Latest news with #OrchardRoad
Yahoo
a day ago
- Business
- Yahoo
Billionaire Ong Beng Seng's HPL looks to cut stakes in Singapore retail strip
By Low De Wei and Faris Mokhtar (Bloomberg) — The property firm of embattled billionaire Ong Beng Seng is looking to reduce its stakes in two marquee assets along Singapore's Orchard Road shopping strip, according to people familiar with the matter. Hotel Properties Ltd is in talks to sell majority stakes in the Forum shopping mall, as well as the voco Orchard hotel, according to the people, who asked not to be identified discussing private matters. The firm is seeking a deal that would value the two adjacent assets for at least S$2 billion (US$1.6 billion), they said. A spokesperson for Singapore-listed Hotel Properties declined to comment. The firm has interests in more than 40 hotels across the globe including the Four Seasons in Singapore, as well as resorts in the Maldives. Ong, 79, has been in the spotlight in the last couple of years after being implicated in a scandal that led to the imprisonment of a senior politician in Singapore. Ong has indicated he plans to plead guilty on 4 Aug after being charged last year for abetting former Transport Minister S Iswaran over two flights and a night's stay at the Four Seasons in Doha. It's unclear whether the case has any relation to the firm's planned asset sales. Hotel Properties won provisional permission from authorities in August 2023 to redevelop the two sites, along with its company headquarters, HPL House. That was part of a government plan to rejuvenate the luxury Orchard Road shopping district by allowing developers to seek more space or change of use for older buildings. The company intends to keep its ownership of HPL House under the potential sale, the people said. It said earlier this year in its annual report that redevelopment plans are 'being refined for submission to the relevant authorities.' In April, Ong relinquished his decades-long tenure as managing director of Hotel Properties. Two long-time executives replaced him, after he cited a desire to devote more time to his medical issues. But he continues to provide 'strategic oversight and direction' to the firm. Together with his wife Christina, the Malaysian tycoon controls Hotel Properties with a roughly 60 per cent stake. The next largest shareholder is Hong Kong billionaire Peter Woo. The Forum mall is valued at about S$990 million, Group Executive Director Christopher Lim said at the company's annual meeting in April. That estimate doesn't account for the redevelopment. He declined to comment on the value of the voco, formerly the Hilton Singapore, saying the company didn't have a valuation for it. Hotel Properties is set to gain full ownership in August of the Concorde, an S$821 million shopping mall and hotel complex on Orchard Road, after buying out minority stakes it didn't own. The company's stock has soared 46 per cent this year, almost four times the gain in Singapore's Straits Times Index. More stories like this are available on ©2025 Bloomberg L.P.
Bloomberg
2 days ago
- Business
- Bloomberg
Billionaire Ong's HPL Looks to Cut Stakes in Singapore Retail Strip
By and Faris Mokhtar Save The property firm of embattled billionaire Ong Beng Seng is looking to reduce its stakes in two marquee assets along Singapore's Orchard Road shopping strip, according to people familiar with the matter. Hotel Properties Ltd. is in talks to sell majority stakes in the Forum shopping mall, as well as the voco Orchard hotel, according to the people, who asked not to be identified discussing private matters. The firm is seeking a deal that would value the two adjacent assets for at least S$2 billion ($1.6 billion), they said.
Independent Singapore
2 days ago
- General
- Independent Singapore
'Is it just me, or is Singapore a lonely place to live?'
SINGAPORE: Singapore is well-organised, secure, and hyper-connected. High-rise buildings glitter, public transport buzzes with accuracy, and cafes buzz with elegant customers scrolling through glowing cellphone screens, but underneath this lustrous exterior, a noiseless, more imperceptible current exists in the lives of many — a profound and increasing sense of isolation and loneliness. It began with a Reddit post, open and truthful, simply titled: 'Lonely in Singapore, who else feels the same?' The poster depicted an image many are familiar with but hardly talk about — the pain of feeling invisible in a city bursting with people. 'Alone in a crowded city, surrounded yet unseen… Loneliness has slipped into households filled with people, hidden behind busy schedules, polite small talk, and tired eyes. Even the married, even parents with children, speak of the silence, the emptiness.' This is not just about eating out alone or walking unaccompanied through Orchard Road. It's about emotional remoteness, regardless of status, age, or upbringing. Loneliness turns out to be a silent but rampant 'illness' even in homes full of babble, in rooms where individuals sit shoulder to shoulder. The post resonated with many people, who voiced similar opinions. One commenter admitted, 'Modern society is constantly rushing… everyone glued to their phones. We crave connection, but real intimacy takes vulnerability, time, and effort—and people today don't always have the energy for that.' Singaporeans, according to the commenters, frequently appear candid, but are, in reality, guarded. Relationships and attachments are shaped early and inclined to stay taped up. Friendships built while in school, the army, or long-held workplaces seldom make room for strangers. Even