Kassia by Hong Leong Holdings

Arena Esports Hotel, the owner of the “esports game arena themed” hotel that shares the identical brand, secured a site for a brand new hotel on Cuppage Terrace, the row of shops that line Cuppage Road in the Orchard Road region.

Kassia by Hong Leong Holdings and Tripartite Developers, a consortium of real estate giants as the developer behind Kassia Condo.

The property is being lease from the the landlord Royal Holdings, a property investment company that is owned by property magnate Raj Kumar. According to a statement issued from Savills Retail & Lifestyle, who brokered the lease the space leased to Arena Esports Hotel encompasses 11 adjacent shophouses that have a total area of 12,000 square feet. The space was previously leased to a coworking operator.

“I believed it’d be a great idea to come up with a novel and exciting idea like an eSports Hotel inside a historical building. It was just a coincidence that Arena Esports and landlord Royal Holdings agreed with my idea,” says Sulian Tan-Wijaya the executive director of Savills Retail and Lifestyle.

It will become the second Arena Esports Hotel location located in Singapore after the 25,000 square foot flagship property located in Bugis Village that is scheduled to open in the 1st quarter of 2023. As per Savills, Arena Esports Hotel provides “a unique blend of co-working, gaming and co-living amenities in one location”. The brand new hotel on Cuppage Terrace will feature 46 rooms, a battlestation for esports competitions , and an open-air virtual real-time lounge for guests of the hotel.

“Savills was extremely helpful when the negotiation of lease agreements together with Royal Holdings and went the extra mile to secure the required permits from the authorities to ensure the best location in Orchard Road,” says Tracy Sheridan Tan, CEO of Arena Esports Hotel.

Kassia condominium

A shophouse that is a conservation site located in 34 Keong Saik Road is available for sale through an offer to purchase process that has a price guide that is $16 million. The three-storey shophouse is located on land of 1,066 sq feet and covers an estimated total built up area of 2662 square feet. The price guide works out to $6,010 per square foot depending on the area of built-up.

Kassia condominium is well-situated in a peaceful neighbourhood off Kassia, District 17 of Singapore.

Based on Wilkie Tay the associate director of marketing for PropNex which is also the only agent for marketing for the property The shophouse is located on an entrance that is both to Keong Saik Road and Teck Lim Road. The property is zoned for commercial use The entire property has also been granted approval for F&B use.

The shophouse is located within the Kreta Ayer Conservation Area and is located within the Chinatown enclave. It is walking distance from Outram Park MRT Station. Outram Park MRT Station which is an interchange point for three lines: the East-West, North-East, and Thomson-East Coast Lines; as also Chinatown MRT Station. Chinatown MRT Station which is an interchange point for both the Downtown as well as the North-East Lines.

The exercise to express interest to apply for the 34 Keong Saik Road will close on January 6 2023 at 3pm.