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Overview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Operations & Ownership
Owner Role
Full Time
Property Information
Premise Type
Commercial Street
Premise Size
8538 sqft / 793 sqm
Operations & Growth
Reason For Sale
Retiring
Description
Nestled in the heart of the Little India Conservation Area, this exquisite 3-storey boutique Hotel with basement sits on a premium freehold land parcel spanning approximately 2,556 sq ft, boasting a total floor area of around 8,538 sq ft. Comprising 31 elegantly appointed guest rooms, the hotel also features a charming ground-floor restaurant capable of accommodating up to 50 diners per seating.
Benefiting from a 'Commercial' zoning designation with permanent Hotel approval, this exceptional property offers foreigners the opportunity to purchase without incurring Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD).
Given its promising long-term potential, coupled with the tourism sector's robust recovery, this boutique Hotel presents a valuable investment prospect for a diverse range of buyers, including family offices, boutique real estate funds, local companies, owner-occupiers, and high-net-worth individuals.
Selling Price SGD 35 million
Interested parties pls call / whatsapp 91896791. Thanks
Benefiting from a 'Commercial' zoning designation with permanent Hotel approval, this exceptional property offers foreigners the opportunity to purchase without incurring Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD).
Given its promising long-term potential, coupled with the tourism sector's robust recovery, this boutique Hotel presents a valuable investment prospect for a diverse range of buyers, including family offices, boutique real estate funds, local companies, owner-occupiers, and high-net-worth individuals.
Selling Price SGD 35 million
Interested parties pls call / whatsapp 91896791. Thanks
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Singapore