SINGAPORE (Sept 14): Tuan Sing Holdings announced that its subsidiary, Grand Hotel Group has on August 22 received the planning approval from the City of Perth for the asset enhancement initiative in respect of Hyatt Centre and the development of Lot 11, one of the two vacant land plots.

Hyatt Centre is located at the eastern end of Perth’s CBD area. The site spans 2.5 hectare and comprises the 367-room five-star Hyatt Regency Hotel, the adjoining Hyatt Centre consisting of office, retail and car park facilities and the two vacant plots of land facing Terrace Road.

The asset enhancement initiative will offer around 20,000 sqm of retail spaces by 2019.

Source: Tuan Sing Holdings

William Liem, CEO of Tuan Sing Holdings says, “We look forward to executing our plans in early 2018 to bring about many benefits to our hotel guests, office tenants and the surrounding residents. There will also be end of trip facility for cyclists and childcare centre added to the many exciting retail concepts unfolding in 2019.”

The story, written by PC Lee, first appeared in The Edge Singapore.