Rodyk is acting for a major local bank in the S$240 million financing of two hotels and an office block in Balestier being built by property developers Hiap Hoe Limited and SuperBowl Holdings Limited through their joint venture company HH Properties Pte Ltd. The two hotels will operate under the Ramada and Days Inn brands, both of which are new to the market. The 390-room Ramada Singapore will be located at Zhongshan Park. It will have more than 6,400 sq ft of meeting space and will be linked to an adjacent office block. The Days Inn Hotel Singapore will have 405-rooms. Both hotels are scheduled to open in 2014. Finance partner Lee Ho Wah leads this transaction assisted by associate Bernice Ong.

Rodyk had earlier acted for HH Properties Pte Ltd in the acquisition of the Balestier site in November 2008 for S$73.3 million. Lee Ho Wah led the matter assisted by associate Eunice Yao.