The hotel is at 2 Owen Road and will offer rooms of up to 560 sq ft. The new 106-key hotel property will be called Owen House by Hmlet. (Picture: Hmlet)
SINGAPORE (EDGEPROP) - Co-living operator Hmlet has announced a partnership with real estate companies TCRE Partners and JMD Group to launch its debut hotel property next year. The new 106-key hotel property will be called Owen House by Hmlet.
“Hmlet is excited to collaborate with TCRE Partners and JMD Group in their acquisition of this hotel asset,” says Joshua Li, chief real estate officer of Hmlet. “The launch of Owen House by Hmlet comes at an opportune time to ride the upswing in momentum for the residential leasing market and tourism recovery as Singapore’s borders reopen.”
The hotel is at 2 Owen Road, close to Farrer Park MRT Station on the North-East Line. According to a press release from Hmlet on Nov 22, the property is undergoing refurbishment works to reposition it as a new hotel.
Hmlet describes the design of the hotel as inspired by “the nostalgic yesteryear era of New World Amusement Park, reflecting the glitz and glamour of that time period with a modern art deco interpretation”. The property will offer rooms of up to 560 sq ft.
An artist impression of a deluxe queen room at Hmlet's maiden hotel. (Picture: Hmlet)
Hospitality amenities will include a communal lobby and an island bar called Sunlight and Moonshine. The bar will serve grab-and-go specialty coffee during the day and transition into a 1920s inspired cocktail speakeasy in the evenings. This space will be open to the public.
“This hotel launches an enhancement of Hmlet’s business model to seek growth opportunities in new markets and living segments,” the co-living operator says.