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The EOI exercise will close on 27 March 2020.
The 138-room boutique hotel, The Porcelain Hotel, has been launched for sale via expression of interest, according to an announcement by EDMUND TIE. The hotel is situated in the Kreta Ayer conservation area, Mosque Street.
The guide price for the property is at $115m, reflecting approximately $830,000 per room, or $2,950 psf on the gross floor area.
The property spans four storeys and occupies a land area of 10,143 sqft and an estimated gross floor area of 38,686 sqft.
Daily Property News from Singapore
- Centurion Q4 earnings rise 38% to S$73.1m
- PropNex Q4 profit more than quadruples on surge in commission income
- Yanlord's profit down 5% to $664.88m in 2019
- SPH buys six aged-care homes in Canada for $245 million
- CDL mulls Singapore Reit for UK commercial properties
Interesting Stories related Singapore
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- National Gallery Singapore launches campaign to encourage Singapore's healthcare workers
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Storage Ideas in a Small Kitchen
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- 20 Sneaky Storage Tricks for a Tiny Kitchen
- 31 Incredibly Clever Ways To Organize Your Tiny Kitchen
- The 21 Best Small Kitchen Ideas of All Time
- 33 Ways To Organize A Tiny Kitchen That'll End Up Making A Big, Big Difference
Cleaning Tips for the Sparkling Home
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- 27 Amazing Cleaning Tips You'll Wish You Knew Sooner
- 39 Cleaning Tips and Tricks to Make Your Home Shine
- 30 Quick and Easy Spring Cleaning Tips for Every Room In Your House
- Here's How to Clean Your House More Efficiently
Previous news selection
Chart of the Day: Industrial property supply to weaken in 2021
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About Agent.sg Daily Property News Selection
Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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