Laguna National Golf & Country Club is a prestigious and well established golf club in Singapore.
The total funding required for the Phase 1 is S$60m of which S$40m will be funded by equity/preferred equity and S$20m from project financing.
Phase 1:
An extension of the lease for 30 years (in principle approval already granted). The renovation of the existing golf and recreation clubhouses with GFA 23,257 sq. m.
Phase 2:
The construction of a 180 room conference oriented hotel with a GFA of 10,429 sq. m. (the requisite planning consents granted).