in public spaces such as cafes, gyms, and churches, connections tend to be operating on a 'surface level.' A grin here, a like or heart on Instagram there, but very few deep conversations. Another commenter grieved how hard it is for one to feel that you truly belong, even after trying so hard: 'We join meetups, try apps, attend hobby classes. Still go home feeling unseen.' Many responses led to an uncomfortable truth — meaningful connection demands emotional risk, something that many don't want to dive into. One netizen who founded several communities in Singapore perceived a pattern—people usually sign up but stay inactive or unreceptive, expecting a connection without input or involvement. See also Singaporean asks if there's a loneliness epidemic going on 'The ones who benefit most are those who show up and give, not just take. They participate, share, and make space for others. That's how bonds are built—through presence and patience.' Others were more open and critical, saying what they saw as shallowness in social dynamics. 'Singapore is a very superficial place to me… people are always rushing or trying to outdo others. Even some community groups only 'welcome' you to boost their numbers or make their leaders feel powerful.' Still, most believed that the solution is not simple. Finding meaningful connections or real friendships as an adult is difficult anywhere in the world, but particularly in cities reinforced by speed, efficiency, and sophisticated appearances like Singapore. That's why that Reddit post hit a chord because in that thread, strangers connected, not through elegant bios or curated pictures, but via shared 'frailty.' And one candid question unified them: 'Do you feel lonely too?' In a city where displaying vulnerability is frequently dodged, perhaps the path forward starts with honesty. With tiny acts of courage—an authentic question, a candid response, an offer to connect past the superficial. Loneliness may be hushed, but it doesn't have to be experienced all on your own.
Times of Oman
3 days ago
- Business
- Times of Oman
A green gateway in the heart of the Lion City
There are hotels you stay in, and then there are those that stay with you. voco Orchard Singapore, part of IHG Hotels & Resorts' premium collection, is firmly the latter. Tucked along the storied boulevard of Orchard Road — Singapore's glittering epicentre of commerce, fashion, and culture — this stylish hotel offers far more than just location. It's a refined experience that fuses sustainability, smart design, culinary flair, and cultural inclusivity into a memorable stay for travellers from around the world — particularly guests from the Middle East. I recently had the pleasure of spending a couple of days at this vibrant property, and what stood out was how effortlessly it balanced comfort with consciousness. In a city known for its forward-thinking spirit, voco Orchard Singapore manages to feel both intimate and innovative in Lion City's most iconic shopping and lifestyle belt. A warm welcome with a green soul Singapore is a city of contrasts — lush greenery and towering skyscrapers, heritage shop houses and gleaming malls. voco Orchard Singapore fits right in. From the moment I stepped into the lobby, greeted by the scent of citrus grapefruit and pink peppercorn — a tribute to the area's historic orchards — I sensed this wasn't your typical business hotel. voco Orchard Singapore is designed with intention: filtered water taps in every room replace plastic bottles; stylish non-smoking signage are crafted from reused chopsticks; bedding is plush yet sustainable. These aren't gimmicks. They're thoughtful, purpose-driven decisions that create a lighter footprint without sacrificing comfort. 'Sustainability is not a marketing slogan for us — it's our DNA,' explains Vikram Mujumdar, General Manager of voco Orchard Singapore 'We want our guests to experience a sense of responsibility woven into a unique experience they've come for.' That intention comes through in subtle ways: biodegradable straws at the bar, bulk-size amenities from Apotheke in the bathrooms, and the conscious selection of MSC graded seafood that is served in their restaurants. Every detail, no matter how small, contributes to a larger purpose. Designed for business, perfect for leisure While the hotel has a clear green conscience, it doesn't forget the needs of modern travellers —especially those from the Middle East looking for both comfort and cultural connection. voco Orchard Singapore's 423 rooms and suites offer sleek, spacious accommodation with intuitive design. The hotel is a five-minute walk from Orchard MRT station, making it an ideal base for both business and leisure guests. Singapore's financial district is easily accessible, as are major event venues and embassies. For corporate travellers, there's over 1,914 square metres of meeting and event space equipped with the latest technology. But what I appreciated most was the ease with which the hotel blends work and play. After long days of sightseeing, I could unwind at the rooftop pool or take a leisurely stroll to the nearby UNESCO-listed Singapore Botanic Gardens. A culinary playground above the city Dining at voco Orchard Singapore is not just about meals — it's an experience of flavours, culture, and creativity. The hotel's dining venues are exceptional in both quality and diversity, each offering a distinct identity. The newly refreshed Opus Bar & Grill is a highlight. Known as one of Singapore's top steakhouses, it has recently unveiled an inspired dinner menu curated by Executive Chef Dean Bush and Chef de