US President Donald Trump and North Korean Leader Kim Jong Un have fixed the venue for their much awaited meeting which will be held in Singapore on June 12. The summit will take place on Singapore's resort island of Sentosa. 

"The venue for the Singapore summit between @POTUS and Leader Kim Jong Un will be the Capella Hotel on Sentosa Island. We thank our great Singaporean hosts for their hospitality," said White House press secretary Sarah Sanders.

It will be the first meeting between a North Korean leader and a sitting US president and it will be held at Sentosa Island's Capella resort. The 112-room hotel was designed by British architect Norman Foster.

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Basic rooms start at Sgd$663 (US $497), and the three-bedroom colonial manor going for Sgd$10,000 ($7,506) for a night’s stay.

Sentosa is one of 63 islands that make up Singapore and is also home to Resorts World, Universal Studios Singapore, Tiger Sky Tower, Singapore Butterfly & Insect Kingdom and Sea Aquarium. The island was used as a Japanese prisoner of war camp for British and Australian servicemen after allied forces surrendered to the Japanese in 1942. 

Earlier this week, it was reported that due to economic reasons, Pyongyang is requiring that another country pay for the North Korean leader and his delegation's hotel bill, The Washington Post reports.

According to the Post, Kim Jong Un is demanding to stay at the luxury, five-star Fullerton hotel, where a presidential suite costs more than US $6,000 a night. However since then, Singapore has said that it is willing to foot the bill.