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Group behind Hotel 81 buys UOL's Parkroyal Kitchener Hotel for $525 mil

The Edge Singapore
The Edge Singapore • 3 min read
Group behind Hotel 81 buys UOL's Parkroyal Kitchener Hotel for $525 mil
Photo: Albert Chua
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UOL Group has sold Parkroyal Kitchener Hotel for $525 million to Midtown Properties.

The latter shares the same registered address as Hotel 81 Management and Worldwide Hotels, whose chairman is Choo Chong Ngen, founder of the Hotel 81 chain. His daughter, Carolyn Choo, is the group’s managing director and CEO.

The hotel, with 542 rooms, is held under UOL's hospitality unit Pan Pacific Hotels Group. Located along Kitchener Road, off Serangoon Road, the property is near Mustafa Centre and City Square Mall, which is linked to the Farrer Park MRT station on the Northeast Line.

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