The Singaporean owners of Scarborough’s iconic Rendezvous Observation City want to redevelop the 18-storey tower into a luxury residential apartment block in a $100 million plan that includes a new, eight-level, five-star hotel on the site.

The plan by The Straits Trading Company Ltd, which also owns the Rendezvous Hotels International chain, promises to transform the ageing site into a thriving mixed-use precinct, while significant changes are mooted for the area.