Thanks for the welcome!
After typing out my reply, I realized that it's actually quite a good deal so I booked myself 3 nights for next week. FYI, the price increased slightly to S$750 before taxes.
The Aussie looks quite stable now. I took the opportunity to convert some of my RMs to AUDs (dropped from A$1=RM3.20 to A$1=RM2.30) for my kid's future university expenses. He's 9 months old btw.