Sunday, September 30, 2007

Ritz-Carlton Joins Hayden For First Asia Residence

Source : Property Report "October 2007"

The Ritz-Carlton has selected Singapore for its first private residential property in Asia, with Hayden Properties developing the high-profile project at 65 Cairnhill Road, close to the vibrant Orchard Road shopping district. The Ritz-Carlton will train and manage the residence’s staff, who will deliver an array of services including housekeeping, a 24-hour dedicated concierge, sommeliers and doormen.

Situated on almost 60,000sqft of elevated land, the 36-storey Ritz-Carlton Residences will have 56 apartments and two penthouses. Each unit comes with designer fittings and appliances, such as Sub-Zero refrigerators, and all bedrooms have ensuite bathrooms.

Recreational facilities include swimming pools, a barbecue area, tennis courts and a manicured maze garden on the ground floor. An eye-catching feature will be three sky terraces featuring a lap pool, hydro pool, gym, coffee shop, library, wine cellar, and an open kitchen and entertainment area, managed by The Ritz-Carlton.

Hayden Properties, a joint-venture set up last October between KOP Capital and Emirates Tarian, first made headlines in Singapore as the developer behind the much-anticipated ‘car porch condo’ at 37 Scotts Road. This latest alliance with a world-renowned hospitality brand is further testament to the company’s eye for boutique, high-class developments.

“We’re pleased to work with The Ritz-Carlton and proud that The Ritz-Carlton Residences, Singapore is the first of its kind in Asia,” said Leny Suparman, Director and Head of Real Estate of Hayden Properties (pictured far left, with Ong Chih Ching of Hayden, Shawn Hill of Marriott International and Ritz-Carlton’s Simon Manning).

“This shows Singapore is recognised as a global market,” she added. “We’re confident this development will be very appealing to many who have been waiting for such a product in the market.”

Since The Ritz-Carlton Company opened its first residence in 2000 in Washington, DC, an additional 15 have since opened, and 16 more are under construction. While Singapore marks Ritz-Carlton’s first residential project in this region, the company opened the first of its 11 hotels in Asia in Hong Kong in 1993.

“The choice of Singapore as the place in Asia to launch indicates our confidence in the country as a highly desirable and sought-after location for distinctive residential projects,” said Herve Humler, President, International of The Ritz-Carlton Hotel Company.

“The Ritz-Carlton Residences aims to up the ante in high-end living by providing the legendary Ritz-Carlton experience to residents, who will enjoy the same gold standard of hospitality, encompassing the finest personal service and facilities.”

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