Business

Containers offer a suite change from the usual staycation

Singapore's newest hotel is not a swanky tower downtown but a couple of repurposed shipping containers at JTC Corporation's start-up cluster, Launchpad @ one-north.

The Shipping Container Hotel opened yesterday so Singaporeans can stay at unusual locations where typical inns would not be found.

This innovative proposition is also a result of help from the Pro-Enterprise Panel (PEP) under the Ministry of Trade and Industry (MTI), which collaborates with government agencies and businesses to streamline rules with the aim of reducing the regulatory burden.

Hotel founder and chief executive Seah Liang Chiang said the PEP approved his idea about a year ago, after he sought its help.

"I wanted to give Singaporeans the experience of having a staycation with a difference," he said. "Now, people go to Sentosa, Marina Bay Sands or Orchard Road, but I wanted them to experience (something different). I approached MTI and they told me to apply for the First Mover Framework."

The framework uses government assets to test out new business concepts.

Mr Seah was offered space at the Launchpad, where he now has two containers that have a maximum capacity of eight guests.

Each 280-sq-ft container has been turned into a fully air-conditioned one-bedroom suite with two queen-size beds, a living room, dining room, full kitchen, bathroom and outdoor decks.

A night at the hotel will cost about $150 to $200.

The total cost of repurposing each container and connecting it to plumbing and electricity was around $70,000 to $110,000.

Senior Minister of State for Trade and Industry Chee Hong Tat said at yesterday's launch: "There are many businesses with good innovative ideas and new concepts, and they need a place where they can try it out and prove their concept works. If it works, they can scale it up and take their idea further."

He added that the PEP and First Mover Framework help companies to break the problem of having no track record of testing their ideas when they look for business partners. "This allows them to use our government sites to show the proof of concept, demonstrate that it works and then they can go further depending onRead More – Source

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