Well, booked 3 nights for 119k points.
Got a month to see if I want to pay cash, stick, rebook or whatever.
As said elsewhere, really don't like the look of the IC, and not willing to pay a premium when I'm hardly going to be there anyway. Singapore isn't a city where I plan on spending my time eating and drinking constantly in a hotel lounge when there are so many better options out there.
Will review it should i end up staying.
Added: points cost dropped to 118k from 119k. May rebook to save 1k points. Not much, but a thousand points is a thousand points
Added: checked this morning, and 104,550 points.
Cancelled the original booking and saved nearly 15k points, so happy with that

Might be due to an "up to 15% discount on reward bookings"?