Paramount Hotel will be renamed as East Village Hotel, following the completion of its sale to Far East Organisation. Far East Hospitality had bought the building together with the adjoining shopping centre for S$214 million in a collective sale. The sale was first announced last November. Far East said it is expected to take official ownership of the hotel and shopping arcade in February...
Paramount Hotel
Paramount Hotel and Paramount Shopping Centre are up for sale at an indicative price of $200 million. Located at 25 Marine Parade Road and 30 East Coast Road, Paramount Hotel and Paramount Shopping Centre make up a 229-room hotel-and- shopping complex. The freehold property in District 15 was last put on the market in May 2007 at the same price but did not sell. The 102,685 square foot site is zoned for...