First Citadines serviced apartments hit 70% occupancy
The service apartments opened in Singapore yesterday and is already doing brisk business. -ST
Thu, Feb 26, 2009
The Straits Times
THE first Citadines serviced apartment complex opened here by the Ascott company is already doing brisk business.
The firm said the 154-unit block in Wilkie Road - called Citadines Singapore Mount Sophia - is about 70 per cent occupied a month after its Jan 9 opening.
Ascott, which is wholly owned by CapitaLand, now has seven serviced apartment complexes here under its Ascott,
Somerset and Citadines brands as well as two unbranded developments.
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