Sitting majestically atop Mount Faber, The Alkaff Mansion was built in 1918 by a wealthy trader and philantropist,named Syed Abdul Rahman Alkaff who came to Singapore from Yemen. It was one of Singapore's more expensive and elegant resturant, offering international cuisine and an Indonesian-Dutch Rijsttafel buffet. It was located on Bukit Jagoh (the old name for Telok Blangah Hill) and was also known as Mount Washington. The house sits along the Mount Faber Ridge and had a commanding a panoramic view of Singapore Harbour.1) The Alkaff Mansion was sold after World War II.
2) In 1986 the Singapore Tourist Promotion Board restored it to become a restaurant.
3) In 2003, the restaurant ceased operation again due to economics reason.
Alkaff Mansion is located at 10 Telok Blangah Green, Singapore 109178.
The property has a land area of 96,699 sq ft and a gross floor area of 13,142 sq ft. An outdoor refreshment area (up to 969 sq ft) may be allowed subject to evaluation Singapore Land Authority (SLA) has launched a tender to lease out the property, which has conservation status, for the following uses - food & beverage/ restaurant, art gallery, wellness/spa facilities and museum. The guide rent is $28,100 per month and SLA will issue an initial tenancy term of three years, renewable for a further two terms of three years each.
Take a look at the first 3 highest value bidders :
1) The two-month-old company,LES, topped the tender with a monthly rent offer of $79,251,
which is about three times the SLA's monthly guide rent of $28,100.
2) The second-highest bidder is listed Fragrance Group, with a monthly rent offer of $41,300.
3) The third-highest bidder is Bakerzin Holdings with a monthly rent offer of $36,380.
The two-storey property is said to have been left vacant since former tenant Hotel Properties Ltd returned it to Singapore Tourism Board (STB) in 2004, when its 15-year lease expired.
The tender closes at 11 am on April 6. Bids will be evaluated on tender price, concept and proposed uses, among other factors.
What is your opinions on how bids will be evaluated ? Should you prefer the SLA selects the
bidder that offers the highest rent, or SLA should choose the operator with the best concept
or product ?
Do let us have your comments here. Most welcome to comment.
Photo extracted fr ST PHOTO: DESMOND LIM
