the concept of waterfront living is relatively recent in pragmatic Singapore where precious waterside real estate has always been the preserve of the all-important marine industry. But, in many other parts of the world, the waterfront has always [...]

Kajima JV wins $1.05b Sentosa IR contract

Job includes building of three hotels, casino, showroom
GENTING International’s Resorts World at Sentosa (RWS) has awarded a $1.05 billion construction contract to a joint venture between Kajima Overseas Asia and Tiong Seng Contractors.
This takes total contracts awarded so far for the $6 billion integrated resort to more than $2 billion. And it is another big [...]

$1b Sentosa hotels deal goes to S’pore-Japan joint venture

A SINGAPORE-JAPAN joint venture has been awarded a $1.05 billion contract to build three hotels on Sentosa Island, to date the juiciest plum dished out by the integrated resort.
Kajima-Tiong Seng beat several other companies to build the five-star hotels, officials from Resorts World at Sentosa announced yesterday.
The hotels, which are expected to provide over 1,000 [...]

Resorts World at Sentosa awards largest contract of S$1.05b to date

Resorts World at Sentosa has awarded its largest building contract to date, worth S$1.05 billion, to a joint venture between major Japanese contractor Kajima Overseas Asia Pte. Ltd. and local player Tiong Seng Contractors (Pte) Ltd.
This brings the total building contracts awarded so far to over S$2 billion. The S$6 billion integrated resort is slated [...]

Resorts World award $1.05 billion contract to Kajima JV

Resorts World at Sentosa announced on Wednesday it has awarded a $1.05 billion building contract to a joint venture between Kajima Overseas Asia Pte Ltd and Tiong Seng Contractors (Pte) Ltd.
The award — the biggest awarded to-date by Resorts world — marks a milestone for the $6 billion integrated resort slated for completion in early [...]

KSH Holdings clinches S$126.8m deal to build condo at Sentosa Cove

Construction and property developer KSH Holdings has secured a S$126.8 million contract to build a condominium development at Singapore’s Sentosa Cove.
The contract is the first of its kind to be awarded by Lippo Marina Collection for the construction of a luxury housing development at the site.
This will be the group’s fifth high-end luxury [...]

Hard Rock Hotel contract awarded

GENTING International has awarded a $340 million contract to Singapore-listed Low Keng Huat (S) Ltd to build the Hard Rock Hotel at Resorts World at Sentosa (RWS).
The latest construction award brings the tally of construction contracts to over $1 billion.
The Hard Rock Hotel will be the first and only such hotel here. It is also [...]

Construction of Singapore’s first Hard Rock Hotel to start in May

Construction of Singapore’s first Hard Rock Hotel which will be located at the upcoming Resorts World at Sentosa will begin in May.
The 360-room hotel is one of six to be developed and fans and visitors will be grooving to it when the famous chain opens in 2010.
Together, the hotels will provide 1,800 rooms but this [...]