Cuisine Edwin Tan — both alumni of Singapore's most respected kitchens. Their ingredient-first philosophy is evident in every dish: from crab cakes enriched with caramelised miso aioli to the fork-tender octopus with mojo verde and golden baby potatoes. The main attraction, though, is the grill. With prime cuts like Stockyard Angus 200-day grain-fed ribeye and Sanchoku Wagyu ribeye, every bite is smoky, juicy perfection. For sharing, the Longhorn Bone-in Dry-aged Beef is a showstopper — robust in flavour and grilled to excellence. Yet the menu doesn't forget vegetarian diners either, offering delights like smoked napa cabbage with burnt onion purée and Josper-grilled aubergine with herb pesto. This kind of inclusive attention to detail is what elevates the dining experience. Beyond Opus, there's il Cielo, an elegant rooftop Italian restaurant that pairs authentic dishes with breathtaking skyline views, and D9 Cakery, famed for its artisanal patisserie (don't miss the D9 American cheesecake). The exclusive Club Lounge offers a more intimate setting for cocktails, canapés, and conversation. A home away from home for Middle Eastern guests For travellers from the Middle East — especially Oman — voco Orchard Singapore offers a welcoming space that understands and respects cultural nuances. The hotel provides halal dining options, prayer facilities on request, and a team trained in cultural sensitivity, ensuring guests feel seen, respected, and comfortable. This hospitality is more than surface-deep. It's rooted in Singapore's historical ties with Oman. Muscat Street, named after Oman's capital, lies not far away from the hotel and is a symbol of the enduring friendship between the two cities — now sister cities in a formal partnership. 'We have a deep appreciation for our Middle Eastern guests,' says Mujumdar. 'From Muscat to Singapore, there's a bond that runs through both countries. We hope guests from the region feel that connection during their stay with us.' This genuine warmth is what transforms voco OrchardSingapore from an indulgent stay into a cultural experience. It's also why the hotel is seeing increasing numbers of Middle Eastern guests — both business travellers and families — who are drawn not only by the comfort but by the thoughtful hospitality that makes them feel at home. Explore the best of Singapore from one central address Location is everything in a city like Singapore, and voco Orchard Singapore delivers. It places you within easy reach of the island's most iconic landmarks: Marina Bay Sands, Gardens by the Bay, Chinatown, Kampong Glam, and of course, Orchard Road's dazzling stretch of luxury boutiques and flagship stores. For nature lovers, the Singapore Botanic Gardens are just 3km away — a tranquil escape perfect for a morning walk or an afternoon picnic. For cultural enthusiasts, neighbourhoods like Little India and Haji Lane offer immersive encounters with Singapore's multiethnic heritage. And when you return to the hotel after a day of discovery, you're greeted with a smile and a scent — reminders that this is more than just a place to rest your head. The final word: A stay that stays with you voco Orchard Singapore doesn't try to be everything to everyone — but what it does, it does with style, sincerity, and sustainability. It's a hotel that doesn't just check the boxes of modern luxury but redefines them through an experience that's deeply rooted in place, people, and purpose. Whether you're traveling from Muscat or Dubai, whether you're here to shop, sightsee, or sign deals, voco OrchardSingapore offers more than a room. It offers a story — one of comfort, care, and cultural connection. As Mujumdar aptly puts it, 'We're not just offering a hotel stay — we're offering a sense of belonging.'
Malay Mail
23-07-2025
- Malay Mail
Singapore security officer jailed seven months for punching colleague who suffered brain injury
SINGAPORE, July 23 — A security officer in Singapore was sentenced to seven months in jail after he punched his colleague in the face during a dispute, causing the victim to suffer a traumatic brain injury and lose consciousness. According to The Straits Times, the incident took place on June 15, 2024, after the two men, who were deployed at Lucky Plaza shopping centre in Orchard Road, got into a verbal dispute over work-related checks. The assailant, Mohd Razali Mohamed Sarip, 44, later trailed the 52-year-old victim—identified in court documents only as V1—as he was walking towards a nearby bus stop and kicked him from behind before delivering a forceful punch to his face. Deputy Public Prosecutor Sivaranjini Pillai Eliathamby said the impact caused the victim to fall backwards and hit the back of his head on the concrete floor, rendering him unconscious. Razali waited for the victim to regain consciousness, walked him to the bus stop and then left the scene. However, the victim fainted again shortly afterwards. A passing motorcyclist found him lying face down and alerted authorities. The victim was taken to hospital and found to have sustained a traumatic brain injury. He was placed on 65 days of medical leave and had to undergo rehabilitation with both a physiotherapist and a speech therapist. The Straits Times reported that Razali pleaded guilty to a single charge of voluntarily causing hurt and was sentenced on July 22. In addition to his jail sentence, he was ordered to pay nearly S$18,600 (RM65,000) in compensation to the victim, or serve an additional 18 days in jail if he fails to do so. Razali's bail was set at S$10,000 and he is scheduled to begin serving his sentence on August 5.
