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annual report 2012
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Property Details
Number of guest rooms: 656
Number of food
& beverage outlets:
Six outlets comprising Orchard Café, Hua Ting Restaurant, Noodles, Intermezzo
Bar, Beer Garden and Poolside Snack Bar
Banquet/Conference/Meeting facilities: A 1,234 sqmpillarless Orchard Grand Ballroom and 343 sqm of pre-function space
with a maximum capacity of 1,500 guests theatre-style, and convertible into three
separate smaller ballrooms
AConference Centre with one boardroomand fvemulti-function rooms equipped
with state-of-the-art facilities
Car park facilities: 454 car park lots
The car park facilities are shared with Orchard Hotel Shopping Arcade
Land area: 8,588.0 sq m (including Orchard Hotel Shopping Arcade)
Gross foor area: 49,940.9 sq m (including Orchard Hotel Shopping Arcade)
Title: 75-year leasehold interest commencing from 19 July 2006
Vendor: City Hotels Pte. Ltd.
Purchase price at 19 July 2006: S$330.1 million
Valuation (1) as at 31 December 2012: S$454.0 million
Master Lease Details
Master lessee: City Hotels Pte. Ltd., a subsidiary of M&C
Term of lease with master lessee: 20 years from 19 July 2006 with an option to renew for another 20 years
Minimum rental income: S$10.3 million comprising a fxed rent of S$5.9 million and a service charge of
S$4.4 million per annum
Key Financials
Rental income from the property for FY 2012: S$27.7 million
Net property income from the property for
FY 2012:
S$25.4 million
(1) The property was valued by Jones Lang LaSalle Property Consultants Pte Ltd using a combination of the Capitalisation and Discounted Cash
Flow approaches.
Orchard Hotel has 656 rooms to suit business and leisure needs, ofering cosmopolitan elegance and comfort in the heart of
Orchard Road, Singapore’s premier shopping and tourist belt. The hotel is located at the junction of Orange Grove Road and
Orchard Road. It is within short walking distance from the Orchard MRT station, which is situated at the junction of Scotts Road,
Paterson Road and Orchard Road.
The hotel comprises an 18-storey block with four basement levels known as Orchard Wing and a 17-storey block with four
basement levels known as Claymore Wing. The 331-room Claymore Wing was refurbished in 2011, ofering guests comfort with
a whole new refreshing look. Facilities and amenities available to the guests include a half-olympic sized pool with sun deck,
seminar and banquet facilities featuring a pillarless ballroom which can house up to 1,500 people (theatre-style seating), ftness
club and business centre. Adjoining the hotel is Orchard Hotel Shopping Arcade which ofers guests a variety of retail services
including spa and grooming services.
Orchard Hotel is also known for its food & beverage oferings from local and international cuisine in its restaurants and cafés to
Cantonese fne-dining in Hua Ting Restaurant, which was listed in the “Regional Best Restaurant Guide” and the “Singapore Best
Restaurant Guide” by Tatler 2013, and voted one of Asia’s fnest restaurants in The Miele Guide 2013. Hua Ting, Orchard Café and
Noodles are listed in the 2013 “Singapore’s Top Restaurants” list by Wine & Dine, and Hua Ting’s Masterchef Lap Fai was also
crowned Asian Cuisine Chef of the Year at the World Gourmet Series Awards of Excellence 2012.