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On 14 August 1984, Scotts Holdings opened The Ascott Singapore, the first international-class serviced residence in the Asia Pacific region. [2] The name “Ascott” was coined by Ameerali Jumabhoy to represent Scotts Road in Singapore [3] (where the first property was located at) and a nod to the famed British races at Ascot, due to the family's association with equestrian sports. [4]
After the acquisition of Central Square at Havelock Road in 2022, City Developments Limited will be redeveloping Central Mall, Central Square, and an adjacent cluster of conservation shophouses into a large-scale mixed-use lifestyle hub comprising a hospitality component, serviced apartments, and commercial spaces such as offices and retail units.
The Singapore Urban Redevelopment Authority (URA) had previously agreed that there were merits to conserving the apartments as it had been one of the pioneering high-rise residential projects of a developing Singapore as well as being the precedent of future high-rise residential developments. Pearl Bank Apartments demolition (shot in Feb 2020)
The Interlace's site formerly housed the 607 units Gillman Heights Condominium, which is 50 percent owned by the National University of Singapore (NUS). [5] The property was subsequently sold to CapitaLand through a collective sale but the sale was controversial as NUS held a 16 percent stake in Ankerite, a private fund that was a subsidiary of CapitaLand.
Great World, formerly known as Great World City, is a mixed-used development consisting of a 6-storey shopping mall, two 18-storey office towers and a 35-storey serviced apartment tower in the Central Area of Singapore.
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