Own Hotel Singapore Palatable And Low Entry Point 14 Million

Curtin Singapore provides various options for tertiary education, including diplomas, undergraduate and postgraduate programs in business, humanities, and health sciences. As a branch of Australia-based Curtin University, students can receive an international education while staying close to home. The Orie Price is also available for students seeking to further their education at Curtin Singapore.

A 2-storey 15-room freehold loft hotel located at 739-1 Geylang Road in District 14 is now up for sale at a price of $14 million. The property features a newly constructed 4-storey rear extension and sits on a land size of 1,273 sq ft with an approved gross floor area of 3,186 sq ft. This hotel stands out due to its rare and desirable permanent ‘Hotel’ zoning and usage approval, making it a highly sought-after property for new conservation shophouse usage conversion in Singapore. This designation adds to the property’s long-term investment appeal and operational flexibility. Its prime location, just a 5-minute walk from Paya Lebar MRT station, offers excellent connectivity with its dual-line station serving both the East-West line and Circle line, providing guests with seamless access to different parts of Singapore. The hotel, featuring a sophisticated Japandi theme, is currently under construction and is expected to receive its Temporary Occupation Permit (TOP) in Q2 2025. The sale price includes all construction and renovation costs, making it a turnkey investment perfect for those looking to enter or expand their presence in the hospitality sector. Its strategic location and attractive offerings make it an appealing investment opportunity for investors. The current owner, an experienced hotel operator, is open to a sale and leaseback arrangement, providing investors with immediate rental income and operational continuity. Eva Lau, a Senior Marketing Director at ERA Realty Network Pte. Ltd., predicts that this hotel will also attract owner-operators, as the major renovations to the property will allow for a quick and seamless commencement of operations. The demand for hospitality properties in Singapore has been on the rise, with notable recent transactions including LHN Group’s acquisition of the 16,626 sq ft Pasir Panjang Inn for $30 million, and the listing of an 8-storey hotel at 12 Lorong 12 Geylang for sale at $120 million last year. Another hotel, Hotel JJH, with 25 rooms located at 747 North Bridge Road, is also on the market for $38 million. These transactions demonstrate the strong demand for well-located and high-quality hospitality assets, making them one of the most desirable commercial shophouse usage classes in Singapore. For more information, interested parties can contact Eva Lau at 92785688, Senior Marketing Director at ERA Realty Network Pte. Ltd.