Capitol Kempinski Hotel – the missing link in place

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Guests at Capitol Kempinski Hotel in Singapore will instantly recognise the luxury hotel’s brand ambassador, “the Lady in Red”, who ensures that hotel guests will have a memorable stay.
The 157-room luxury hotel, soft-launched in October last year, was the missing piece to complete Capitol Singapore’s integrated development offering. The integrated project includes the historical Capitol Theatre, the 39-unit Eden Residences Capitol and a four-level retail podium called Capitol Piazza, which is linked directly to the City Hall Interchange MRT Station in the basement level.
The opening of the Capitol Kempinski Hotel Singapore was the missing piece to complete Capitol Singapore’s integrated development offering (Picture: Perennial Real Estate Holdings)
After operating for six months, Capitol Kempinski Hotel has achieved an average occupancy rate of about 50%, with average daily room rates of around $500 a night, says DBS Research in its Feb 14 report on Perennial Real Estate Holdings, which fully owns the property.
The historical Stamford House has the 624 sq ft Stamford Suite, one of four suite room types available at Capitol Kempinski Hotel (picture: Samuel Isaac Chua/The Edge Singapore)
Perennial is in the middle of refreshing the retail offerings in the retail mall. The repositioning exercise of Capitol Piazza is still ongoing, with the opening of new retail F&B concepts, such as new restaurant 15 Stamford by Alvin Leung by the eponymous Michelin-starred chef. Two Kempinski F&B concepts, German delicatessen Berthold Delikatessen and Berlin urban lifestyle-inspired restaurant and bar Freida, are also located within the hotel.
Other new tenants at the Piazza include Taiwanese bubble tea retailer Tiger Sugar’s first outlet in Singapore, as well as optical store 999.9 and boutique jeweller SJC.
Global workspace provider IWG is also opening the Asian flagship location of its premium workspace brand No18, at a 20,600 sq ft space on the second...