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OUE awarded tender for lease and development of new hotel at Changi Airport Terminal 2

Felicia Tan
Felicia Tan • 2 min read
OUE awarded tender for lease and development of new hotel at Changi Airport Terminal 2
An artist's impression of the exterior of the new hotel. Photo: OUE
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Changi Airport Group (CAG) has awarded OUE (SGX:LJ3) the tender for the lease and development of a new hotel at the airport’s Terminal 2.

Under the tender conditions, CAG will grant OUE a strata sublease for a period till Aug 29, 2083, representing a lease tenure of 58 years based on a hand-over date of not more than 12 months from the date of award.

The new hotel, to be named Hotel Indigo Changi Airport, is expected to be completed and fully operational by 2028. The hotel will have 255 rooms across seven storeys and will feature “innovative” design elements and modern facilities including a rooftop day club, bar and infinity pool offering panoramic views of the runway, airport boulevard and skyline. Sustainability is a core component at this hotel. Its design is also centred around the concept of a “Floating Forest” with layers of rainforest and hanging epiphytes.

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