WHILE the hotel industry has been hit by the economic downturn, serviced apartments - which come with their own kitchens, suiting professionals on short contracts who want a homely environment - are on a roll.
The 50-unit Fraser Place Fusionopolis located in the heart of Singapore's thriving research and development scene at JTC Corporation's Fusionopolis @ one-north research hub at Buona Vista. --PHOTO: FRASERS PLACETwo developments, totalling 204 rooms, have opened this year and two more with 675 rooms altogether will open within the next three years, all outside the city belt.
The latest to open is the 50-unit Fraser Place Fusionopolis located in the heart of Singapore's thriving research and development scene at JTC Corporation's Fusionopolis @ one-north research hub at Buona Vista.
The serviced apartments, which are on levels 17 to 19 of the park's 'Symbosis' Tower, opened last Wednesday and rates start from $6,300 a month.
Read the full report in Saturday's edition of The Straits Times, Life!.
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